Trailbreak Partners Obtains Financing for 295-Unit Denver Rental Community

Trailbreak Partners obtained construction financing for a $160 million multifamily project in Denver. Affinius Capital originated a $111.5 million loan to Trailbreak Partners to finance the ground-up development of Kaia Residences, a multifamily development located at 808 N. Lincoln St. in Denver. Trailbreak also secured a $50 million equity raise. The project’s name, Kaia, is derived from Nordic origins, signifying “pure” and “life.” 

Situated in the heart of the Golden Triangle neighborhood, the 18-story Kaia Residences will offer 295 residential units ranging from studio to three-bedroom apartments, along with street-level retail. Amenities include a fitness center, an infinity pool, a spa featuring traditional Nordic cold plunge and sauna treatments and services such as massage and acupuncture. The property will also offer 290 parking spaces. 

Trailbreak has developed a mix of properties, including apartments, hotels and retail.