A high-end active adult community located in an affluent Denver, Colorado suburb successfully refinanced with the help of Leon McBroom of HFF. Working through Freddie Mac’s CME Program, Mr. McBroom secured $21.4 million in 10-year fixed-rate financing, which will be serviced by HFF.
The property was developed in 2014 by McBroom Company and managed by The Avenues Company. It features 70 units and 20 cottages (combining for 98% occupancy), along with a host of luxury amenities like an outdoor kitchen, fitness center with a yoga space and a billiard lounge.
