Infill apartments sell to Indiana-based buyer

The Grammercy sold to a buyer making its first Denver acquisition with its $25.8 million buy.

Jennifer Hayes

April 15, 2019

Apartments off Harmony Road corridor fetch $63.5 million

Alvista Harmony

A Fort Collins apartment community with large units, a like-new clubhouse and abundant amenities within reach was acquired for $63.5 million. Formerly Argyle at Willow Springs, the 280-unit community now is called Alvista Harmony. It’s located at 2002 Battlecreek Drive, just south of the Harmony Road corridor. “You have everything you want about two minutes…

Jill Jamieson-Nichols

April 7, 2019

North Main at Steel Ranch apartments change hands at $67 million

North Main at Steel Ranch

Confluence Cos. sold its North Main at Steel Ranch apartments in Louisville for $67 million, or $293,860 per unit. The 228-unit community at 1724 Steel St. sits on 7.66 acres and features more of a “neighborhood feel” than some of the other new apartment developments in Louisville, according to CBRE Senior Vice President Matt Barnett.…

Jill Jamieson-Nichols

April 6, 2019

Ridge at Wheatlands sells to AvalonBay for $91.25M

AvalonBay paid $91.25 million, according to public records, for the 338-unit Ridge at Wheatlands community at 6855 S. Langdale St. in Aurora.

Jennifer Hayes

March 24, 2019

Denver among top 5 markets for commercial real estate investment, CBRE survey finds

CBRE chart

A recent survey of commercial real estate investors ranked Denver as a top target among Americas metros. Denver advanced for the third year in a row, jumping two spots to tie with Atlanta at No. 5 in CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found that, in 2019, more…

CREJ

March 22, 2019

Building Box: TriVista on Speer

trivista rendering

A block south of the Colorado Convention Center in Denver’s Golden Triangle neighborhood, the seven-story, 322-unit TriVista on Speer apartment building is named for three different panoramas: to the west, the mountains; to the north, downtown; and to the east, the Denver Art Museum and the heart of the Golden Triangle’s Cultural District. 

Building Dialogue

March 17, 2019

Schnitzer West buys site entitled for up to 1 million square feet

Peakview

Schnitzer West has acquired a site across the street from Fiddler’s Green Amphitheatre that is entitled for more than 1 million square feet of development. Peakview Place, a 10.9-acre parcel at 6363 Greenwood Plaza Blvd. in Centennial, was one of two properties Schnitzer West purchased in an off-market deal. The price wasn’t released, but it…

Jill Jamieson-Nichols

March 16, 2019

Starlight adds Broadstone Montane with $120M buy

Located at 18301 Cottonwood Drive, near the intersection of E-470 and Highway 83, the complex comprises 23 three-story apartment buildings. 

Jennifer Hayes

March 10, 2019

The Henry: Modern Sophistication with a Nod to Denver’s Prairie Style Roots

the henry

The Henry sits on a 4-acre, triangle-shaped parcel in the Gates redevelopment area framed by East Mississippi, South Sherman and the Valley Highway/light rail lines. After some careful study, Carmel Partners came on board as owner, developer and contractor. 

Building Dialogue

March 3, 2019

Denver apartments change hands

Denver County Property Location: 605 26thSt., Denver, “Wise Harris Arms Apartments” Property Description: 23-unit, two-story apartment, 12,390 sf, YOC 1889, renovated in 2017, brick construction (all one-bedroom units) Land Size: 9,394 sf Sales Price: $3.03M, or $131,522 per door, or $244.15 psf Reception No.: 2019016927 Closing Date: 2/13 Grantor: 2445 Lawrence LLC (Jason Koch & Rawleigh Pyne,…

John Winslow

February 26, 2019