This article originally appeared in Business Wire on February 15, 2023.

Northlight Capital Partners, a middle-market real estate credit specialist and fund manager, has originated a $72 million loan to fund the acquisition and horizontal development of 696 acres in Aurora, Colorado. The loan is provided to a leading residential land development company based in Denver, Colorado. Located east of E470 in Aurora, the development property is a 696-acre site zoned for approximately 2,500 residential units and 22 acres of commercial development. The developer anticipates a broad mix of single family, multifamily and commercial development land for sale to national and regional builders.

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