PARSE CAPITAL CLOSES A $11.2 MILLION PREFERRED EQUITY INVESTMENT IN GREELEY, COLORADO MULTIFAMILY DEVELOPMENT

December 13, 2019 – Parse Capital (“Parse”) has made a $11.2 million preferred equity investment in the development of Greeley City Center West (“Project”), a luxury apartment project in Greeley, Colorado.

Once complete, the project will consist of 264 market-rate rental units in a three-story garden style multifamily housing community.