Colorado Federal Savings Bank recently funded a $2M spec construction loan in Echo Park. Originally acquired in 2012, the land has since been subdivided into six single-family lots, and the bank’s loan provides construction financing for Marc Homes to complete a sizable new loft project. When finished, the new development will consist of six buildings, each four stories tall with units starting at 1,600 SF. Colorado Federal Savings Bank is a federally chartered savings association formed in 1990, with $1.5B in total assets. In addition to consumer banking, it provides construction and development financing to homebuilders nationwide. Colorado Federal Savings Bank is an Equal Housing Lender and Member FDIC. This solicitation is intended and directed to commercial customers only. It is not directed to or intended to be distributed to consumers. For more information on our Bisnow partner, click here.
Bisnow Content Partner:
Colorado Federal Savings Bank
Colorado Federal Savings Bank
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Colorado Federal Savings Bank, headquartered in Greenwood Village, Colorado, is a federally insured bank serving communities across Colorado and the United States. Originally chartered in 1990 as a savings institution, but acquired by new ownership in 2008, today Colorado Federal operates as a non-branch direct banking platform. In addition to offering traditional consumer banking savings products, we provide unique real estate lending solutions to a variety of commercial clients nationwide. Colorado Federal Savings Bank is an Equal Housing Lender. To help us achieve our goal of becoming a leading real estate oriented financial institution, we have built a close affiliation with Provident Funding Associates L.P. one of the largest and most highly respected non-bank mortgage originators and servicers in the nation. By leveraging Provident Funding's expertise and 20+ year track record of success we have created a banking institution capable of serving the varied needs of real estate borrowers, investors and developers.We are entrepreneurial, proactive and growth oriented and we look to serve customers of a similar mindset.For more information about the Bank and its products and services, please visit www.coloradofederalbank.com.
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