Lang Partners & Realty Capital Residential Secures $54.5M Construction Loan For Basalt, CO Mixed-Use Property

Tree Farm Dr, El Jebel, Colorado 81623, United States

$54,500,000

Building Size

—

Asset Type

Mixed-use

Closing

Jan 11, 2022

AI

The mixed-use property located on Tree Farm Dr in Basalt, CO has recently undergone a closed transaction. The property consists of 196 units and is owned by Lang Partners & Realty Capital Residential.

Summary of transation details

Property Type: Mixed-use
Transaction Amount: $54,500,000
Units: 196
Address: Tree Farm Dr, Basalt, CO
Market: Basalt, CO

Playing a vital role in the transaction were the brokers Eric Tupler, Leon McBroom, and Brian Carlton from JLL Capital Markets. Eric Tupler, Leon McBroom, and Brian Carlton represented the buyers and sellers in this deal.

The transaction involved a construction loan of $54,500,000 to finance the development of the property.

Players