Griffis Residential Secured $86 Million for Denver Property
The firm obtained a five-year senior agency loan for a 400-unit apartment community in Denver.
Updated on Sept. 30, 2026 in Commercial
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Griffis Residential has secured $86 million in financing for its multifamily community located at 2905 Inca St. near Denver's Union Station. The capital for the 400-unit property was provided through a five-year senior agency loan facilitated by JLL.
Why it matters
Securing this financing allows Griffis Residential to stabilize the debt on a key asset acquired in 2017. The move highlights the continued activity in the local multifamily sector as firms manage debt cycles on major urban developments.
The property sits on a 4.95-acre lot and includes 506 parking spaces. The building, completed in 2010, houses 400 residential units.
The players
Griffis Residential
This is a private real estate investment firm that focuses on the acquisition and management of multifamily housing properties.
JLL
This is a global professional services firm that specializes in real estate and investment management services for commercial clients.
Eric Tupler
He serves as a Senior Managing Director at JLL where he leads teams focused on capital markets and debt advisory.
The details
JLL Senior Managing Director Eric Tupler led the capital markets debt advisory team that represented the borrower. The firm secured the loan to support the property, which the company originally purchased for $126 million.
Timeline
The community was completed in 2010.
Griffis Residential acquired the property in 2017.
The firm secured the financing in September 2026.
Roadmap
This transaction reflects broader debt management strategies currently utilized by institutional investors to navigate the five-year renewal cycle for multifamily assets. It highlights how firms are leveraging established urban properties to secure liquidity in a competitive Denver market.
The refinancing agreement ensures the long-term management of this 400-unit property near Union Station remains under current ownership. Residents should not experience changes to their leasing terms or building management services as a result of this financial transaction.
The takeaway
Large real estate firms often utilize five-year loan cycles to adjust capital structures on residential properties in urban cores. Investors and local residents should watch for similar refinancing activity as ownership groups look to manage assets acquired during previous high-growth periods.
Further reading
For more news on large-scale property financing, visit our Denver Commercial section.
Source note: This article includes information reported by 301 Moved Permanently.
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