Kearney Townhome Development

Commerce City
,
CO
95% LTC
Development mock up and aerial view of site
Amount: $
2062500
Interest Rate: 
%

StackSource arranged $2.06mm financing for a land acquisition and horizontal development plan to build 44 townhomes in Commerce City, CO. StackSource Capital Advisor Jaideep Chadha was able to assist the sponsor, who has no prior experience with residential development within the U.S., in obtaining a 95% LTC, 12-month interest-only loan. Jaideep facilitated a smooth lending process, from term sheet to commitment, in less than 30 days.

Charitable Cause supported by 1% of StackSource's revenue on this transaction: