$10,850,000
Transaction Type
Acquisition
Loan Type
Bridge Loan
Loan Term
3 Years + 2x1 Year Extensions

Highlights
Acquisition of a 228-unit multifamily property in Pueblo, Colorado, well-located near highway connectivity, national retailers, and employment centers.
Older vintage property, with a history of physical and financial distress, that has been underperforming the market and its competitive peers for the last several years.
A10 structured a future CapEx facility to fund the sponsor’s turnaround plan: a complete rebrand, 100% interior unit renovations, deferred maintenance repairs, and the construction of new amenities.