Lever Capital Partners secured a $12MM loan for the development of a 17,250 SF family estate located in the most exclusive area of Aspen, CO. The client was in the middle of construction for 3 years prior to our involvement which created challenges regarding broken priority. Finding an appropriate lender was an additional challenge for the client as they weren’t local to the project and didn’t have relationships with lenders that fund luxury home development. We were able to leverage our relationships with lenders in Colorado to quickly identify and secure financing from a group who finances projects like Mopani Estate. Lever was able to secure a 5.5% loan, which allowed for the completion of the asset and enough money to get it out to the market for a sale to a buyer.