Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Phoenix & Southwest  + Southwest  + Apartments  |  October 13, 2021
Enchanted Springs
Lisa Brown
By: Lisa Brown

Hamilton Zanze Acquires Enchanted Springs with $40M Loan

A $39.99 million Freddie Mac loan was recently secured for Hamilton Zanze to acquire Enchanted Springs, a 200-unit garden-style apartment community in Colorado Springs, CO. Built in 2020, Enchanted Springs is comprised of 10 three-story apartment buildings on 9.4 acres in a walkable neighborhood near shopping, dining and entertainment.

The pet-friendly property offers a choice of one-, two-, and three-bedroom floorplans, and features a pool with hot tub, sundeck and cabanas. Other amenities include grilling areas, a fitness center and clubhouse lounge.

The loan is structured with a 10-year term. An initial five-year interest-only period is followed by a 30-year amortization schedule.

Paul Angle and Nicholas Lynn of KeyBank Real Estate Capital structured the financing.

Connect

Inside The Story

Paul Angle

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
Order Reprints
  • ◦Sale/Acquisition