Colliers Mortgage Provides $ 15.9 Million HUD Loan for an Apartment Building in Grand Junction, Colorado



Village-Cooperative-Grand Junction-CO

Located in Grand Junction, Colorado, the Village Cooperative of Grand Junction will consist of 62 residences intended only for residents aged 62 and over.

GRAND JUNCTION, COLO. – Colliers Mortgage, part of Colliers International | The US has closed a $ 15.9 million HUD 213 loan for the new construction of the Village Cooperative of Grand Junction, an age-restricted cooperative project in Grand Junction.

The 62-unit properties will be age limited for residents with household heads aged 62 and over. The community will include public decks, outdoor campfire pits, indoor bar areas and a fitness center.

A 40-year fully repayable loan was provided to the borrower, Village Cooperative of Grand Junction.


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