Pathfinder Partners paid $18.3 million for the 119-unit community at 12000 E. Kansas Drive in Aurora.

Denver County Property Location: 2441 S. York St., Denver Property Description: 17-unit, three-story apartment, 8,400 sf, YOC 1967, brick Land Size: 6,250 sf Sales Price: $3.1M, or $182,353 per unit, or $369.05 psf Reception No.: 2018093792 Closing Date: 7/27 Grantor: 2441 LLC (Alan G. Hart, mgr.) Grantee: South York Street LLC (Kurt Lochmiller, mgr.) Financing: $1.73M payable…

Arapahoe County Property Location: 11910 E. Kansas Drive, Aurora, “Verona Park Apartments” Property Description: 119-unit, 8-building, three-story apartment complex w/104,880 sf, YOC 1972, renovated in 2015, wood frame construction Land Size: 8.958 acres Sales Price: $18.4M, or $175.44 psf, or $154,622 per unit Reception No.: D8074728 Closing Date: 7/30 Grantor: Mountain View LLC(Jeffrey K. Sanders, mgr.) Grantee:…

The cost of construction continues to climb around the Denver metro area, constraining development of for-sale housing and limiting most new apartment construction to the luxury space. The overall housing shortage

As we move into the second half of the year, now is an opportune time to consider how multifamily has performed in the opening two quarters of 2018. The combined markets of Denver and Colorado Springs are

Anticipation is growing among investors about the promise of the so-called opportunity zone program created under The Tax Cuts and Jobs Act, Pub. L. 115-97, signed into law Dec. 22. The provisions of the act that

Denver County Property Location: 1515 Vrain St, Denver, “1515 Flats” Property Description: 82-unit, five-story apartment, 65,090 sf (including 5,995-sf retail space on first floor, YOC 2017 Land Size: 19,315 sf Sales Price: $23.4M, or $359.50 psf, or $285,366 per unit Reception No.: 2018065837 or correction deed 2018068024 Closing Date: 6/13 Grantor: Vrain Street Investments LLC (Leon…

Douglas County Property Location: Southeast corner N. Meadows Drive & Elegant Street, also fronts southwest corner Bilberry Street & Viridian Drive, Castle Rock Property Description: Vacant multifamily land, 16.92 d/u per acre Land Size: 12.08 acres Sales Price: $6.13M, or $11.66 psf, or $30,025 per buildable unit Reception No.: 2018042589 Closing Date: 7/13 Grantor: Castle Rock Development Co.…

Denver County Property Location: Northwest corner of Garfield St & East 2nds Ave. (201 Garfield St.), Denver Property Description: Vacant land, plans for 26 unit, three-story apartment building Land Size: 37,496 sf Sales Price: $7.65M, or $204.00 psf, or $294,231 per buildable unit Reception No: 2018086674 Closing Date: 7/13 Grantor: Newberry Family LLC (Kien Arnold, mgr.), 303-322-0443 Grantee:…

The loan was provided for the construction of West End 38 Apartments, a mixed-use project on 2.8 acres at the northwest corner of West 38th Avenue and Upham Street in the Town Center neighborhood.