Parse Capital Makes $12.0 Million Preferred Equity Investment in Denver, Colorado Multifamily Development

April 2016 – Parse Capital (“Parse”) has made a $12.0 million preferred equity investment in the development of Solana Lucent Station (“Project”), a luxury apartment project in the Highlands Ranch sub market, just outside of the Denver metro. Once developed, the project will consist of 285 market-rate apartment homes in a three-story garden style multifamily housing community.