There were double-digit offers for a Fort Collins apartment community that sold to a 1031 exchange buyer for $47 million. Arbors at Sweetgrass drew “a ton” of investor interest from private investors and institutionally backed funds, according to CBRE Executive Vice President David Potarf. OpenPath Investments, a California company focused on “socially responsible” investments, bought…

A $44 million first mortgage was secured by a 310-unit apartment community in Fort Collins.

The Colorado Springs-based firm paid $21 million in a value-add deal for the 152-unit community at 810 Western Drive in the burgeoning airport submarket.

Denver-based Griffis Residential paid $100.5 million for The Huron, a newly built apartment asset in the Union Station North Neighborhood.

Denver County Address: Southwest corner of Inca St. & W. 40th Ave., Denver Land Size: 31,250 sf Improvements: Land value, misc. improvements, 29 units proposed Date of Recording: 12/13 Reception No.: 2017162496 & 2017162478 Price: $3.45M, or $110.40 psf Grantor: 3931 Inca LLC & 3995 Inca St. LLC, Dennis McLin, mgr., 720-480-9347 Grantee: Railhouse Denver…

Broomfield County Address: 1030-1049 E. 10th Ave., Broomfield Improvements: 209-unit, three-story apartment complex, YOC 1973 (five buildings); and 213-unit, three-story walk-up apartment complex, 1974, 21 buildings, total 422 units Date of Recording: 12/4 Reception No.: 2017014873 & 2017014878 (2 deeds combined) Price: $63.7M, or $147,000 per door Grantor: FPA5 Birch LLC c/o Trinity Property Consultants…

Steve Ferris, Founder and principal, Real Estate Garage, Denver Introduction You can find upper Fox Street after crossing Interstate 25 on the Park Avenue West viaduct traveling north, or take the 38th Avenue exit from southbound I-25. There also is a “backdoor” access via 45th Avenue driving west out of Globeville. You also can walk…

Cortland Partners paid $101 million, or $229,545 per unit and $236.86 per square foot, for the Lakecrest at Gateway Park, a 440-unit apartment community in Denver.

Arapahoe County Address: 11850 E. Maple Ave., Aurora, “Aurora Hills Apartments” Land Size: 47 acres Improvements: 600-unit, two- to three-story apartment complex, 550,264 sf, YOC 1970, 1974 Date of Recording: 12/12 Reception No.: 2017161763 Price: $96M, or $160,000 per door, or $174.46 psf Grantor: 11850 East Maple GP LLC, James Kane, mgr. Grantee: Maple Owner…

Arapahoe County Address or Location: 10001 E. Dry Creek Road, Englewood, “The Rail @ Inverness” Land Size: 7.629 acres Improvements: 219-unit, five-story apartment, YOC 2007, 179,537 sf “rentable area,”,brick & frame construction Density: 28.7 units per acre Date of Recording: 12/5 Reception No.: D7138224 Price: $52M, or $237,443 per door, or $289.63 psf Grantor: Holland…