JLL Arranges $14.7M Refinancing for Tennyson Place Apartment Community in Denver
DENVER — JLL has secured a $14.7 million loan for the refinancing of Tennyson Place, an apartment community in Northwest Denver’s Berkeley neighborhood. The borrower is Allante Properties and Investments.
Brock Yaffe and Josh Simon of JLL Capital Markets arranged the fixed-rate, balance-sheet loan for the borrower. Proceeds were used to refinance an existing loan.
Located at 3885 N. Tennyson St., the property features 81 apartments in a mix of studio and one-bedroom units ranging from 365 square feet to 769 square feet. Community amenities include an indoor/outdoor community room, business center, 24-hour fitness center, sky deck, pet spa and garage parking. The property was built in 2017.