Rocky Mountain Community Reinvestment Corporation (aka UCRC)

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Winterwood Senior Apartments featured in Las Vegas Business Press

Ovation Development Corporation celebrated their groundbreaking for Winterwood Senior Apartments on June 15, 2011. 

Winterwood Senior Apartments will be located at 5025 E. & 5050 E. Mohave Ave., Las Vegas, Nevada and will consist of 142-unit – 93 one bedroom and 49 two bedroom – housing complex with roof-mounted solar panels installed to save energy. The project will be age restricted to 55 years or older earning 40-50 % of the area median income for Clark County.

Rocky Mountain CRC has committed $ 2,850,000 term financing to Winterwood Seniors, LLC and anticipates a loan closing in April 2012.

Click here to read the full article via Las Vegas Business Press