HFF arranges $118.5M loan for The Forum Fitzsimons

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.

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.

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

Jennifer Hayes has been an editor with the CREJ since 2000. Jennifer covers multifamily and retail news in the Denver metro area plus all property types in Colorado Springs and Southern Colorado. She also covers the finance market as well as solicits bylines articles and is editor of the Health Care Properties Quarterly. Before joining…