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DENVER, CO - CBRE Capital Markets’ Debt & Structured Finance has secured construction financing for FoundryLine, an infill development in Denver’s River North Arts District (RiNo) featuring 348 multifamily units and retail space.
Brady O’Donnell and Jill Haug with CBRE in Denver arranged the loan on behalf of the borrower.
“The execution of the construction financing for The FoundryLine represents a best-in-class outcome, driven by the project s strategic location, thoughtful design, and the outstanding reputation of McWhinney. We were able to conduct a highly competitive loan process that resulted in an incredibly accretive loan structure,” said Mr. O Donnell.
FoundryLine is a 17-story, 348-unit luxury apartment building that is planned to offer a range of studio to three-bedroom units. The ground floor is slated to include the community’s lobby, leasing office, and 14,000 square feet of retail space. Community amenities are planned to include a rooftop pool and spa w
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