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Clyde Holland Of Holland Partner Group Secures $83.8 Million Loan For 374-Unit Multifamily In Denver
FINANCED
$83,800,000
Colorado
See Similar DealsMultiFamily
Financed 10/14/2025
FINANCED
Clyde Holland Of Holland Partner Group Secures $83.8 Million Loan For 374-Unit Multifamily In Denver
2950 Arkins Court
See Similar DealsMultiFamily
Financed 10/14/2025
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Loan
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.
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$83,800,000.00
Monthly NOI$558,666.67
Monthly Debt Service$529,673.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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