ACRE, formerly known as Asia Capital Real Estate, has provided $43.5 million of financing to fund Peak Capital Partners’ $62.5 million, or $416,667/unit, purchase of the 150-unit Connect at First Creek in Denver. The loan, arranged by KeyBank Real Estate Capital, has a three-year term and could be extended for up to two additional one-year […]

The post ACRE Lends $43.5Mln to Facilitate Purchase of Denver Apartments appeared first on Commercial Real Estate Direct.