The 24-year old 220-unit garden style multifamily is being renovated and recapitalized. PCCP LLC was the lender. The property ownership plans to use the money to revamp the units, upgrade common area amenities and make over the exterior.

Built in 1998, the property is comprised of 11 two and three-story buildings on 11 acres. The units average 912 square feet in size and come in four options of bedroom and bathroom mixes.

The project is 20 minutes south of the Denver Tech Center and not far from Denver’s leading retail region. PCCP, an LA-based firm, has raised, invested or managed over $31.5 billion of institutional capital.