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Colewood Apartments sells for record high $525.76 per rentable square foot

Denver County Property Location: 3860 Tennyson St., Denver, “Colewood Apartments” Property Description: 49-unit, five-story apartment, 36,804 sf rentable area, YOC 2017, & 21,294 sf structured parking with 50 parking spaces Land Size: 15,863 sf Sales Price: $19.35M, or $394,898 per unit, or $525.76 psf Reception No: 2019010751 Closing Date: 1/29/2019 Grantor: RPDG Tennyson Street LLC (J. David…

Kris Oppermann Stern

February 11, 2019
Residences at Flatiron Marketplace

Sea change in store for Flatiron Marketplace

More than 272,000 square feet of largely vacant retail space at Flatiron Marketplace will be demolished and replaced with up to 1,200 multifamily units and 14,000 square feet of ground floor retail. Broomfield City Council recently gave Dallas-based Provident Realty Advisors Inc. approval to redevelop Flatiron Crossing’s 20-acre Lifestyle District – an approximately $200 million…

Kris Oppermann Stern

February 4, 2019

Equity adds Eviva with $110.5 million buy

Equity Residential, which re-entered the Denver multifamily market last year, added a third asset to its local portfolio with its purchase of Eviva on Cherokee. 

Jolene Wollett

February 3, 2019

Castle Rock apartments sell to Seattle firm for $16.5 million

Douglas County Property Location: 1465 Red Hawk Drive (NWC Wolfensberger Road & Red Hawk Drive), Castle Rock Property Description: 56-unit apartment, 61,435 sf, YOC 2017, masonry/frame construction Land Size: 4.54 acres Sales Price: $16.49M, or $294,554 per unit, or $268.50 psf Reception No.: 101619 2018 Closing Date: 12/27/18 Grantor: Wolfenberger LLLP (Brian R. Bahr, mgr.), 719-598-5190 Grantee:…

John Winslow

February 1, 2019

Indiana multifamily developer acquires 15.76 acres in Thornton

Adams County Property Location: SWC E. 130thAve. & Washington St., Thornton Property Description: Vacant, proposed 283 units multifamily Proposed Name of Apartment: Village at Thorncreek Land Size: 15.76 acres, or 686,414 sf Sales Price: $4.7M, or $6.85 psf, or $16,608 per buildable unit Reception No.: 101619 2018 Closing Date: 12-20-18 Grantor: E Capital Colorado RE I LLC…

John Winslow

January 29, 2019

Aspen Hills Apartments proposed in Commerce City

Adams County Property Location: E/S Altura St., 250 feet south of E. 104thAve., Commerce City Property Description: Vacant, proposed apartments Land Size: 7.161 acres Sales Price: $2.11M, or $6.78 psf, or $11,747 per buildable unit Reception No.: 2018000102010 Closing Date: 12-21-18 Grantor: SW 104thLLC (Michael D. Bergmann, mgr.) Grantee: Aspen Hills Apartments LLC Comments: The apartments will contain…

John Winslow

January 25, 2019
laurel cherry creek

Making an Entrance: A Look at the Luxurious Laurel Cherry Creek

Cherry Creek North is no stranger to luxury, but with the addition of the neighborhood’s tallest for-sale condos, the bar has just been raised. Laurel Cherry Creek, developed by Pauls Corp., is an urban haven that combines the comforts of home with the design of a high-end resort.

Building Dialogue

January 20, 2019

Woodland Hills sells for $27 million to Florida buyer

Priderock Capital Partners out of West Palm Beach, Florida, paid $27 million for the 160-unit community at 2880 Woodland Hills Drive

Jolene Wollett

January 6, 2019

West Line Flats sells for $40.25 million in 1031 exchange

The buyer paid $40.25 million for the 155-unit, Class A community at 6500 W. 13th Ave. in Lakewood, steps from the Lamar light-rail station. 

Jolene Wollett

January 5, 2019

Jacobson Co. enters Colo. market with Velo, Modern apts.

A Los Angeles-based private investment company made its foray into the Colorado multifamily market with the purchase of more than $88 million in properties.

Jolene Wollett

December 28, 2018