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LAKEWOOD, COLO. – The 257-unit Mountain Vista apartments in Lakewood has received an $18.5-million bridge loan. The funds will be used to facilitate the property’s acquisition and renovation. The community is located at 434-485 S. Wright Street near Green Mountain Open Space, Matthews Winters Park, Dakota Ridge Trail and Red Rocks Amphitheatre.
The asset consists of two neighboring communities, the 137-unit Alpine Mountain Vista and the 120-unit Green Mountain Vista. Financing was provided by Pembrook Capital Management, LLC.