News
July 8, 2026

Concord Summit Capital Arranges $115.5 Million Construction Loan for Collins at Union Park

Construction Owners Editorial Team

Innovative Non-Recourse Financing Supports 457-Unit Luxury Multifamily Development in Fort Collins, Colorado

FORT COLLINS, CO – (July 8, 2026) - Concord Summit Capital ("Concord Summit" or "CSC"), a leading intermediary between sponsors and capital providers for commercial real estate debt and equity financing, arranged a $115.5 million construction loan for Collins at Union Park, a premier 457-unit luxury multifamily community in Fort Collins, Colorado. The debt was structured on a non-recourse basis at an 88% loan-to-cost ratio.

Courtesy: Photo by Concord Summit Capital

Collins at Union Park is a thoughtfully designed residential development featuring upscale apartments and carriage homes. Planned amenities include a clubhouse, pool, golf simulator, playground, parks, trails, and gathering spaces. Ideally situated within walking distance of Front Range Village Shopping Center, the community offers residents convenient access to shopping, dining, entertainment and recreational amenities in one of Northern Colorado's fastest-growing markets.

Site work is underway, and vertical construction is expected to start immediately at the project site located on Un Pk Ave in Fort Collins, CO 80525.

The financing was arranged by Senior Managing Director Daniel J. Eidson, CFA, Director Keegan Burger and Senior Analyst Ben Applebaum on behalf of the project sponsor, Livmark Communities.

"We successfully structured one loan facility to combine two phases into a single development, while negotiating a meaningful rate stepdown upon completion," said Eidson. "This structure effectively transitions into a competitively priced bridge loan, allowing the sponsor to carry the project through lease-up and stabilization without the cost and execution risk of a separate refinancing."

“We are continuing to close construction loans nationwide despite perceived negativity around the future of the multifamily sector and a lack of institutional equity supporting development,’  said Kevin O’Grady, Concord Summit Chairman and Partner. “The team is highly effective and truly best-in-class.”  

Image cutline: Renderings of Collins at Union Park, a premier 457-unit luxury multifamily community planned in Fort Collins, Colorado.

About Concord Summit Capital

Concord Summit Capital is a national commercial real estate capital markets advisory firm that serves as a trusted intermediary between sponsors and providers of debt and equity capital.

With over $38 billion in closed transactions and decades of combined experience, the firm’s team delivers the relationships, discipline, and strategic insight required to consistently execute at a high level in today's difficult market.

Concord Summit partners with entrepreneurial sponsors to structure and execute financing solutions across the capital stack, delivering the precision, creativity, and responsiveness of a boutique platform with institutional-grade execution.

The firm’s team creates financing strategies to serve the client's needs and specializes in navigating complex transactions, structuring flexible debt and equity solutions.

With offices in five key markets - Miami, New York, Dallas–Fort Worth, Denver, and Los Angeles, Concord Summit provides a national reach with localized expertise.

For more information, visit www.ConcordSummit.com.

Source: Concord Summit.

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