Trailbreak Partners completes $37.1 Million refinancing of newly constructed Denver multifamily property
United States, Oct. 8 -- JLL Capital Markets announced that it has arranged $37.1 million in construction takeout financing for Ridian Apartments, a 123-unit newly constructed luxury multifamily community located in Denver, Colorado.JLL worked on behalf of the borrower, Trailbreak Partners, to secure a floating-rate loan through an insurance company's debt fund.Completed in 2025, Ridian Apartments represents a sophisticated addition to Denver's rental housing market, featuring a thoughtfully designed unit mix of studio, one-bedroom and two-bedroom apartments across 132,000 square feet. The three-story wood-frame building includes 12 affordable units restricted to households earning 80 percent of the area median income, with the remaining 11...
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