facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Colorado

/

Multifamily

/

Loan

/

2905 Inca Street

Updated Sep 30, 2026

JLL Real Estate Capital Provides $86.05 Million Loan To Ian Griffis For 400-Unit Denver Property
FINANCEDMultiFamily

JLL Real Estate Capital Provides $86.05 Million Loan To Ian Griffis For 400-Unit Denver Property

2905 Inca Street

$86,050,000

Units

400

Asset Type

MultiFamily

Closing

Sep 29, 2026

About this deal

AI

The asset involved in this transaction is a multi-family property known as Griffis Union Station, featuring 400 units. The loan amount secured for this property is $86,050,000, and it is located at 2905 Inca Street in Denver, Colorado. The transaction took place in a market that supports a significant rental environment for multi-family dwellings.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $86,050,000
  • Address: 2905 Inca Street
  • Market: Denver, CO
  • Units: 400
  • Lender: JLL Real Estate Capital
  • Landlord: Ian Griffis - Griffis Residential

JLL Real Estate Capital provided a five-year Fannie Mae mortgage for the property, facilitating the transaction for Griffis Residential. Ian Griffis represents the landlord's interests in the deal, ensuring the successful completion of this financial arrangement.

On the Map

Open live map

$86,050,000

MultiFamily

View full map

Players

JLL
JLLLender
Griffis Residential
Griffis ResidentialLandlord

Santa MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Deal FAQ

About $215.1K per unit across 400 units on a published $86.1M (2026).

Browse Santa multifamily loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets