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600-unit Aurora apartment complex fetches $96 million

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…

John Winslow

December 18, 2017

Englewood apartments sell to Jackson Square for $52 million

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…

John Winslow

December 14, 2017
Zuni

Zuni site Main and Main in LoHi

Zuni Street is the north-south artery running through the heart of LoHi. Next week, investors will have the opportunity to bid on a rare find along Zuni Street – just shy of an acre at Zuni and West 31st Avenue, a block south of the main east-west corridor through Lower Highland, one of Denver’s hottest…

Kris Oppermann Stern

December 13, 2017

Priderock Capital picks up The Preserve for $47 million

Priderock Capital Partners purchased The Preserve at Hidden Creek, a 240-unit community at 5910 Vista Ridge Point.

Jolene Wollett

December 11, 2017

Atlanta investor closes $101 million apartment deal in northeast Denver

Denver County Address: 4699 N. Kittredge St., Denver, “Lakecrest @ Gateway Park Apts.” Improvements: 440-unit apartment, 426,510 sf, YOC 2001 Land Size: 15.22 acres Density: 28.91 units per acre Date of Recording: 11/21 Reception No.: 2017152985 Price: $101M, or $229,545 per door, or $218.49 psf Grantor: Kittredge Street Apartments LLC c/o The Bascom Group LLC,…

John Winslow

December 11, 2017

Pathfinder Partners pads portfolio with purchase

Pathfinder plans to renovate and rebrand the community as The Hadley Apartments as well as upgrade the amenity package.

Jolene Wollett

December 10, 2017

Inland adds Arterra Place to portfolio

Inland paid $49.25 million for Arterra Place, a 200-unit community at 17036 E. Ohio Drive.

Jolene Wollett

December 4, 2017
Uptown Broadway

Cardinal comes home with $35M apartment purchase in Boulder

A Denver company with thousands of apartment units across the country paid $35 million, or $301,724 per unit, for its first Boulder asset. Cardinal Group Investments purchased Uptown Broadway from an affiliate of Los Angeles-based CityView. The transaction included 116 units in 10 buildings at 4590 13th St. Uptown Broadway also has 32 affordable-housing units…

Kris Oppermann Stern

December 3, 2017

100-unit Sierra Vista apartments in Thornton sells for $17.4M

Adams County Address or Location: 9440 Hoffman Way, Thornton, “Sierra Vista Apts.” Improvements: 100-unit apartment with 94,995 sf, YOC 1972, frame & masonry construction Land Size: 6.21 acres Date of Recording: 11/01 Reception No.: 101865 2017 Price: $17.4M, or $174,000 per door, or $183.17 psf Grantor: Alta Sierra Community, Todd Kaufman, mgr., 818-235-1444 Grantee: Sierra…

John Winslow

November 28, 2017
AMLI Interlocken

Green living is important part of apartment life

Colorado’s booming housing market is creating uniquely greener lifestyle options for residents and newcomers. Much of Colorado’s recent real estate growth has been focused on multifamily living,

CREJ

November 27, 2017