DENVER — JLL Capital Markets has arranged a $75 million loan through a national life insurance company for Trammel Crow and Cigna. The joint-venture partnership will use the funds to pay off the original construction loan for One Seven at Belleview Station in Denver. The 250-unit, mixed-use property includes 7,062 square feet of retail. It opened in 2023 and is currently 69 percent leased.
One Seven Belleview Station has a roof-top pool, remote work center, clubroom, wellness center, bike storage, pet spa and a theater room. Units are offered as studios and as one-, two, or three-bedroom floor plans. Monthly rental rates for studios start at $1,780 and $5,675 for a three-bedroom unit, according to the property website.
JLL Capital Market’s debt advisory team representing the borrower was led by Senior Managing Director Leon McBroom and Managing Director Mark Erland.