Parkview Financial Funds Apartment Build in Denver
Art District Holdings secured a $26 million loan to build an eight-story apartment and retail building.
Located at 1225 Santa Fe Drive, the 125,494-square-foot asset will include 126 apartment units and two ground floor retail spaces totaling 6,465 square feet. Additionally, the property will include parking on the first and second floors. The fully entitled project has now commenced construction with completion anticipated for summer 2021.
Parkview has provided in excess of $600 million in new construction financing across the United States over the last 24 months, and has previously funded projects on behalf of the developer.