Transaction Overview
George Smith Partners facilitated a $28 million construction loan for a 78-unit townhome development in Denver's Sun Valley neighborhood, an Opportunity Zone location. The project is a four-story stacked townhome development with garages included. The project benefits from Denver Housing Authority redevelopment initiatives and new parks along the Platte River in one of Denver's most rapidly evolving submarkets. GSP conducted a comprehensive debt advisory process, sourcing multiple non-recourse term sheets from banks and debt funds.
