Apartment development site sells for $8.13M
Denver County Property Location: 3200 W. Colfax Ave., Denver Property Description: Land value Land Size: 177,497 sf, or 4.07 acres Sales Price: $8.13M, or $45.78 psf, or $21,667 per buildable unit Reception No.: 2016181059 Grantor: Shanghai Land Investments LLC, Woon Ki Lau, mbr. Grantee: Vue at Mile High LLC, Embrey Partners Ltd., 210-824-6044, Brent Goodwin, VP, 1020 NE Loop…
John Winslow
January 11, 2017Glendale apartments sell to California investor for $263,000 per door
Arapahoe County Property Location: 650 S. Dahlia St., Glendale, “Alister Cherry Creek Apts.” Property Description: 324-unit apartment complex with 188 units renovated, w/18 three-story buildings plus clubhouse, 305,020 sf rentable, YOC 1995, 244 open parking spaces, Land Size: 15.2 acres Sales Price: $85.15M, or $262,812 per unit, or $279.17 psf Reception No.: D6148620 Closing Date: 12/13 Grantor: H Creek Apartments…
John Winslow
January 4, 2017Winslow Report 1-2-17
The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…
John Winslow
January 2, 2017Grand River Canyon sets record at $73.3M
“With job growth, rent growth, minimal construction and low vacancy, Colorado Springs checks all of the boxes of a model multifamily investment market."
Jolene Wollett
January 1, 2017Georgia developer plans 198 apartment units
Broomfield County Property Location: 453 Summit Blvd., Broomfield Property Description: Vacant land, 198 units proposed Land Size: 7.34 acres Sales Price: $3.2M, or $10 psf, or $16,162 per buildable unit Reception No.: 2016016338 Closing Date: 12/13 Grantor: Summit Green Apartments LLC, Jonthan W. Bullen, mgr. Grantee: DD Summit Blvd LLC, c/o Davis Development, 770-474-4345, 403 Corporate Center Drive, Suite…
John Winslow
December 31, 2016Denver’s Seagate Properties acquires Class A apartments
Broomfield County Property Location: 8500 Arista Place, Broomfield, “Arista Uptown Apts.” Property Description: 272-unit apartment complex w/eight three-story buildings plus clubhouse, 225,073 sf rentable; YOC 2013 Land Size: 6.68 acres Sales Price: $65M, or $238,971 per unit, or $205.13 psf Reception No.: 2016015111 Closing Date: 11/21 Grantor: Arista Uptown Colorado LLC by: Jed B. Milburn, mgr., 801-961-1372 Grantee: Seagate Arista Associates…
John Winslow
December 29, 2016Sloans apartment sells for $103 million
Castle Lanterra Properties paid $102.8 million for the 369-unit Alexan Sloan’s Lake apartment community, marking its first purchase in Denver. CLP, based in New York City, purchased the 369-unit, […]
Kris Oppermann Stern
December 22, 2016Regatta Apartments trade for $30.8 million
Adams County Property Location: 11450 Melody Drive, Northglenn, “Regatta Apartments” Property Description: 168-unit apartment complex w/seven three-story buildings plus clubhouse, 150,150 sf rentable, YOC 1999, 244 open parking spaces, Land Size: 7.84 acres Sales Price: $30.8M, or $183,333 per unit, or $205.13 psf Reception No.: 20160000108775 Closing Date: 12/13 Grantor: Bascom Melody Drive Apartments LLC, c/o Bascom Group, Jerome…
John Winslow
December 20, 2016Adams County apartments close for $112.6 million
Adams County Property Location: 10500 Irma Drive, Northglenn, “Regatta Apartments” Property Description: 352-unit apartment complex w/22 two-story buildings plus clubhouse, 322,648 sf rentable, YOC 2000, 571 open parking spaces & 142 detached garages – total of 713 parking spaces, brick on frame construction Land Size: 22.79 acres Sales Price: $81.8M, or $232,386 per unit, or $253.53 psf…
John Winslow
December 19, 2016Vineyards apts. trade for $55.25M
LocalConstruct, a private real estate investment and development company based in Los Angeles, added to its Colorado Springs holdings with its $55.25 million acquisition of the Vineyards.
Jolene Wollett
December 18, 2016