Similar style apartments snagged for $4.2M each
Arapahoe and Denver counties Property Location: 1. 3505-3515 S. Knox Court, Sheridan, & 2. 1860 S. Grove St., Denver Property Description: 1. 18-unit (two buildings), two-story walk-up apartment w/11,380 sf, YOC 1961; 2. 18-unit, two-story, brick, garden-level apartment, YOC 1961, 12,253 sf Land Size: 1. 25,265 sf, 2. 12,576 sf Sales Price: Arapahoe: $2.1M; Denver $2.1M, total…
John Winslow
March 16, 2018IMT Lone Tree trades for $110.85 million
Nine-figure sales continue to close across metro Denver’s multifamily market, including the reported $110.85 million sale of IMT Lone Tree.
Jolene Wollett
March 11, 2018Pinkard Construction tops out Lowry Apartments at Boulevard One
Pinkard Construction Co. recently topped out the 68,217-square-foot Lowry Apartments, a four-story wood-framed, mixed-income development at Lowry’s Boulevard One community.
Kris Oppermann Stern
March 6, 2018Investor lands Applewood Apartments for $7M
Jefferson County Property Location: 1975 Oak St., Lakewood, “The Applewood Apartments” Property Description: 42-unit apartment complex, 4 buildings, 34,150 sf, YOC 1973, brick construction, 74 carports & 38 interior storage units Land Size: 2.44 acres Sales Price: $7.01M, or $166,786 per door, or $205.12 per sf Reception No.: 2018007922 Closing Date: 1/25 Grantor: Lewis Joliet Applewood LLC, John…
John Winslow
March 6, 2018The Quincy typifies a development legacy
Affable and understated, Peter Culshaw is a hands-on leader who understands why there is no “I” in team. As executive vice president of Shea Properties, he oversees more than 2 million square feet of commercial space along with roughly 2,000 apartment homes in Colorado.
Building Dialogue
March 5, 2018Advenir at Saddle Rock apts. sell for $72.18 million
Advenir at Saddle Rock, renamed The Fletcher Southlands, also is located near Southlands and is equidistant from the Anschutz Medical Campus and the Denver Tech Center.
Jolene Wollett
March 4, 2018Lafayette apartments sold to Buchanan Street Partners for $60.25 million
Boulder County Property Location: 695 South Lafayette Dr., Lafayette Property Description: 240-unit apartment complex, 214,560 sf, YOC 2014 Land Size: 10.483 acres Sales Price: $60.25M, or $251,042 per unit Density: 22.89 units per acre Reception No.: 03639624 Closing Date: 2/1 Grantor: Imago Lafayette LLC, Lester M. Kaplan, mgr., & Milestone Group – Habitat LLC, Kenneth…
John Winslow
March 2, 2018The Bluffs at Castle Rock apartments sell for $50M
Security Properties plans to make improvements to the 220-unit, Class B-plus property built in 1998.
Jolene Wollett
February 26, 2018Real estate investors will benefit from new tax law
As most investors already know, there are no new restrictions on 1031 exchanges, which is certainly beneficial to all real estate investors. We have selected a couple other changes to discuss below that also are favorable and
CREJ
February 26, 2018Why we’re investing in smart technologies for our assets
The use of smart technology is no longer confined to homeowners looking to control temperature or lighting via their smartphones. It has become an essential tool for multifamily property managers and owners who want to offer
CREJ
February 25, 2018