Mixed-use
Transwestern Provides Capital Markets Advisory Services for Solaris Residences
July 15, 2008

Transwestern's Structured Finance Group has provided capital markets advisory services for a $325 million capital structure for the construction of Solaris Residences. The structure consists of a first mortgage construction loan, a mezzanine loan, public financing and a large equity component. Solaris is a mixed-use development in what will become the new center of Vail Village, in the town of Vail, Colo. The project will consist of 77 residences situated above 70,000 square feet of commercial space and a large public plaza. Solaris will also contain approximately 300 underground parking spaces and house Vail Village's only movie theater, bowling alley and ice skating rink.
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