BMC invests in Aurora workforce housing
Denver-based BMC Investments paid $31.5 million, or $111,702 per unit, for Vista Park, a 282-unit, value-add asset at 12707 E. Mississippi Ave.
Jennifer HayesApril 8, 2018
Denver real estate a relative bargain
Denver real estate is a bargain...at least if you are coming from San Francisco. Pilot John R. Tennyson late last year moved from San Francisco to Denver. Tennyson, a pilot with Southwest Airlines, brings a mile-high perspective to the Mile High city's real estate, which has never been more expensive. In Denver, Tennyson was able to buy…
John RebchookApril 4, 2018
Buchtel Park Apartments sells for $46.25M
The community, renamed RedPeak Colorado Station, which spans seven buildings, was constructed in 1963 and 1971 on 9 acres of “parklike” grounds.
Jennifer HayesMarch 25, 2018
Lakewood community sells for $124M
The Village at Bear Creek sold for $124 million, according to public records.
Jennifer HayesMarch 25, 2018
Aurora apartment complex acquired by Denver investor
Adams County Property Location: 12170 E. 30th Ave., Aurora Property Description: 66-unit, three-story, apartment w/38,574 sf, YOC 1969, Land Size: 1.18 acres Sales Price: $7.2M, or $109,091 per door, or $186.65 psf Reception No.: 2018000017579 Closing Date: 2/28 Grantor: Abrigo Apartments LLC, Keith Joseph, mgr. Grantee: Vesta CO LLC c/o IWP Wealth Management, Charles Willhoit,…
John WinslowMarch 19, 2018
Similar style apartments snagged for $4.2M each
Arapahoe and Denver counties Property Location: 1. 3505-3515 S. Knox Court, Sheridan, & 2. 1860 S. Grove St., Denver Property Description: 1. 18-unit (two buildings), two-story walk-up apartment w/11,380 sf, YOC 1961; 2. 18-unit, two-story, brick, garden-level apartment, YOC 1961, 12,253 sf Land Size: 1. 25,265 sf, 2. 12,576 sf Sales Price: Arapahoe: $2.1M; Denver $2.1M, total…
John WinslowMarch 16, 2018
IMT Lone Tree trades for $110.85 million
Nine-figure sales continue to close across metro Denver’s multifamily market, including the reported $110.85 million sale of IMT Lone Tree.
Jennifer HayesMarch 11, 2018
Investor lands Applewood Apartments for $7M
Jefferson County Property Location: 1975 Oak St., Lakewood, “The Applewood Apartments” Property Description: 42-unit apartment complex, 4 buildings, 34,150 sf, YOC 1973, brick construction, 74 carports & 38 interior storage units Land Size: 2.44 acres Sales Price: $7.01M, or $166,786 per door, or $205.12 per sf Reception No.: 2018007922 Closing Date: 1/25 Grantor: Lewis Joliet Applewood LLC, John…
John WinslowMarch 6, 2018
Advenir at Saddle Rock apts. sell for $72.18 million
Advenir at Saddle Rock, renamed The Fletcher Southlands, also is located near Southlands and is equidistant from the Anschutz Medical Campus and the Denver Tech Center.
Jennifer HayesMarch 4, 2018
Lafayette apartments sold to Buchanan Street Partners for $60.25 million
Boulder County Property Location: 695 South Lafayette Dr., Lafayette Property Description: 240-unit apartment complex, 214,560 sf, YOC 2014 Land Size: 10.483 acres Sales Price: $60.25M, or $251,042 per unit Density: 22.89 units per acre Reception No.: 03639624 Closing Date: 2/1 Grantor: Imago Lafayette LLC, Lester M. Kaplan, mgr., & Milestone Group – Habitat LLC, Kenneth…
John WinslowMarch 2, 2018