Dwight Capital Facilitates $38.4M Refinancing for Colorado Springs Apartments

Dwight Capital Facilitates $38.4M Refinancing for Colorado Springs Apartments

Dwight Capital has successfully closed a $38.4 million HUD 223(f) refinance for Volta at Voyager, an apartment community in Colorado Springs, CO with breathtaking mountain views. The transaction was facilitated by Brandon Baksh and Brian Yee on behalf of Dwight’s client, Mountain View Capital LLC.

Thanks to the Green Mortgage Insurance Premium (MIP) Reduction to 25 basis points, this refinance offers improved financial terms for the property. Volta at Voyager consists of ten three-story buildings housing one-, two-, and three-bedroom units. Residents have access to top-notch amenities such as a fitness center, Amazon lockers, dog spa and park, swimming pool and spa area,and clubhouse. Additionally,the location provides easy access to Interstate 25.

With over $12 billion in its loan servicing portfolio,Dwight Capital is well-equippedto offer various commercial lending options including balance-sheet bridge loans,new construction loans,FHA/HUD-insured loans,C-PACE Financing ,mezzanine financing,and preferred equity solutions.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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