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Jackson

Urban Standard Capital Provides $8,750,000 Construction Loan For 9,000 SF Condo In Jackson WY
FINANCEDCondo

Urban Standard Capital Provides $8,750,000 Construction Loan For 9,000 SF Condo In Jackson WY

$8,750,000

$972/SF

Building Size

9,000 SF

Asset Type

Condo

Closing

Jun 8, 2026

AI

The asset involved in this transaction is a condominium with a total square footage of 9,000 situated in Jackson, WY. The loan amount secured for this construction project is $8,750,000, with Urban Standard Capital acting as the lender.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $8,750,000
  • Asset Location: Jackson, WY
  • Square Footage: 9,000
  • Lender: Jake Simpson, Seth Weissman & Jeremy Plofker - Urban Standard Capital
  • Loan Type: Construction

The deal features contributions from Jake Simpson, Seth Weissman, and Jeremy Plofker, who represent Urban Standard Capital. USC emphasizes a relationship-driven approach to structuring financing solutions for residential projects nationwide, particularly focusing on ski town markets as part of its westward expansion.

Players

Urban Standard Capital
Urban Standard CapitalLender

Seth Weissman

Urban Standard Capital

Originator

$590.5M

vol

56 deals

Originator

Market Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.81%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93