The Granary in Fort Collins secures construction financing

FORT COLLINS — A 264-unit multifamily apartment complex in south Fort Collins has secured permanent construction financing.

Berkadia Proprietary Holdings LLC, which is a joint venture of Berkshire Hathaway and Jefferies Financial Group, arranged the construction financing for The Granary, a garden-style multifamily property at 4919-5001 S. College Ave., near the city transit center, the MAX bus line and the Ken Garff Ford dealership.

Jennifer Quigley, managing director of Berkadia’s Denver office, secured the $55.9 million on behalf of the borrower, Fairway Apartments LLC. Fairway is a Fort Collins company with registered agent Ryan Will.

The deal closed April 20. 

The 40-year construction loan,…