Belen Vista

Overview

Size $8.2 Million
Construction Loan

Summary

Key Community Development Lending & Investment provided $8.2 million in financing for the rehabilitation of Belen Vista, an existing 56-unit affordable housing building in Belen, New Mexico. All 56 units serve families and individuals earning no more than 30 - 60% of area median income. Supportive services are offered to residents and include health and nutrition education, health screening, computer training, job training, and a summer food program. The financing includes a construction loan. We want to thank the Chelsea Investment Corporation for their commitment to preserving much needed affordable housing in New Mexico.

KBREC page disclosure

Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.

Recent Deals

March 2025

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$1 Billion

Convertible Senior Notes due 2030

Co-Manager

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March 2025

sandbrook capital

acquired

intellirent

Senior Secured Credit Facilities

Sole Lead Arranger
Administrative Agent

intellirent
March 2025

imagefirst

a portfolio company of

caleracapital

$625 Million

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner

imagefirst
March 2025

terra vet

has received an entity-level preferred equity investment from

sculptor

Sole Placement Agent

terravet-reit-inc

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