Early Childhood Ed Centers Get Acquisition Funding
Financing of $5.1 million was recently obtained for the acquisition of two Endeavor early childhood education centers, The Academy ECE of Westminster and The Academy ECE of Arvada in the Denver metro. Financing was arranged by Camilo Niño, Ricardo Uribe and Alen Hernandez of LV Lending on behalf of the borrower, Freeport Equity.
The Academy ECE of Westminster is located at 6412 Fig St. in Westminster. Situated on 1.31 acres, the 13,118-square-foot school was built in 2001. Freeport Equity acquired the property from The Academy Center Properties LLC for approximately $3.87 million.
Originally constructed in 2009 and situated on 1.48 acres, The Academy ECE of Arvada is located at 6412 Fig St. in Arvada. The property features a 15,851-square-foot school with nine classrooms. Freeport Equity acquired the property from The Academy CTR Properties of Arvada LLC for approximately $4.68 million.