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$83M Construction Financing Arranged for Lakefront Denver Condos
HFF arranged $83 million in financing for the development of Lakehouse on 17th, a 196-unit, for-sale condominium project in Denver’s Sloan’s Lake neighborhood. The project is being developed by Denver-based NAVA Real Estate Development.
The project is located at 4202 W. 17th Ave., on the south side of the 177-acre Sloan’s Lake Park. The 12-story project is planned for multi-level townhomes, along with 6,000 square feet of retail. Lakehouse on 17th will be the only waterfront high-rise in the Denver metropolitan area and will provide views of the city’s largest lake, downtown and the Rocky Mountains.
The property’s high-end finishes and amenities include a second-floor landscaped amenity deck with community gardens, an urban farm, pool, hot tub, lounging areas and fire pit.
HFF’s Brock Yaffe, Josh Simon and Bryan Clark worked exclusively on behalf of the developer to place the floating-rate construction loan with a national bank.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development

