S’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, 2017
ColRich 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
Canadian investor snags Parkhouse Apartments for $121.6 million
Adams County Property Location: 14120-14310 Grant St., Thornton, “Parkhouse Apartments” Property Description: 465-unit apartment complex with 20 buildings totaling 421,960 sf; 939 parking spaces provided with 706 open spaces, including 12 attached garages totaling 49,592 sf and 233 spaces, and 19 ADA parking spaces and 93 guest parking spaces, YOC 20176, plus 6,221-sf clubhouse &…
John Winslow
October 19, 2017
AMLI invests in RiNo with $89.25M buy
Argyle Residential sold the River North property, renamed AMLI Denargo Market, which is situated within the Denargo Planned Unit Development.
Jolene Wollett
October 16, 2017
‘First-in-class’ apartments sell for $91 million
The partnership paid $91 million for the 304-unit Alara at Greenwood Village, renamed Isabella Greenwood Village.
Jolene Wollett
October 13, 2017
Steele Creek sells for $141.5 million
BMC Investments sold the 12-story, 218-unit property at a price topping $649,000 per unit.
Jolene Wollett
October 10, 2017
Buyer branches out with Colorado Springs acquisition
Green Leaf Partners paid $59.25 million, or $227,884 per unit, for the Encore at Rockrimmon, renamed Green Leaf Rockrimmon.
Jolene Wollett
October 9, 2017
HFF arranges $11.1 million loan for Peak 4420 apartments
Holliday Fenoglio Fowler LP arranged an $11.1 million loan for Peak 4420, a 209-unit apartment community in Colorado Springs.
Jolene Wollett
October 9, 2017
Capitol Hill apartment complex sells to Boulder investor
Denver County Property Location: 600 & 624 Pennsylvania St., Denver Property Description: 53-unit, five-story walk-up-style apartment building, 36,641 sf, YOC 1962 (renovated in 2015), brick construction Land Size: 31,250 sf Sales Price: $12.85M, or $242,453 per unit Reception No.: 2017124604 Closing Date: 9/18 Grantor: JM Pennsylvania, Jason McCool, mgr. Grantee: M and G LLC, Randal…
John Winslow
October 9, 2017
Hawks – CREJ apartment conference coming Oct. 19
Jeff Hawks would be disappointed if he listed a Denver area apartment community and didn't receive at least 10 offers. Hawks is seldom disappointed these days. “To a lot of people’s surprise, the apartment market is holding up fairly well. Everyone believed that we were overbuilding” and Denver’s red-hot apartment market was cooling, said Hawks,…
Kris Oppermann Stern
October 4, 2017
