Telluride Land Development | Telluride, CO
Fund I invested in this property in the form of a junior participation in a $27.2 million first mortgage acquisition and pre-development loan on the fee-simple interest of 5.3 acres of land located in Mountain Village, Telluride, Colorado. Highly familiar with the Telluride market, Brickman was able to assess the market, approval and construction risks as an owner-operator. The loan has since been repaid.
Property Details
- Property Type
- Condominium
- Investment Type
- Mezzanine
- Acquisition Date
- Dec-03
- Realization Date
- Sep-07