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Inland Mortgage Capital Originates $18.3M Bridge Loan for Multifamily Property in Colorado

Summary by REBusinessOnline

EVANS, COLO. — Inland Mortgage Capital has originated and closed an $18.3 million nonrecourse bridge loan for a multifamily community in Evans. Located two miles from the University of Northern Colorado, the 192-unit property primarily serves as a student housing community. At the time of financing, the community was 86 percent leased. The undisclosed borrower plans to use the capital for interior and exterior renovations, including upgraded flo…

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REBusinessOnline

Inland Mortgage Capital Originates $18.3M Bridge Loan for Multifamily Property in Colorado

EVANS, COLO. — Inland Mortgage Capital has originated and closed an $18.3 million nonrecourse bridge loan for a multifamily community in Evans. Located two miles from the University of Northern Colorado, the 192-unit property primarily serves as a student housing community. At the time of financing, the community was 86 percent leased. The undisclosed borrower plans to use the capital for interior and exterior renovations, including upgraded flo…

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REBusinessOnline broke the news in 3 days ago on Friday, February 21, 2025.

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