FINANCED
NewPoint Refinances Aspire Apartments In Westminster, CO For $68.75M With Landlord Sherman Associates
5850 Central Avenue - Aspire Apartments
MultiFamily
300,000 SF
300,000 SF
Financed 1 year ago
Summary
Loan
COLORADO
MultiFamily
300,000 sqft
On February 9, 2022, a refinancing loan transaction took place for the Aspire Apartments located at 5850 Central Avenue in Westminster, CO. The multifamily property spans 300,000 square feet and comprises a total of 226 units. The loan amount for this transaction was $68,750,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $68,750,000
- Market: Westminster, CO
- Address: 5850 Central Avenue
- Asset Type: Multifamily
- Square Footage: 300,000
- Units: 226
The lender involved in this transaction was NewPoint Real Estate Capital, while the landlord was Sherman Associates. The brokers who represented the parties in this deal were Michael Campbell and Kyle Morque, both from The Carlton Group.
For any further information about this transaction, you can contact Michael Campbell from The Carlton Group at (212) 716-5611 or via email at [email protected].
Players
Details
FINANCED
IMAGE: Michael Campbell & Kyle Morque
DATE: 02/09/2022
ADDRESS: 5850 Central Avenue - Aspire Apartments
MARKET: Westminster, CO
ASSET TYPE: Multifamily ~ SF: 300,000 ~ UNITS: 226
LENDER: NewPoint Real Estate Capital
LANDLORD: Sherman Associates
BROKERS: Michael Campbell (@The_Real_MJ_Campbell) & Kyle Morque - The Carlton Group
LOAN AMOUNT: $68,750,000
LOAN TYPE: Refinance
NOTE FROM BROKER: The Carlton Group
Equity & Debt Capital Advisors
Michael Campbell
(212) 716-5611
[email protected]View on map
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Address5850 Central Avenue - Aspire Apartments
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