FINANCED
Marcus & Millichap Secures $50.9M Construction Loan For The Helen In Park City
3267 Deer Hollow Drive
Development Site
Financed 82 days ago
Summary
Loan
UTAH
Development Site
The Helen, phase two of the Founders Place luxury condominium development in Deer Crest Neighborhood at Deer Valley Resort, located at 3267 Deer Hollow Rd, Park City, UT, secured a construction loan amounting to $50,901,488. The loan was facilitated by IPA Capital Markets.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $50,901,488
- Landlord: East West Partners
- Brokers: James Matheny, Jordan Ray, Rachael Krawiecki & Steven Buchwald - Institutional Property Advisors
The loan was specifically secured for The Helen, part of the luxury condominium development in the prestigious Deer Crest Neighborhood. IPA Capital Markets, a division of Marcus & Millichap, played a crucial role in finalizing the $50,901,488 construction financing for this upscale project.
Players
Details
FINANCED
IMAGE: Jordan Ray, Rachael Krawiecki, James Matheny & Steven Buchwald
DATE: 02/14/2024
ADDRESS: 3267 Deer Hollow Rd
MARKET: Park City, UT
ASSET TYPE: Development Site
LANDLORD: East West Partners
BROKERS: James Matheny, Jordan Ray, Rachael Krawiecki & Steven Buchwald - Institutional Property Advisors
LOAN AMOUNT: $50,901,488
LOAN TYPE: Construction
NOTE: IPA Capital Markets, a division of Marcus & Millichap, secured $50,901,488 in construction financing for The Helen, phase two of the Founders Place luxury condominium development in Deer Crest Neighborhood at Deer Valley Resort, Park City, Utah.View on map
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Address3267 Deer Hollow Drive
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