Lakewood apartments snagged by New York investor for $38.5 million
Jefferson County Property Location: 3324 S. Field St., Lakewood “The Ranch at Bear Creek Apts.” Property Description: 201-unit apartment community with 194,335 sf, YOC 1973, updated in 2017, frame construction, 26 buildings Land Size: 12.03 acres Sales Price: $38.5M, or $191,542 per unit Reception No.: 35408 2018 Closing Date:4/19 Grantor: Aukum Tanglewood Investors LLC, Jason Fuchs, mgr.…
John Winslow
May 14, 2018The developer’s dilemma: Preserving the 15-minute community
Threading the needle at 60 miles per hour is a decent metaphor for the increasing challenges of real estate development in the Front Range of Colorado. Bedeviled by labor shortages, materials cost increases, recently
CREJ
May 11, 2018Bluerock Real Estate buys Links at Plum Creek apartments
Bluerock Real Estate, according to public records, paid $61 million for the 264-unit community, which was sold by Sentinel Real Estate Corp.
Jolene Wollett
May 7, 2018Denver investor acquires South Broadway retail/apartments
Denver County 1. Address: 76-98 S. Broadway, “The Werner Building” & One East Bayaud Ave., “The White Palace Apartments,” Denver Improvements: The White Palace Apartments includes 20 units (10 one-bedroom/one-bath units at 550 sf that rent for $1,395; eight one-bedroom/one baths @ 420 sf that rents for $1,345/mo.; and two one-bedroom units @ 420 sf…
John Winslow
May 4, 2018Pinnacle Real Estate Advisors brokers sale of midtown building
Denver County Address: 1729 Pennsylvania St., Denver Improvements: 6,267-sf, three-story boarding home, YOC 1907, brick Land Size: 6,695 sf Date of Recording: 3/30 Reception No.: 20180038145 Price: $1.8M, or $287.22 psf Grantor: 1729 Pennsylvania LLC Grantee: MW Partners LLC, Waylon Wouters Comments: This sale was handled by Pinnacle Real Estate Advisors with Erik Toll and J.B. Hochman representing the…
John Winslow
May 3, 2018JLL expands its Denver multifamily presence
JLL is expanding its Denver multifamily presence with the addition of David Martin, Pamela Koster and Mike Grippi to its team.
CREJ
May 1, 2018Vue21 trades for record $77.6M
The Vue21 apartment property sold for the highest total sales price and highest per-unit price ever achieved for a multifamily asset in Colorado Springs.
Jolene Wollett
April 29, 2018Downtown Denver’s Westend trades for $128.7 million
The gated community, comprising one- and two-bedroom apartments and built along Denver’s park system along the Platte River, also is walkable to a variety of retailers, employers and additional city amenities.
Jolene Wollett
April 22, 2018Trio of apartment properties sell for $24.75 million
Marcus & Millichap handled the sale of a trio of apartments in Aurora, which sold for a total of $24.75 million.
Jolene Wollett
April 15, 2018Lofts on College shatters per- unit price at $1.12 million
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Kris Oppermann Stern
April 13, 2018