Douglas County Property Location: Southeast corner N. Meadows Drive & Elegant Street, also fronts southwest corner Bilberry Street & Viridian Drive, Castle Rock Property Description: Vacant multifamily land, 16.92 d/u per acre Land Size: 12.08 acres Sales Price: $6.13M, or $11.66 psf, or $30,025 per buildable unit Reception No.: 2018042589 Closing Date: 7/13 Grantor: Castle Rock Development Co.…

Denver County Property Location: Northwest corner of Garfield St & East 2nds Ave. (201 Garfield St.), Denver Property Description: Vacant land, plans for 26 unit, three-story apartment building Land Size: 37,496 sf Sales Price: $7.65M, or $204.00 psf, or $294,231 per buildable unit Reception No: 2018086674 Closing Date: 7/13 Grantor: Newberry Family LLC (Kien Arnold, mgr.), 303-322-0443 Grantee:…

The loan was provided for the construction of West End 38 Apartments, a mixed-use project on 2.8 acres at the northwest corner of West 38th Avenue and Upham Street in the Town Center neighborhood. 

San Francisco-based Jackson Square Properties added to its Denver multifamily holdings with its recent acquisition of the Bear Valley Park Apartments.

Arapahoe County Property Location: Northwest corner of S. Parker Road & East Fair Ave., Centennial Property Description: Vacant replatted land, plan to build 209 apartment units Land Size: 5.2291 acres Sales Price: $2M, or $8.78 psf, or $9,569 per buildable unit Reception No.: D8062751 Closing Date: 6/26 Grantor: Fellowship Community Church (Douglas Swanberg), 303-699-1110 Grantee: Centennial Leased…

Denver County Property Location: 1600 & 1405 Glenarm Place, Denver Property Description: 333-unit, 31-story apartment building, 326,411 sf plus 29,814+/- sf of retail space on first floor, total 356,225 sf, YOC 1964, converted to multifamily in 2006, *renovated in 2016 Land Size: 30,902 sf Sales Price: $131M, or $393,393 per unit, or $367.75 psf** Reception No:…

Rental-shoe-dropping silence. The sound you are not hearing is the other shoe dropping regarding the local rental housing market. For several years, even some industry leaders have been projecting that Denver’s bull market for rental units was going to run out of steam. With an apartment crane seemingly on every block, overbuilding would lead to…

Denver County Property Location: Northwest corner E. Third Ave. & Logan St., (325-355 Logan St.), Denver Property Description: Land value, 171 units planned, including 92 one-bedroom units, 74 two-bedrooms and five three-bedroom units, with 245 parking spaces Land Size: 44,082 sf Sales Price: $10.5M, or $238.19 psf, or $61,403 per buildable unit Reception No.: 2018078263 Closing Date: 6/25…

Denver County Property Location: 900 E. Eighth Ave., Denver Property Description: 28-unit, three-story apartment, 22,009 sf, YOC 1947, brick construction (11 one-bedrooms units, 17 two-bedroom/one-bath units) Land Size: 25,000 sf Sales Price: $6.23M, or $230,556 per unit or Reception No.: 2018080093 Closing Date: 6/28 Grantor: Garr Investment Corp (Margaret G. Holcomb, pres.) Grantee: The Don Edward LLC…

WestCorp Management Group and client Terra Development Group have broken ground on The Wyatt, a 368-unit luxury apartment community in Fort Collins. Located just east of Interstate 25 at the intersection of Harmony Road and Strauss Cabin Road, the nearly $80 development will include one- to three-bedroom units with stainless steel appliances, wood vinyl flooring,…