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Sign in Sign up for a FREE subscriptionKairoi Residential secures JV equity and debt financing for class A multi-housing development in Denver MSA
Kairoi Residential announced that it has secured a 55 percent loan-to-cost construction loan for Kairoi Metro Center, a 419-unit multi-housing community located within the Denver MSA in Aurora, Colo.
JLL represented the borrower, Kairoi Residential, to secure the six-year, floating-rate loan through a two-bank syndication that JLL arranged. JLL also advised on the joint venture equity placement.
Upon completion in early 2026, Kairoi Metro Center will feature one-, two- and three-bedroom units with an average size of 831 square feet. The project will have two small urban parks as part of the site plan, and it is adjacent to a 1.4-acre city park.
The project is located within an opportunity zone and strategically sits near some of the Denver metro's highest quality jobs, including Fitzsimons Medical Campus, Aurora Municipal Center, Buckley Air Force Base and Kaiser Permanente Aurora Hospital. The transit-oriented development will provide tenants direct access via