Arvada apartment building purchased by Boulder investors for $10.8 million
Jefferson County Property Location: 12155 W. 58th Place, Arvada Property Description: 58-unit, three-story apartment building with 60,208 sf, YOC 1982, brick construction with mansard roof Land Size: 2.36 acres Sales Price: $10.83M, or $186,638 per door, or $179.79 psf Reception No.: 2017102020 Closing Date: 10/3 Grantor: 29SC Village West LP, Stanley Beraznik, mgr., 312-379-8934 Grantee:…
John Winslow
November 3, 2017Englewood-Oxford Station Apartments sell for $60 million
Arapahoe County Property Location: 4141 S. Navajo St., Englewood, “Oxford Station Apartments” Property Description: 238-unit, five-story apartment building with 206,017 sf rentable, YOC 2016, brick/frame construction Land Size: 3.428 acres Sales Price: $60M, or $252,101 per unit, or $291.24 psf Reception No.: D7122194 Closing Date: 10/26 Grantor: Oxford Station Investors LLC, Jonathan Bush, mgr. Grantee:…
John Winslow
November 1, 2017Partnership pays $121.6M for Parkhouse
Starlight Investments, a Toronto-based privately held, full-service real estate investment and asset management company, with Canadian pension funds Public Sector Pension Investment Board and Alberta Investment Management Corp., purchased the 465-unit community at 14310 Grant St.
Jolene Wollett
October 30, 2017Experiential Design: The Key to Human Spaces
Approaching downtown Denver from the west, growth, and therefore change, is undeniable. Cranes fill the skyline and as the descent from Millennium Bridge is made, an area devoid of hardly any structures just five years ago is now teeming with activity. In this sea of development, as an architect, it’s fascinating to consider what creates longevity in place-making and drives a compelling human experience.
Building Dialogue
October 30, 2017Greenwood Park apartments sell
The buyers purchased the 291-unit Greenwood Park property in a value-added play.
Jolene Wollett
October 29, 2017Bruteig brings ‘cold, hard facts’ to CREJ conference
Bruteig’s bully pulpit. Cary Bruteig, the go-to apartment authority for everyone in the multifamily business, book-ended the half-day multifamily conference last week that drew about 500 brokers, lenders, developers and others on the ground floor of the Front Range apartment market. Bruteig not only provided a detailed analysis of where the Denver-area and Front Range…
Kris Oppermann Stern
October 25, 2017Market Station promises ‘great energy’
The once-bustling Market Street Station will come rolling back to life with Continuum Partners beginning a $200 million redevelopment of the site at 16th and Market streets. The new Market Station, to be completed in summer 2019, will turn the former Regional Transportation District bus terminal on the 16th Street Mall into a mixed-use hub…
Kris Oppermann Stern
October 23, 2017Apartment sale sets off chain of Northern Colorado transactions
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Kris Oppermann Stern
October 23, 2017S’Park lights up with construction of office, multifamily buildings
S’Park is beginning to take shape at Boulder Junction with the approximately $100 million development of two key parcels. The development team led by Element Properties, The John Buck Co. and Kinship Capital kicked off construction of Market, a 50,000-square-foot, four-story office building where Upslope Brewing Co. will have a first-floor brewpub, and Timber, a…
Kris Oppermann Stern
October 23, 2017ColRich closes on fifth apartment within a 1-mile radius in southeast Denver
Adams County Property Location: 9757 E. Colorado Ave., Denver, “Park at Canyon Ridge” Property Description: 272-unit, three-story apartment complex, 213,396 sf net rentable area, YOC 1986 Land Size: 12.93 acres Density: 21 units per acre Sales Price: $44.9M, or $165,074 per door, or $210.41 psf Reception No.: D7116001 Closing Date: 10 Grantor: CG Park LLC,…
John Winslow
October 20, 2017