Clyde Holland Of Holland Partner Group Secures $83.8 Million Loan For 374-Unit Multifamily In Denver
2950 Arkins Court
$83,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 14, 2025
AI
The Deveraux is a newly built multifamily community located at 2950 Arkins Court in Denver, CO, comprising 374 units. The loan amount secured for this property is $83,800,000, facilitated by BMO Bank.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $83,800,000
- Address: 2950 Arkins Court
- Market: Denver, CO
- Units: 374
- Lender: BMO Bank
- Landlord: Clyde Holland - Holland Partner Group
Newmark arranged the loan for The Deveraux, assisting in the financing process for this luxury community situated in Denver’s River North district, owned by Holland Partner Group.
Players
Denver MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93