Denver County Property Location: 4300 Swanson Drive, Castle Rock, “Echelon at the Meadows” Property Description: 240-unit, three-story apartment community with 261,924 rentable sf, YOC 2018. Unit breakdown: 24 one-bedroom units @ 757 sf; 24 one-bedroom units @ 809 sf; 24 one-bedroom units @ 859 sf; 24 one-bedroom units @ 954 sf; 48 two-bedroom, two-bath units…

Jefferson County Property Location: 13195 W. Progress Circle, Littleton, “Ironwood at Red Rocks” Property Description: 256-unit, three-story apartment community with 247,616 sf, YOC 2002, brick & frame construction Land Size: 12.248 acres Sales Price: $75.4M, or $294,531 per unit, or $304.50 psf Reception No.: 2018100012 Closing Date: 11/1 Grantor: Belle View Apartments LLC, c/o Embry Development (Brent…

AvalonBay Communities Inc. paid $73.05 million, or $304,375 per unit, for the 240-unit The Meadows community at 4300 Swanson Way in Castle Rock.

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Denver County Property Location: 4300 Swanson Drive, Castle Rock, “Echelon at the Meadows” Property Description: 240-unit, three-story apartment community with 261,924 rentable sf, YOC 2018. Unit breakdown: 24 one-bedroom units @ 757 sf; 24 one-bedroom units @ 809 sf; 24 one-bedroom units @ 859 sf; 24 one-bedroom units @ 954 sf; 48 two-bedroom, two-bath units…

We face real challenges to the affordable housing issue. In both the public and political arena, the increase in demand for attainable housing, coupled with hurdles to create more housing, is a growing problem.

The pace of growth in the Denver region in recent years has generated an unprecedented level of investment in real estate development, new and expanding businesses, and new residents. Two challenging impacts from this rapidly

In October, Newmark Knight Frank Multifamily Vice Chairman Shane Ozment emceed and presented at Colorado Real Estate Journal’s 2018 Fall Multifamily Conference. Ozment, specializing in the marketing and sale

Denver County Property Location: 16505 Green Valley Ranch Blvd., Denver, “Strata Apts.” Property Description: 336-unit, three-story apartment community with 302,215 rentable sf, YOC 2016. There are 24 small one-bedroom units @ 592 sf; 118 midsize one-bedrooms averaging 681 sf & 26 large one-bedrooms at 784 sf. There are 12 two-bedroom/one-bath units @ 986 sf; 67 midsize…

With 10,200 apartment units either under construction or in planning in downtown Denver (according to Apartment Insights’ third-quarter data), many are speculating that the market is overbuilt. Ten thousand is a big number –