LOS ANGELES, Feb. 2, 2016 /PRNewswire/ -- Colorado Federal Savings Bank ("Colorado Federal"), is proud to announce the funding of a speculative loan for the construction of a new luxury residence located at 8365 Sunset View Drive in Los Angeles.
The project, which has come together through a partnership between Brian Wilson and Roman James Design Build, is perched above the legendary Sunset Boulevard and minutes from the Chateau Marmont. The 5 bed, 6.5 bath, 13,000 sq. ft contemporary residence will feature luxury detailed finishes and amenities including a vehicle art gallery with showcase turntable, infinity edge pool, seamless connection of the living spaces to private outdoor terraces on all levels, a roof deck, and an unobstructed view from Downtown to the Pacific Ocean.
Colorado Federal and its affiliates are well-versed in the luxury real estate market, with projects and loans throughout the nation including several in Beverly Hills, Bel Air and the Bird Streets. Recently introducing subdivision loans and renovation loans at 5% per annum, Colorado Federal specializes in speculative construction lending to top tier developers and builders.
"We are thrilled to be working with this All Star caliber team," said Alyssa Schramm, Chief Lending Officer at Colorado Federal.
Roman James is renowned for his designs and attention to detail. As one of the nation's most sought after Designer/Builders, his contemporary homes have captured the attention of billionaires and A-Listers on a global scale, including European buyers Markus Perrson of "Minecraft" fame and Reinout Oerlemans, creator of the TV show "The Biggest Loser".
The project has already broken ground and is expected to be completed in Spring 2018.
About Colorado Federal Savings Bank
Colorado Federal Savings Bank, headquartered in Greenwood Village, Colorado, is a federally insured bank serving communities across Colorado and the United States. In addition to offering traditional consumer banking savings products, Colorado Federal provides unique real estate lending solutions to a variety of commercial clients nationwide.
Colorado Federal Savings Bank is an Equal Housing Lender. Colorado Federal has built a close affiliation with Provident Funding Associates L.P., Provident Mortgage Trust and Colorado Federal Building & Investment. By leveraging Provident Funding's expertise and 20+ year track record of success, Colorado Federal has created a banking institution capable of serving the varied needs of real estate borrowers, investors and developers. Colorado Federal is entrepreneurial, proactive and growth oriented and looks to serve customers of a similar mindset.
For more information about the Bank and its products and services, please visit www.coloradofederalbank.com.
About RJ Design Build
Roman James Design Build is one of the most sought after Joint Venture Building Partners for Residential Single Family Luxury Custom Home Development in California.
Considered the ultimate tri-fecta in the industry, Roman personally designs and oversees all architecture, floor plans, exterior elevations, permits and engineering, interior design, pool and landscape AV and is also is the Managing Partner/General Contractor for all projects under one roof.
Today, Roman James Design Build is continuing to develop and implement the most opulent, contemporary homes from its headquarters in Beverly Hills. Roman James Design Build's portfolio will continue to inspire the luxury building industry in California's most coveted real estate.
This solicitation is intended and directed to commercial customers only. It is not directed to or intended to be distributed to consumers. Colorado Federal Savings Bank and Provident Funding Associates and Provident Mortgage Trust REIT are separate but affiliated companies under common ownership and control.
8400 East Prentice Avenue, Suite 840
Greenwood Village, CO 80111
SOURCE Colorado Federal Savings Bank