JLL Capital Markets arranges financing for the community in Vail Valley
News release
10 February 2025
House Apartments: $7.517M loan secured for multi-family community in Colorado
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DENVER, Feb. 10, 2025 – JLL Capital Markets announced today that it has arranged a $7.517 million financing for House Apartments, a 54-unit multifamily property in Eagle, Colorado.
JLL represented the borrower, Brikwell, to secure the 10-year, fixed-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo Lender.
Situated in the heart of Vail Valley at 85 Pond Rd., The House Apartments offers residents an ideal location with easy access to I-70. This prime setting provides convenient proximity to diverse shopping options while positioning residents to take full advantage of the area's renowned recreational activities, including world-class golfing and hiking trails. Additionally, the property's location in Eagle, Colorado, allows residents to tap into the region's growing job market, combining professional opportunities with the area's exceptional quality of life.
The House Apartments, built in 1998, is a three-story building situated on 4.82 acres. The property offers a total of 27,838 rentable square feet and features community amenities including an on-site exercise facility, community kitchen, elevator, and dedicated work-from home-spaces.
JLL Capital Market’s Debt Advisory team representing the borrower was led by Senior Managing Director Tony Nargi.
"This financing represents a solid investment in the Vail Valley multifamily market," said Nargi. "The House Apartments offers quality housing options in a desirable location, reflecting the continued demand for multifamily properties in Colorado's mountain communities."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Brikwell
Brikwell is a values-driven organization committed to creating stakeholder value by thoughtfully buying, building and operating resident and community-focused real estate. With over 50 years of collective experience, Brikwell’s principals have developed expertise across various capitalization structures and product types, including market-rate and affordable apartments, hotels, student housing and build-for-rent communities. Founded in 2022, Brikwell currently owns seven apartment communities across three states.