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Mesa West Capital has provided an affiliate of Crow Holdings Capital with $52 million in short-term, floating-rate first mortgage debt to refinance Canyon Reserve at the Ranch, a 256-unit garden-style multifamily community located in the Denver suburb of Westminster, Colorado.

Built in 1984, the 17-building community was fully repositioned by the Sponsor in 2022. The property features a mix of one- and two-bedroom apartment homes with modern finishes including stainless steel appliances, in-unit washer/dryers, walk-in closets, and private outdoor spaces. Community amenities include a resort-style swimming pool, an outdoor grilling area, a fitness center and a dog park.