LoHi apartment sales top $400,000 per unit

The properties, Infinity LoHi and Centric LoHi, located in the coveted LoHi neighborhood of Denver, recently sold in separate transactions at prices topping $400,000 per unit.

Jennifer Hayes

December 20, 2018
Mill Creek

Mill Creek multifamily – Modera West Wash Park, Modera LoHi

Mill Creek Residential is on a roll in Denver, with luxury apartment towers under construction at the edge of two ends of downtown. Dallas-based Mill Creek, the nation’s second largest apartment developer in 2017, also recently sold the 275-unit Modera Observatory Park apartment community near the University of Denver for $92.5 million. I spoke to…

John Rebchook

June 8, 2018
condo

Condo boutiques like Ivy next wave in Denver

Condo fever is sweeping the Denver area market in the wake of legislators addressing the construction defect issue almost a year ago. JK – just kidding, as my daughter used to say when she was in elementary school. Last year and in 2016, condo construction represented a mere 6.7 percent of the residential homebuilding activity…

John Rebchook

February 5, 2018
Zuni

Zuni site Main and Main in LoHi

Zuni Street is the north-south artery running through the heart of LoHi. Next week, investors will have the opportunity to bid on a rare find along Zuni Street – just shy of an acre at Zuni and West 31st Avenue, a block south of the main east-west corridor through Lower Highland, one of Denver’s hottest…

John Rebchook

December 13, 2017
Infinity LoHi

Infinity LoHi opening its doors

Infinity LoHi is the latest luxury apartment community opening its doors in the trendy Lower Highland area. The 273-unit community at 2298 W. 28th Ave. is taking appointment from renters. The first residents can start to move in in May. Infinity LoHi is the first apartment community in Denver by Florida-based Richman Signature Properties. “Incredible things…

John Rebchook

April 21, 2017
Mill Creek

Mill Creek bullish on Denver

Mill Creek Residential, a privately held apartment developer, has been planting its flag in some of Denver’s trendiest neighborhoods. Together, the privately held, Dallas-based company has more than 1,300 units owned, under construction or on the drawing board in Denver neighborhoods My back-of-the-envelope estimate is that the total sales value of the communities would top…

John Rebchook

March 23, 2017