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Medici Communities acquires land for $19 million, 111-unit multifamily/retail development

Arapahoe County Property Location: 3401 S. Broadway, Englewood Property Description: Vacant land Land Size: 80,490 sf (see D6083126 for file plat) Sales Price: $1.7M, or $21.12 per sf, or $15,315 per buildable unit Reception No.: D6083125 Closing Date: 7/28 Grantor: Englewood Urban Renewal Authority, S. Brad Power, exec dir. Grantee: Broadway Lofts LLLP, Troy Gladwell, mgr.,…

John Winslow

August 9, 2016

Gunbarrel Center opens midrise urban apartment building

A midrise, urban-style apartment building is open at Gunbarrel Center, a new apartment community located at 5340 Gunbarrel Center Court in Boulder. The first of its kind in Gunbarrel, the 3-story building is constructed around a parking garage with residences accessed via elevators – a popular feature during winter months. A variety of innovative amenities are also…

CREJ

August 3, 2016
Winslow Report

Winslow Report 8-3-16

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

August 1, 2016

Simpson buys two LoDo apartment communities

Denver-based Simpson Housing recently purchased two prized apartment communities in the LoDo/Ballpark neighborhood area of downtown Denver. Simpson Housing beat out numerous other potential buyers and paid $81.9 million, or $362,389 per door, for the 226-unit TwentyOne|01 apartment community at 2010 Market St. As part of the same transaction, Simpson also paid $62 million, or…

Kris Oppermann Stern

August 1, 2016
Seagate

Seagate buys One Belmar Place

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

August 1, 2016

HFF’s Simon arranges Brighton financing

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

August 1, 2016

Centre apartment community sells for $15M

The Centre is one of the oldest apartment communities of more than 50 units in all of Colorado Springs.

Jolene Wollett

July 29, 2016
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SW Denver 1970s vintage apartments command record price of $146,429 per door for area

Denver County Property Location: 1330 W. Mississippi Ave., Denver, “Mariposa Apartments” Property Description: 42-unit, 4-story “walk-up style” apartment complex, 25,592 sf, YOC 2071, brick construction Land Size: 43,750 sf Sales Price: $4.53M, or $146,429 per door, or $177.17 per sf Reception No.: 2016098458 Closing Date: 7/26 Grantor: Mariposa Apartments LLC, Jeffrey L. Young, mgr. Grantee: ML…

John Winslow

July 28, 2016
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140-unit affordable housing community sells for less than $150,000 per door

Denver County Property Location: 3001 Fox St., Denver, “Diamond at Prospect Apartments” Property Description: 140-unit, 4-story apartment complex, 123,064 sf, YOC 2005; 64 one-bedroom units; six two-bedroom/one-bath units; 63 two-bedroom/two-bath units & seven three-bedroom/two-bath units Land Size: 2.21 acres Sales Price: $20.5M, or $146,429 per door Reception No.: 2016092476 Closing Date: 7/12 Grantor: MS Reserve Prospect…

John Winslow

July 20, 2016
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DIA TOD site sells to MGL for $2.2 million

Denver County Property Location: NEC Salida Way & East 61st Avenue, Denver, “TOD site” Property Description: Vacant land, 218-unit apartment complex with 3-story buildings and tuckunder parking to be developed toward the end of 2016 Land Size: 6.52 acres Sales Price: $2.2M, or $7.75 per sf, or $10,092 per buildable unit Reception No.: 2016093136 Closing Date:…

John Winslow

July 19, 2016