US Capital Global Advises on $45MM Debt and Mezzanine Financing for Real Estate Development Project in Salt Lake City, Utah
Global private financial group headquartered in San Francisco provides strategic financial advisory services for upscale 117-unit multifamily townhome development project.
SAN FRANCISCO, January 2024 – US Capital Global is pleased to announce that it has provided customized financial advisory services for $45 million in debt and mezzanine financing for Defy Co.labs, a pioneering real estate development group based in Salt Lake City, UT. The Company engaged US Capital Global to advise Defy Development The Collaborative 547, LLC on construction financing for a 117-unit multifamily rental townhome community in the Salt Lake City metro area.
With global headquartered in San Francisco and principal offices in Philadelphia, Miami, New York, London, and Dubai, US Capital Global is a full-service global private financial group with an established track record in corporate finance, asset management, and capital formation services. All private placements, securities, and other related services are offered by the group’s FINRA-member broker-dealer affiliate, US Capital Global Securities LLC.
“We take great satisfaction in providing strategic guidance to Defy Co.labs on $45 million in debt and mezzanine financing,” said Lisa Terk, Senior Vice President at US Capital Global. “Defy engaged our expert underwriting team to perform diligence on their upscale townhome rental community development in Salt Lake City, Utah. US Capital Global played a strategic financial role, advising on facility structure, market dynamics, scope of appraisal, project timelines, budgeting, and financial projections.”
About Defy Co.labs
Defy Co.labs, based in Salt Lake City, UT, is a real estate development group that employs the latest digital technology to gather data about the real estate market in real time. The group’s expertise includes all areas of project design, construction, planning, sales, economics, and industry research. With a mission to create “communities of opportunity for all,” the group, leveraging its proprietary technology, sources undervalued opportunities. From Wall Street to living rooms, stakeholders include owners, tenants, contractors, and investors, while ESG factors are included in the company’s business model. Defy Technologies, Defy Land, Defy Design, and Defy Development collaborate to maximize value throughout the project lifecycle. To learn more, visit www.defycolabs.com.
About US Capital Global
Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit www.uscapital.com.
To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapglobal.com or call +1 415-889-1010.
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