JLL Capital Markets facilitates lending for multi-family property in Colorado
News release
10 February 2025
$18.698M financing arranged for Red Table Apartments in Vail Valley
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DENVER, Feb. 10, 2025 – JLL Capital Markets announced today that it has secured a $18.698 million financing for Red Table Apartments, a 77-unit multifamily property located in Gypsum, Colorado.
JLL worked on behalf of 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.
Located at 765 Red Table Dr., Red Table Apartments offers convenient access to SR-6 and I-70. The community is located in the heart of the town, just near the Eagle County Regional Airport. The small town offers residents close proximity to various shopping opportunities, as well as hiking and golfing activities.
Gypsum, located in Colorado's Vail Valley, offers residents easy access to world-class skiing and outdoor recreation, while maintaining a more affordable cost of living compared to neighboring resort towns.
Red Table Apartments, built in 2009 and expanded in 2018, offers residents a mix of studio, one- and two-bedroom units across a three-story building. The complex spans 3.56 acres and features 64,692 rentable square feet. The community boasts modern amenities including hard surface LVP flooring, stainless steel appliances and butcher block countertops in all units. Community features include a commercial laundry facility, basketball court, community grills, picnic patio area and 45 attached and detached garages.
JLL Capital Market’s Debt Advisory team representing the borrower was led by Senior Managing Director Tony Nargi.
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.