Bear Valley Park sells for $63 million
San Francisco-based Jackson Square Properties added to its Denver multifamily holdings with its recent acquisition of the Bear Valley Park Apartments.
Jolene Wollett
July 22, 2018
Minnesota firm acquires 5.23 acres for 209 proposed apartment units
Arapahoe County Property Location: Northwest corner of S. Parker Road & East Fair Ave., Centennial Property Description: Vacant replatted land, plan to build 209 apartment units Land Size: 5.2291 acres Sales Price: $2M, or $8.78 psf, or $9,569 per buildable unit Reception No.: D8062751 Closing Date: 6/26 Grantor: Fellowship Community Church (Douglas Swanberg), 303-699-1110 Grantee: Centennial Leased…
John Winslow
July 19, 2018
Downtown apartment community, parking lot sell for $135.5 million
Denver County Property Location: 1600 & 1405 Glenarm Place, Denver Property Description: 333-unit, 31-story apartment building, 326,411 sf plus 29,814+/- sf of retail space on first floor, total 356,225 sf, YOC 1964, converted to multifamily in 2006, *renovated in 2016 Land Size: 30,902 sf Sales Price: $131M, or $393,393 per unit, or $367.75 psf** Reception No:…
John Winslow
July 18, 2018
Vaught Frye Larson Aronson designs The Wyatt
WestCorp Management Group, alongside its client Terra Development Group, recently broke ground on The Wyatt, a luxury apartment community located at the intersection of Harmony Road and Strauss Cabin Road in Fort Collins.
Kris Oppermann Stern
July 15, 2018
Washington Park/Speer Blvd. location draws $10.5 million
Denver County Property Location: Northwest corner E. Third Ave. & Logan St., (325-355 Logan St.), Denver Property Description: Land value, 171 units planned, including 92 one-bedroom units, 74 two-bedrooms and five three-bedroom units, with 245 parking spaces Land Size: 44,082 sf Sales Price: $10.5M, or $238.19 psf, or $61,403 per buildable unit Reception No.: 2018078263 Closing Date: 6/25…
John Winslow
July 13, 2018
Capitol Hill apartments snagged by longtime Denver family for $6.2 million
Denver County Property Location: 900 E. Eighth Ave., Denver Property Description: 28-unit, three-story apartment, 22,009 sf, YOC 1947, brick construction (11 one-bedrooms units, 17 two-bedroom/one-bath units) Land Size: 25,000 sf Sales Price: $6.23M, or $230,556 per unit or Reception No.: 2018080093 Closing Date: 6/28 Grantor: Garr Investment Corp (Margaret G. Holcomb, pres.) Grantee: The Don Edward LLC…
John Winslow
July 12, 2018
Mortgage banking book part Denver history, memoir
Mortgage bankers financed much of what is Denver. Mortgage lenders, working with banks, insurance companies and government agencies, financed many commercial buildings and apartments in Denver and nationwide. Veteran mortgage banker E. Michael Rosser chronicles the history of the mortgage industry in Denver and beyond in his new, 372-page book, “A History of Mortgage Banking…
Kris Oppermann Stern
July 9, 2018
Luxury apartments break ground on Harmony corridor
WestCorp Management Group and client Terra Development Group have broken ground on The Wyatt, a 368-unit luxury apartment community in Fort Collins. Located just east of Interstate 25 at the intersection of Harmony Road and Strauss Cabin Road, the nearly $80 development will include one- to three-bedroom units with stainless steel appliances, wood vinyl flooring,…
Kris Oppermann Stern
July 1, 2018
Slipstream pays $102.25 million for Springs portfolio
Slipstream Properties purchased the portfolio, which includes 1,178 units of Class B and C apartments in seven complexes predominately located in southern and eastern Colorado Springs.
Jolene Wollett
June 24, 2018
Bascom Group buys DU area apts. for $92.5 million
The Bascom Group LLC paid $92.5 million, or $336,364 per unit, for the Class A, 275-unit community at 1910 S. Josephine St. in Denver, by the University of Denver.
Jolene Wollett
June 24, 2018
