RXR Realty And Partners Secure $125 Million Construction Loan For AVE Station House In Denver

The property asset involved is a luxury multifamily project located at 4001 Walnut Street, Denver, CO. AVE Station House is a 13-story building consisting of 301 units, receiving construction financing amounting to $125 million for its development in the River North arts district.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $125,000,000
• Loan Type: Construction
• Lender: Josh Zegen - Madison Realty Capital
• Landlord: Scott Rechler - RXR Realty, Halpern Real Estate Ventures, Korman Communities & Invent Development Partners
• Brokers: Leon McBroom, Michael Gigliotti, William Haass & Ellie Savage - JLL; Paul Patafio - Hudson Realty Capital
• Loan Date: 08/08/2026

Key individuals and companies involved in the transaction include RXR Realty and its partners, who are securing the construction financing, and the brokers representing the deal, highlighting the collaboration between multiple real estate entities and professionals in the execution of this transaction.