Vista Residential Partners (VRP) has closed a construction loan to build a 172-unit multifamily project in Littleton. Highline Vista will rise four stories at 16 W. Dry Creek Circle.
The Denver Business Journal reports Vista received a $40.4 million loan from Nationwide Mutual Insurance Co. to help finance the project. The company purchased two parcels of land for the development in separate transactions that totaled $3.905 million.
From 2000-2020, VRP developed/acquired over 10,000 units across the Southeastern US. During 2020-2022, VRP commenced its national expansion across the US. Vista isheadquartered in Atlanta but maintains nine regional offices across the US. Vista currently has a development pipeline of over 5,000 units ($2 billion in assets in pre-development) across a geographically diverse portfolio of Class A Multifamily properties in high-growth employment areas across the United States.
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