Equity Residential buys The Brodie

Equity Residential continues to grow its metro Denver multifamily portfolio – most recently with its purchase of The Brodie, a 312-unit, newly built apartment complex in Westminster.

Jennifer Hayes

August 12, 2019

Caliber at Cornerstar sells for $40.75M to California buyer

Scandic Capital LLC paid $291,071 per unit for the Caliber at Cornerstar, a 140-unit community completed last year at 15930 E. Briarwood Circle.

Jennifer Hayes

August 4, 2019

Lincoln Springs sells to buyer making second buy in city

A buyer making its second purchase in Colorado Springs purchased an “untouched” value-add opportunity. Monarch REI LLC paid $19.5 million, according to public records, for the 180-unit Lincoln Springs Apartments at 1170 S. Chelton Road. “Our buyer is very excited about the addition of this value-add apartment complex to their portfolio. They plan on making…

Jennifer Hayes

July 28, 2019

Partnership pays $41.15M for Springs apts.

A sought-after pair of valueadd apartment communities sold to a partnership making its first purchase in Colorado Springs. The Bascom Group LLC and an affiliate of The Axton Group acquired the Summer Grove Apartments and Tanglewood Apartment Homes. Summer Grove and Tanglewood were built in 1971 and 1972, respectively, and are located at 3802 and…

Jennifer Hayes

July 19, 2019

QOZ fund, Hines announce plans for North Wynkoop apartments

Houston-based Hines and Cresset-Diversified QOZ Fund announced plans to build one of the first qualified opportunity zone investments in the Denver area – North Wynkoop. The 10-story apartment community will feature 392 luxury units located at the northern edge of Denver’s River North neighborhood, on a site along Brighton Boulevard just west of AEG’s Mission…

Jennifer Hayes

July 19, 2019

Developer buys parking lot with eye toward creative tower

A developer with a creative vision for a 40-story tower on a parking lot at 1901 Arapahoe St. in downtown Denver is under contract to buy the 1.26-acre site for $28 million. Michael Eisenstein of Land Capital LLC is eyeing development of the Love This City Tower, which could include structured parking, up to 1,300…

Jill Jamieson-Nichols

July 13, 2019

Westside Investment pays $16.5M for redevelopment site

Redevelopment is in store for an industrial property on an emerging corridor near downtown Denver.

Jill Jamieson-Nichols

July 13, 2019

Architecture Designed to Make a Difference

They were going to build Attention Homes Apartments, Boulder’s first supportive housing community for homeless 18- to 24-year-olds in downtown Boulder’s historic Whittier neighborhood, right across the street from my office.

Building Dialogue

June 30, 2019

McWhinney enters Longmont market with Clovis Point

A 208-unit apartment community off the Diagonal Highway in Longmont is set to deliver its first units in mid-2020. Clovis Point is McWhinney’s first development in Longmont, a community it has been eyeing for some time. “McWhinney has been exploring various development opportunities in Longmont over a number of years, so we are pleased to…

Jill Jamieson-Nichols

June 29, 2019

SOVA on Grant: A Timeless Building Joins Uptown

The Uptown neighborhood of Denver is filled with exceptional dining, boutique shopping and exciting nightlife. Living in the highly walkable Uptown neighborhood means that some of the best culture and fun that Denver has to offer is right outside your front door.

Building Dialogue

June 16, 2019