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Vista Residential Partners Secures $40.4 Million Loan From Nationwide For Highline Vista Project In Littleton

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FINANCED
$40,400,000

Colorado

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FINANCED

Vista Residential Partners Secures $40.4 Million Loan From Nationwide For Highline Vista Project In Littleton

16 West Dry Creek Circle

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Development Site
Financed
the dealplayerscompscontact
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Summary

COLORADO
Asset Type:Development Site
Transaction Type:Loan

The asset involved in this transaction is a development site located at 16 West Dry Creek Circle in Littleton, Colorado. This site is designated for the construction of a multifamily project consisting of 172 units. Vista Residential Partners acquired the land for $3.9 million and secured a construction loan of $40.4 million from Nationwide Mutual Insurance Co to finance the development.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $40,400,000
  • Address: 16 West Dry Creek Circle
  • Market: Littleton, CO
  • Units: 172
  • Lender: Nationwide Mutual Insurance Co
  • Landlord: Vista Residential Partners
  • Loan Type: Construction
  • Land Acquisition Price: $3,900,000

Key individuals involved in the transaction include Vista Residential Partners, acting as the landlord and developer of the Highline Vista multifamily project, and Nationwide Mutual Insurance Co, which provided the construction financing for the project.

Players

Nationwide Mutual Insurance Co
Nationwide Mutual Insurance Co
LENDER
VP
Vista Residential Partners
LANDLORD

Details

FINANCED
IMAGE: 03/04/2026 ADDRESS: 16 West Dry Creek Circle MARKET: Littleton, CO ASSET TYPE: Development Site ~ UNITS: 172 LENDER: Nationwide Mutual Insurance Co LANDLORD: Vista Residential Partners LOAN AMOUNT: $40,400,000 LOAN TYPE: Construction NOTE: Vista Residential Partners secured a $40.4 million construction loan from Nationwide to build its 172-unit Highline Vista multifamily project at 16 W. Dry Creek Circle in Littleton, after acquiring the land for $3.9 million.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$40,400,000.00

Monthly NOI$269,333.33
Monthly Debt Service$255,355.48
Change in Cash Flow$0.00
Refinance Proceeds$0.00