DALLAS, TX – Holliday Fenoglio Fowler, L.P. (HFF) announces the capitalization of the first phase of Volta at Voyager, a two-phase, Class A+ multi-housing and retail development in Colorado Springs, Colorado.
The HFF team worked on behalf of the developer, Shawn Goff of Bayley Yandell Development, to secure a floating-rate senior loan through Great Southern Bank and preferred equity through Sound Mark Partners, LLC. The capitalization represents the first of a two-phase project, which will encompass a total of 320 units and 20,000 square feet of retail once completed.
The first phase of Volta at Voyager will comprise 10 garden-style buildings containing 200 units averaging 924 square feet. Unit features will include first-floor private parking garages and high-end finishes, including large kitchen islands, stainless steel appliances, walk-in closets, outdoor balconies and mountain views. Additionally, the property will have a mountain resort-themed clubhouse with a business center, clubroom with fireplace and large-screen TV, and fitness facility as well as a heated outdoor pool, hot tub, and patio with grilling and lounge areas. Volta at Voyager is located at the northwest corner of Jet Stream and New Life Drives approximately two miles west of Interstate 25, which provides connectivity to major employment drivers in downtown Colorado Springs, Castle Rock and the Denver metropolitan area.
The HFF team representing the developer included senior director Jim Curtin and director Kristian Lichtenfels.
About HFF: HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.