Trailbreak Partners is preparing to break ground on Kaia Residences, a new 18-story rental community located at 808 N. Lincoln Street in Denver’s Golden Triangle neighborhood. The $160 million development will include 295 apartment units, 19 of which are designated as affordable housing. Unit options will range from studio to three-bedroom residences.
In addition to residential offerings, Kaia Residences will feature street-level retail and a suite of wellness-oriented amenities. These include a Nordic cold plunge, sauna, massage therapy, and acupuncture services, catering to residents seeking a health-conscious living experience.
Affinius Capital has provided a $111.5 million loan to finance the ground-up construction of the project. According to Trailbreak Partners, Kaia Residences will be the first multifamily development in the Golden Triangle neighborhood to secure financing and begin construction in the past 14 to 15 months.
Trailbreak Partners focuses its investments across the Rocky Mountain West and Sunbelt regions, specializing in real estate projects valued between $20 million and $150 million.
Affinius Capital, with a 40-year history and $64 billion in gross assets under management, maintains a diversified portfolio spanning both North America and Europe.
