Berkadia Secures $81.23M Equity Loan In Denver Multifamily Transaction

64th Avenue, Denver & Dunkirk Street

$81,230,000

$71/SF

Building Size

1,130,000 SF

Asset Type

MultiFamily

Closing

Mar 29, 2024

AI

The property at 64th Avenue & Dunkirk Street in Denver, CO, is a multifamily asset with 578 units spanning over 565,000 square feet. The loan amount secured for this property is $81,230,000 in the form of joint venture equity.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $81,230,000
Market: Denver, CO
Lender: MBK Rental Living
Landlord: Trammel Crow Residential
Brokers: Chinmay Bhatt, Noam Franklin & Cody Kirkpatrick - Berkadia

The team at Berkadia JV Equity & Structured Capital, represented by Noam Franklin, Cody Kirkpatrick, and Chinmay Bhatt, has actively engaged with institutional investors globally. Following their international partnership with Knight Frank in 2023, they have traveled extensively to meet with investors in Japan, South Korea, Hong Kong, Singapore, United Arab Emirates, Kuwait, and the UK.

Players