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Lang Partners & Realty Capital Residential Secures $54.5M Construction Loan For Basalt, CO Mixed-Use Property

Tree Farm Drive
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This Mixed-use property located in CO received a loan of $54,500,000 about 2 years ago. The brokers of the deal were Brian Carlton, Leon McBroom, and Eric Tupler

The mixed-use property located on Tree Farm Dr in Basalt, CO has recently undergone a closed transaction. The property consists of 196 units and is owned by Lang Partners & Realty Capital Residential.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $54,500,000
  • Units: 196
  • Address: Tree Farm Dr, Basalt, CO
  • Market: Basalt, CO

Playing a vital role in the transaction were the brokers Eric Tupler, Leon McBroom, and Brian Carlton from JLL Capital Markets. Eric Tupler, Leon McBroom, and Brian Carlton represented the buyers and sellers in this deal.

The transaction involved a construction loan of $54,500,000 to finance the development of the property.

View Related

Deals
  • Location
    Tree Farm Dr, El Jebel, Colorado 81623, United StatesTree Farm Dr, El Jebel, Colorado 81623, United States
  • Loan Value
    $54,500,000$54,500,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Leon McBroom

Leon McBroom

Deals2
Financed$93M

Brian Carlton

Brian Carlton

Deals2
Financed$94.5M

Eric Tupler

Eric Tupler

Deals7
Financed$354.6M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Deal Summary

LOAN IMAGE: Eric Tupler, Leon McBroom & Brian Carlton DATE: 01/12/2022 ADDRESS: Tree Farm Dr MARKET: Basalt, CO ASSET TYPE: Mixed-use ~ UNITS: 196 LANDLORD: Lang Partners & Realty Capital Residential BROKERS: Eric Tupler, Leon McBroom & Brian Carlton - JLL Capital Markets LOAN AMOUNT: $54,500,000 LOAN TYPE: Construction Loan

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