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PlattPointe Capital Closes $12MM Refinancing Loan for Club Greenwood

November 17, 2021, 07:00 AM
Filed Under: Real Estate

PlattPointe Capital arranged the refinancing of a $12,000,000.00 loan for Club Greenwood (formerly Greenwood Athletic Club). The expansive 153,000 square foot, 33-year-old athletic and tennis club is Denver’s preeminent full-service health club offering indoor cycling, swimming, tennis, Pilates, Thermal Yoga, basketball, weight training and many other activities, and recognized as one of “America’s Best Gyms” by Fitness Magazine.

The mechanics of the loan were fairly complex to navigate and negotiate due to the metropolitan district that was set up when the club was built in July 1987.

PlattPointe Capital LLC is a boutique commercial real estate capital advisory firm that helps developers and investors navigate the ever-changing capital markets by arranging numerous debt and equity options for a client’s project. Our vision is to engineer the most efficient capital stack based on the constraints of a given project and sponsor’s needs.

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