Two Arrows Group & LEM Capital Secure $11.9 Million Loan For Eastglen Apartments In Longmont CO

The asset involved in this transaction is a multifamily property located at 630 Lashley Street in Longmont, CO. The acquisition financing for this property was arranged to total $11,900,000 through a five-year, fixed-rate loan.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $11,900,000
• Loan Terms: five-year, fixed-rate loan
• Landlord: Two Arrows Group & LEM Capital
• Brokers: Brock Yaffe & Tony Nargi - JLL

This transaction highlights the collaboration between Two Arrows Group and LEM Capital as a joint venture for the acquisition of Eastglen Apartments. The financing was specifically arranged by JLL Capital Markets, emphasizing the strategic partnership and professional representation in the deal.