Apartments – Denver Metro

Apartments – Denver Metro

Kevin Chadwick and Marsha Blair of Terrix Financial Corporation arranged financing in the amount of $6,525,000 for an apartment complex in Aurora, Colorado.  The financing for this complex was structured around a 7 year loan term on a 30 year amortization with 4 years of interest only.  The funds were used to purchase the property, then make changes to management company and update the units to increase rent.  There are 9 buildings on the property with 100 total units with air conditioning, balconies, full kitchens and baths, and parking for each unit.