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The Summit secures a $104 million senior construction loan from Civitas to support its development in Avon, Colorado. This funding is a crucial step towards the project's progress.

PRIVATESep 01, 2026•6 days ago

Amount Raised

$104 Million

Round Type

Debt Financing

ColoradoReal EstateReal Estate Investment

Investors

Civitas Capital Group

Description

Civitas Capital Group announced securing a $104 million senior construction loan for The Summit, a new multifamily community in Avon, Colorado. This funding represents a critical milestone for the project, helping facilitate its development. The community consists of 164 luxury units in a rural Targeted Employment Area, allowing EB-5 investors to participate at a reduced investment level. The development is led by Grand Peaks Development, a significant player in the real estate sector.

Company Information

Company

The Summit

Location

Colorado, United States

About

Civitas Capital Group is a real estate investment firm specializing in EB-5 projects and multifamily developments. They have a significant presence in rural development projects, with a unique focus on facilitating investment opportunities for EB-5 investors. The firm manages a variety of assets across high-growth markets in the United States. Civitas has a track record of creating EB-5 investment opportunities that support local communities.

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