PARSE CAPITAL INVESTS $17.3 MILLION OF MEZZANINE DEBT IN RENO, NEVADA MULTIFAMILY DEVELOPMENT

SEPTEMBER 2020 – Parse Capital (“Parse”) has made a $17.3 million mezzanine debt investment in Integra Peaks at Damonte Ranch (“Project”), a luxury apartment project in Reno, Nevada. Once complete, the project will consist of 300 market-rate apartment homes in a three-story garden style multifamily housing community.