Civitas Closes $38.4 Million Senior Loan for Class A Multifamily Development in Downtown Silverthorne, Colorado
November 26, 2025
Civitas Capital Group announced the closing of a $38.4 million senior loan to finance the construction of Fourth Street North Apartments in downtown Silverthorne, Colorado.
The development qualifies as a Rural Targeted Employment Area under the EB‑5 program, enabling investors to invest at the reduced threshold and potentially benefit from faster immigration processing.
The project addresses a critical housing shortage in Summit County, which is projected to require approximately 2,500 new housing units over the next five years.
The development will include 72 market‑rate residential units across four buildings and more than 10,000 square feet of ground‑floor retail space. Construction is expected to begin immediately, with delivery planned for 2027.
