facebook

traded

+ Submit
Home

/

Deals

/

Colorado

/

Multifamily

/

Loan

/

3295 Eliot Street

JLL Arranges $37.1 Million Loan For Ridian Apartments On Behalf Of Trailbreak Partners In Denver
FINANCEDMultiFamily

JLL Arranges $37.1 Million Loan For Ridian Apartments On Behalf Of Trailbreak Partners In Denver

3295 Eliot Street

$37,100,000

Building Size

Asset Type

MultiFamily

Closing

Oct 9, 2025

AI

Ridian Apartments is a newly completed luxury multifamily property located at 3295 Eliot Street in Denver, CO. This asset comprises 123 units and spans a total of 132,000 square feet, offering resort-style amenities and 12 affordable units in a prime location near downtown Denver.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $37,100,000
  • Units: 123
  • Landlord: Trailbreak Partners
  • Broker: Rob Bova - JLL
  • Market: Denver, CO

JLL Capital Markets arranged the construction takeout financing for this property on behalf of Trailbreak Partners, facilitating a loan amounting to $37.1 million. The transaction highlights the involvement of Rob Bova from JLL, who represents the interests of Trailbreak Partners in this deal.

Players

Rob Bova

JLL

Broker

$392.8M

vol

12 deals

Broker
JLL
JLLBrokerage

Denver MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93