PlattPointe Capital Arranges $4.3 Million Construction Loan for 13-Unit Build-to-Rent Project in Denver

by Channing Hamilton

DENVER — PlattPointe Capital has arranged a $4.3 million construction loan through a private debt fund to facilitate the development of a 13-unit build-to-rent community in the Sloan’s Lake submarket of Denver. The community will offer townhome-style units in two-bedroom layouts. Units will average 930 square feet in size. According to PlattPointe Capital, the project has taken approximately three years to become fully entitled and receive its permit-ready status. The developer was not disclosed.

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