Updated Mar 2, 2026
JLL Capital Markets Secures $40 Million Loan For Griffis Belleview Station In Denver
4400 South Monaco Street
$40,000,000
Units
238
Asset Type
MultiFamily
Closing
Feb 27, 2026
About this deal
AI
The asset involved in this transaction is a multi-family property featuring 238 units, located at 4400 South Monaco Street in Denver, Colorado. The transaction was facilitated with a loan amount of $40,000,000 from an unidentified life insurer for the financing of the Griffis Belleview Station.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $40,000,000
- Address: 4400 South Monaco Street
- Market: Denver, CO
- Units: 238
- Landlord: Griffis Residential
- Broker: JLL Capital Markets
- Loan Date: 02/27/2026
JLL Capital Markets was responsible for securing the loan for the property and represents the landlord, Griffis Residential, in the transaction. The loan has a term of seven years with a fixed rate, enhancing the financial structure surrounding the operation of the property.
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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93