Colliers Secures $71M Permanent Loan for Luxury Bozeman Apartment Community
The Los Angeles-based Colliers Mortgage Structured Finance Group, led by Jonathan Lee and Shahin Yazdi, has successfully arranged a $71,422,000 permanent Fannie Mae loan for The Oxbow, a premier 268-unit luxury apartment development located in Bozeman, Montana.
This new financing package replaces the project’s existing construction loan and delivers significant cash-out proceeds, which will be used to fund equity for the upcoming Phase II development.
The loan features a fixed interest rate of 5.34% and includes a full-term interest-only period, benefiting investors through enhanced cash flow. In response to recent market volatility, the borrower opted to rate lock early in order to secure competitive terms and minimize exposure to interest rate risk.
“This transaction is a great example of how our team structures financing solutions that are both creative and highly functional for our clients,” said Jonathan Lee. “We’re proud to have delivered an execution that allowed the borrower to both refinance their Phase I development and launch Phase II without delay.”
The Oxbow stands as a hallmark of modern luxury in one of Montana’s fastest-growing markets, and the successful financing arrangement underscores Colliers’ continued leadership in structuring scalable and strategic real estate capital solutions.
