Paragon Mortgage Provides $53.4 Million New Construction Loan for Multifamily Property in Colorado Springs, CO
Paragon Mortgage recently provided a $53.4 million new construction HUD 221(d)(4) loan for a 236-unit multifamily project in Colorado Springs, CO - in an entertainment district anchored by the Broadmoor World Arena - a vibrant multifamily real estate market.
- Paragon Mortgage recently provided a $53.4 million new construction HUD 221(d)(4) loan for a 236-unit multifamily project in Colorado Springs, CO - in an entertainment district anchored by the Broadmoor World Arena - a vibrant multifamily real estate market.
- View the full release here: https://www.businesswire.com/news/home/20210727005351/en/
Paragon Mortgage Arranges $53.4M HUD 221(d)(4) New Construction Loan for Eldorado Springs Apartments in Colorado Springs, CO (Graphic: Business Wire)
This HUD-insured financing provides for a combined construction and permanent loan for Market Rate multifamily projects. - Paragon Mortgage Corporation is an FHA, HUD MAP and LEAN approved mortgage lender solely focused on HUD-insured financing for over 34 years.
- Paragon Mortgage specializes in FHA Insurance loans for a variety of project types Refinancing and Acquisition financing for market rate, affordable Multi-Family and Healthcare.