A persistent gripe in developer circles is the constant upward movement of construction costs. This has been a substantial brake on the fast-moving train of new construction within the Denver market. Steadily rising

Life insurance companies increasingly are a better option than Fannie Mae or Freddie Mac for investors buying apartment buildings, according to veteran mortgage banker Peter Keepper. Freddie and Fannie, known as government sponsored enterprises, or GSEs, have been the single biggest lenders for multifamily acquisitions in Denver and across the U.S. in recent years. Keepper…

The Wolff Co. sold the 360-unit asset, completed in 2016, at 8000 Uptown Ave. in Broomfield.

Adams County Property Location: 502 E. 102nd Ave., Thornton, “Quail Ridge Apartments” Property Description: 140-unit, two- and three-story apartment building with 118,096 sf, YOC 1985, frame construction Land Size: 6.2 acres Sales Price: $22.38M, or $159,821 per unit ,or $189.47 psf Reception No.: 96242 (2017) Closing Date: 10/27 Grantor: Green Leaf Quail Ridge LLC c/o…

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:…

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:…

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.

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.

The buyers purchased the 291-unit Greenwood Park property in a value-added play.

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…