The Garrett Companies to Develop Two Multifamily Communities in Metro Denver; first to deliver is 163-unit, Garrett Powers Place in Colorado Springs

5/21/2025

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REBusinessOnline

• Subcategory: MF: Market Rate

• Tag: New Construction

• Additional Filters-Subcategory: MF: Garden

• Company: The Garrett Companies

The Garrett Companies is developing two apartment communities in Longmont and Colorado Springs. The combined development value of the two properties is $145 million. Wintrust provided a construction loan for the Longmont property, while National Bank of Indianapolis provided a construction loan for the Colorado Springs asset.