AVON, COLO. — JLL Capital Markets has arranged $73 million in construction financing for Traer Creek Apartments, a 242-unit development situated at 5471 East Beaver Creek Blvd. in Avon, about 1.5 miles from Beaver Creek Resort and 8.3 miles from Vail Ski Resort in Vail, Colorado. The borrower was a joint venture between Prime West and Columnar Investments.
Leon McBroom and Will Haass led the JLL Capital Markets debt advisory team that represented the borrower.
Once completed in 2026, Traer Creek Apartments will consist of three buildings that each rise four stories. The complex will feature studio, one-, two- and three-bedroom apartments. Planned amenities include a fitness center, outdoor spa, green spaces and approximately 9,200 square feet of communal facilities.