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JLL Capital Markets Group Secures $55.18 Million Refinance Loan for 276-Unit The Iris Apartment Community in Denver Suburb

DENVER, CO - JLL Capital Markets announced today that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb of Arvada, Colorado.
JLL worked on behalf of the borrower, VareCo, to secure the fixed-rate, ten-year, full-term, interest-only, Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.
Constructed in 1970 and renovated in 2022, the six-building, three-story community. ....

United States , Tony Nargi , Arvada Ridge , Terrance Doyle , William Haass , Fannie Mae , Jones Lang Lasalle Incorporated , Real Estate Capital , Capital Markets , Estate Capital , Arvada Ridge Public , Mode Town , Markets Debt Advisory , Managing Director Tony Nargi , Director William , Jones Lang Lasalle ,

Jones Lang LaSalle Incorporated : $55.18M refinancing secured for suburban apartment complex

DENVER, Jun. 21, 2023 - JLL Capital Markets announced today that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb of Arvada, Colorado.


JL. ....

United States , Terrance Doyle , Arvada Ridge , William Haass , Tony Nargi , Fannie Mae , Jones Lang Lasalle Incorporated , Real Estate Capital , Estate Capital , Arvada Ridge Public , Mode Town , Markets Debt Advisory , Managing Director Tony Nargi , Director William , Jones Lang Lasalle ,