EBSC Lending Closes $33M Bridge Loan for Build-to-Rent Community in Denver Suburb.
- Martin ALex
- May 20
- 2 min read
EBSC Lending, the financing division of Elite Business Service, has finalized a $33 million bridge loan for a 170-unit build-to-rent community in Glendale, Colorado, a suburb of Denver. The new funding replaces a $19 million construction loan secured from another lender in 2022.
Structured as a non-recourse, interest-only loan, the financing features a two-year term with two optional six-month extensions and was completed in just 45 days. “The borrower is a seasoned commercial real estate investor known for consistently enhancing property value. We were pleased to provide highly competitive terms for this returning client,” said Martin Alex, Chief Executive Officer at EBSC Lending.
Completed in 2024, the property includes two-, three-, and four-bedroom homes ranging from 1,275 to 1,651 square feet. Units offer modern conveniences such as in-unit washers and dryers, ceiling fans, and semi-private backyards in select layouts. Community amenities are extensive, featuring a resort-style pool, fitness center, pickleball court, gaming room, cyber café, athletic and media center, children’s playground, billiards room, and an outdoor lounge with entertainment space. The property enjoys a prime location with direct access to Denver’s Cherry Creek neighborhood. It is also conveniently located near Colorado Boulevard, offering connectivity to major retail hubs, the central business district, surrounding suburbs, and Interstate 25.
EBSC Lending is a real estate lending business that provides customized financing solutions for a wide range of property types across primary and secondary U.S. and Canadian metropolitan markets. With a history of navigating diverse market cycles, EBSC Lending has invested over $2 billion in balance sheet capital since its inception. The firm specializes in a broad array of financing options, including Bridge Loans, Construction Loans, Cannabis Financing, Commercial Bridge Loans, C-Pace, Fix & Flip Loans, Hard Money, Lines of Credit, Mezzanine Financing, Multifamily Bridge Loans, Rental Loans, and Self-Storage Facilities. EBSC Lending’s fully dedicated teams in origination, underwriting, closing, and servicing ensure efficient and timely execution to meet client needs.
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