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
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