LFB (tag LFB ventures) was engaged by the sponsor of Velvaere (www.velvaereparkcity.com) to arrange financing for the recapitalization of their legacy debt, while also providing a revolving debt facility that addresses all of the needs for land development, amenity, and home construction for each diverse product type, including the world-class amenities the project will offer.

Velveare, a $1 billion enclave encompassing 60 acres, is envisioned as one of North America’s most exceptional mountain lifestyle communities. The project is being developed and built by Bonfire Collective, a group of exceptionally talented individuals who are best in class when it comes to resort-based communities and lifestyle developments. The community, which is privately gated within the East Village, offers direct ski-in/ski-out access via onsite Deer Valley lift chair, along with a wellness center featuring performance and recovery modalities, and a family focused adventure center with year-round recreation.

Our team is looking to take on sponsors with larger projects, including full life cycle development from land, through constitution, and any construction takeout or permanent financing needed. With offices in San Diego, New York, and Florida, we have become the premier capital advisory firm in the land and housing industry. Please reach out directly with any questions or projects you may need our assistance with.