FEATURED PROJECT
Eversage Apartments
Unprecedented deal terms on a high-quality asset
Eversage, a newly constructed, 168-unit complex is located within the fastest-growing region of the Greater Salt Lake Area, the Provo MSA. The project was completed in 2019 and provides best-in-class amenities and finishes while being the low-price leader in rent, proving exceptional value to tenants and making its upside highly attractive.
Often touted, “The Next Denver,” the Greater Salt Lake City area is continually ranked one of the top markets for economic, population and employment growth.
Unique Risk/Return Profile
The unprecedented deal terms on this project included a 10-Year Fixed Rate Freddie Mac loan at a 2.76% interest rate. Brinkman was able to model conservative projections accounting for the market environment to realize the value of this investment and generate a unique risk/return profile for investors.
RELATED PROJECTS
Reliable outperformance
We provide strategic insight and access to exceptional investment opportunities in growth markets throughout the Intermountain West.