Urban Standard Capital Provides $27M Land Loan for 440-Unit Vail, Colo., Complex
Aptitude Development has secured $26.5 million in financing to acquire 53 acres of land that will be the site of Edwards River Park, a 440-unit residential community split between affordable apartments and for-sale townhouses and condominiums in Vail, Colo., Commercial Observer…
Aptitude Development has secured $26.5 million in financing to acquire 53 acres of land that will be the site of Edwards River Park, a 440-unit residential community split between affordable apartments and for-sale townhouses and condominiums in Vail, Colo., Commercial Observer…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate land loan transaction with no novel structure or systemic implications, affecting a single project and lender-borrower relationship.
Sources
Commercial Observer
Urban Standard Capital Provides $27M Land Loan for 440-Unit Vail, Colo., Complex
Aptitude Development has secured $26.5 million in financing to acquire 53 acres of land that will be the site of Edwards River Park, a 440-unit residential community split between affordable apartments and for-sale townhouses and condominiums in Vail, Colo., Commercial Observer…