HFF arranges $118.5M loan for The Forum Fitzsimons

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The Forum Fitzsimons, a mixed-use residential and retail property in Aurora, is located at 13650 E. Colfax Ave., adjacent to the 578-acre Anschutz Medical Campus and Fitzsimons Life Science District, and across from the RTD Colfax light-rail station. Photo by GoFlight5280.com.

Holliday Fenoglio Fowler LP arranged $118.5 million in financing for The Forum Fitzsimons.

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The HFF team representing the borrower included Chris McColpin, senior director, and Josh Simon, managing director. The team worked on behalf of a joint venture between Catalina Development Co., The Pollin Group and Sightway Capital to secure the five-year, floating rate loan through a specialty finance company.

Loan proceeds were used to replace the existing construction financing, which HFF arranged on behalf of the development team in 2015.

The Forum Fitzsimons, a mixed-use residential and retail property in Aurora, is located at 13650 E. Colfax Ave., adjacent to the 578-acre Anschutz Medical Campus and Fitzsimons Life Science District, and across from the RTD Colfax light-rail station.

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The four-story, wrap-style property includes 397 luxury apartments, 28,640 square feet of ground-floor retail space and more than 15,000 sf of upscale amenities, including two resort style pools and spas with outdoor fireplaces and grills; clubrooms with a theater and game room; a state-of-the-art fitness facility with specialized yoga and cycling rooms; an internet café and business center; a dog washing facility and two bark parks; a bike shop; storage facilities; and a six-story, gated parking structure

Featured in CREJ’s August 15-September 2, 2018, issue

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