Updated Nov 9, 2026
Jake Simpson, Seth Weisman & Bean Of Urban Standard Capital Provide $17.5M Acquisition Loan In Mountain Village
$17,500,000
$486/SF
Building Size
36,000 SF
Asset Type
Development Site
Closing
Nov 5, 2026
About this deal
AI
The transaction involves a development site located in Mountain Village, CO, with a buildable square footage of 129,000. The loan amount secured is $17,500,000, designated for acquisition purposes.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $17,500,000
- Lender: Jake Simpson, Seth Weisman & Bean - Urban Standard Capital
- Loan Type: Acquisition
- Date: 11/05/2026
Jake Simpson, Seth Weisman, and Bean from Urban Standard Capital represent the lender in this transaction. Urban Standard Capital specializes in providing tailored financing solutions for residential projects across the nation, emphasizing a relationship-driven approach. The firm is expanding its presence in ski town markets, indicating an active interest in financing similar projects.
Players
Market Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93