US Capital Global has advised on a $45 million debt and mezzanine financing deal for Defy Co.labs' 117-unit multifamily townhome development in Salt Lake City, Utah.

Information on the Target

Defy Co.labs is a cutting-edge real estate development firm located in Salt Lake City, Utah, known for its innovative approach to utilizing digital technology to analyze real-time data of the real estate market. The company specializes in various aspects of project design, construction, planning, sales, economics, and industry research. Defy Co.labs has a clear mission: to establish 'communities of opportunity for all' by leveraging proprietary technology to identify undervalued opportunities in the market.

By combining insights from stakeholders—including owners, tenants, contractors, and investors—with a focus on Environmental, Social, and Governance (ESG) factors, Defy Co.labs creates a holistic approach to property development. The firm's subsidiaries—Defy Technologies, Defy Land, Defy Design, and Defy Development—collaborate seamlessly to optimize value throughout the entire project lifecycle.

Industry Overview in Utah

The real estate market in Utah has been experiencing significant growth, buoyed by a strong economy, a burgeoning population, and a robust demand for housing. Salt Lake City, in particular, has seen rapid urban development and an increas