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Trailbreak, Quannah JV secure $27m in senior financing for Denver mid-rise multi-housing complex
Transactions - DECEMBER 9, 2024

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Trailbreak, Quannah JV secure $27m in senior financing for Denver mid-rise multi-housing complex

by Denise Moose

A joint-venture between Trailbreak Partners and Quannah Partners has secured $27.5 million financing for Kabin Apartments, 194-unit modern multifamily community in Denver’s vibrant River North Art District.

JLL represented the borrower in arranging a fixed-rate loan.

Kabin Apartments is strategically located at 2095 31st St., nestled on the southern end of the 28-acre TAXI campus, a mature mixed-use redevelopment filled with creative businesses, amenities and access to bike paths and the Platte River. Kabin's location provides access to downtown Denver and major transportation routes, including Interstate 25 and I-70, as well as being within walking distance of the 38th & Blake RTD Light Rail Station.

Kabin Apartments, a modern four-story multifamily complex built in 2020, offers a mix of one- and two-bedroom units, each featuring mountain or city views, concrete floors and operable glass garage doors. Residents enjoy 10-foot ceilings and cedar wood finish

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