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, […]

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…

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…

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.

Milestone Apartments Real Estate Investment Trust purchased the six-property 1,460-unit portfolio, which included the 276-unit Talon Hill apartments in Colorado Springs and the 168-unit Eagle Ridge apartments in Loveland.

Adams County Property Location: NEC W. 116th Ave & Pecos St, Westminster Property Description: Vacant land, proposed 320-unit Crescent Apts. Land Size: 17.586 acres Sales Price: $5.9M, or $7.70 psf, or $18,438 per buildable unit Reception No.: 20160000102279 Closing Date: 11/22 Grantor: IBC Denver VIII LW IV LLC, Brian C. Mott, mgr. Grantee: Park 12Hundred Venture LLC, Holland…

Denver County Property Location: 2101 S. Depew St., or 5601 W. Green Meadows Pl., Denver Property Description: 23-unit, three-story apartment building, 13,773 sf, YOC 1961, brick construction; 23-unit, three-story apartment building, 13,773 sf, YOC 1962 (total of 27,546 sf & 46 units) Land Size: 36,784 sf Sales Price: $4.6M, or $100,000 per door, or $166.99 psf Reception…

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The buyer paid $67.3 million for the 315-unit community in a transaction that represented not only the highest price ever paid in Colorado Springs but also pricing around $50,000 per unit above the previous record sale.