Jackson Creek apts. sell for $57.82M
The buyer, a private investment group, paid more than $216,000 per unit for the Vistas at Jackson Creek, a 267-unit community approximately one-half mile east of Interstate 25.
Jolene Wollett
January 15, 2018Fort Collins affordable housing buildings get serious makeover
Housing Catalyst is undertaking a major rehabilitation of three affordable housing communities that comprise the Village on Shields in Fort Collins. In all, 22 buildings with 285 units will receive an extensive makeover, and a long-shuttered community building will be brought back to life as part of the multimillion-dollar project. The renovations are being funded…
Kris Oppermann Stern
January 14, 2018Skyline apartments in Aurora sell for $17.1 million
Arapahoe County Address: 456 S. Ironton St., Aurora Improvements: 112-unit, four-story apartment w/95,164 sf, YOC 1974 Land Size: 3.129 acres Density: 36.43 units per acre Date of Recording: 12/28 Reception No.: 2017169188 Price: $17.1M, or $152,679 per door, or $179.69 psf Grantor: South Ironton Street Apartments LLC, Jerome Fink, mgr., Bascom Group Grantee: Skyline View…
John Winslow
January 11, 2018Park Place Olde Town welcomes new year with $46.6 million sale
Jefferson County Address: 5743 Teller St., Aurora, “Park Place Olde Town” Improvements: 153-unit, five story apartment w/132,129 sf, YOC 2016 Land Size: 2.97 acres Density: 51.52 units per acre Date of Recording: 1/4 Reception No.: 2017169188 Price: $46.58M, or $304,444 per door, or $352.53 psf Grantor: Park Place Olde Town Apartments LLC, Mark Goldberg &…
John Winslow
January 10, 2018Oak Coast buys Aurora Hills for $96M
Oak Coast Properties picked up its seventh metro Denver acquisition – boosting its local portfolio to more than 3,000 units – with its purchase of Aurora Hills Apartments.
Jolene Wollett
January 8, 2018Dylan Apartments trade for $90.6M
IRET Properties made its inaugural investment in the Denver market with its purchase of the 274-unit Dylan Apartments
Jolene Wollett
January 7, 2018Denver apartments change hands at $7.21 million
Denver County Address or Location: 1380 Steele St., Denver Improvements: 34-unit, six-story midrise apartment, 22,848 sf, YOC 1963, masonry construction with underground parking garage. Land Size: 17,237 sf Date of Recording: 12/28 Reception No.: 2017169188 Price: $7.21M, or $211,971 per door, or $315.43 psf Grantor: Wilson Partners III GP, Eric R. Wilson, GP Grantee: 1380…
John Winslow
January 5, 2018Griffis Group acquires 296 units for $100.5M
Denver County Address: 2975 Huron St., Denver, “Union Station North” Land Size: 2.47 acres Improvements: Five-story, 296-unit apartment complex w/253,080 sf, YOC 2017* Date of Recording: 12/15 Reception No.: 2017164456 Price: $100.5M, or $339,527 per unit, or $397.11 psf Grantor: Edwards Prospect Park LLC, Jeffrey W. Edwards, mgr., 495 S. High St., Suite 150, Columbus,…
John Winslow
January 2, 2018HFF arranges $62.28 million in loans
The HFF team worked on behalf of borrower Denver-based RedPeak Properties to secure two separate 10-year, interest-only, fixed-rate loans through PGIM Real Estate Finance.
Jolene Wollett
December 31, 2017Inland adds Union West for $81 million
Inland paid more than $303,000 per unit for the 267-unit community at 35 Van Gordon St. in Lakewood.
Jolene Wollett
December 29, 2017