Bluerock Real Estate buys Links at Plum Creek apartments
Bluerock Real Estate, according to public records, paid $61 million for the 264-unit community, which was sold by Sentinel Real Estate Corp.
Jolene Wollett
May 7, 2018Denver investor acquires South Broadway retail/apartments
Denver County 1. Address: 76-98 S. Broadway, “The Werner Building” & One East Bayaud Ave., “The White Palace Apartments,” Denver Improvements: The White Palace Apartments includes 20 units (10 one-bedroom/one-bath units at 550 sf that rent for $1,395; eight one-bedroom/one baths @ 420 sf that rents for $1,345/mo.; and two one-bedroom units @ 420 sf…
John Winslow
May 4, 2018Vue21 trades for record $77.6M
The Vue21 apartment property sold for the highest total sales price and highest per-unit price ever achieved for a multifamily asset in Colorado Springs.
Jolene Wollett
April 29, 2018Downtown Denver’s Westend trades for $128.7 million
The gated community, comprising one- and two-bedroom apartments and built along Denver’s park system along the Platte River, also is walkable to a variety of retailers, employers and additional city amenities.
Jolene Wollett
April 22, 2018Trio of apartment properties sell for $24.75 million
Marcus & Millichap handled the sale of a trio of apartments in Aurora, which sold for a total of $24.75 million.
Jolene Wollett
April 15, 2018Lofts on College shatters per- unit price at $1.12 million
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Kris Oppermann Stern
April 13, 2018Bluerock draws first Colorado acquisition with Castle Rock apartments
Douglas County Property Location: 1100 Plum Creek Parkway, Castle Rock Property Description: 264-unit apartment complex w/11 three-story buildings plus 4,118-sf clubhouse, total of 252,276 sf rentable area; YOC 1999, brick/frame Land Size: 11.34 acres Density: 23.28 d/u per acre Sales Price: $61.1M, or $231,439 per unit, or $242.20 psf Reception No.: 2018017419 Closing Date: 3/26 Grantor: Social Links Inc., c/o…
John Winslow
April 12, 2018Firm acquires 390-unit Denver apartment for $128.7 million
Denver County Address or Location: 3500 Rockmont Drive, Denver, “Westend Apartments” Improvements: 390-unit apartment, with 343,138 rentable sf, YOC 2015. There are 251 one-bedroom/one-bath units ranging from 579 sf to 853 sf. The rental rates range from $2.05 to $2.71 per sf. The remaining 139 units consist of two-bedroom/two-bath units ranging from 1,043 to 1,463…
John Winslow
April 11, 2018One Dartmouth Place apartments sell for $65.5 million
Besyata Investment Group and The Scharf Group acquired the 418-unit community at 11100 E. Dartmouth Ave. in Denver.
Jolene Wollett
April 8, 2018BMC 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.
Jolene Wollett
April 8, 2018