Central Denver apts. trade for $140 million
A joint venture between Urban American and Madison International Realty purchased a “one-of-a-kind” asset – the largest value-add apartment community in central Denver. The partnership paid a reported $140 million, or $304,348 per unit, for the Marquis at the Parkway, a 460-unit multifamily property at 1170 Galapago St. in Denver. “Despite COVID-19-related challenges, the sellers […]
Jennifer HayesOctober 19, 2020
Advenir at Spring Canyon apts. sell for $69.3 million
A new buyer to the Colorado Springs market purchased the Advenir at Spring Canyon apartment community at record pricing. Benedict Canyon Equities paid $69.3 million, according to public records, for the 292-unit community at 4510 Spring Canyon Heights. At $237,329 per unit, the price appears to be a record per-unit price paid for 1990s product…
Jennifer HayesJanuary 6, 2020
A Case for Putting in the Work to Deliver Value
There is a large and critical difference between value thinking and bottom-line thinking. To ensure a project thrives, it’s essential to understand this difference.
Building DialogueOctober 15, 2018
Investor tip: Are core assets worth the risk?
Are you looking to make modest investment gains, play it safe or create wealth? All investments come with risk, but ideally the return is a direct reflection of the risk. I submit that core real estate investments, despite
CREJSeptember 22, 2018
Advenir at Saddle Rock apts. sell for $72.18 million
Advenir at Saddle Rock, renamed The Fletcher Southlands, also is located near Southlands and is equidistant from the Anschutz Medical Campus and the Denver Tech Center.
Jennifer HayesMarch 4, 2018
Value-add market continues its competitive pace
Value-add properties are as in demand as ever, making the market a reliably competitive asset class for multifamily investors across Colorado. In general, a value-add opportunity represents a multifamily asset in which a new
Michelle AskelandFebruary 19, 2018
Oak Coast buys Aurora Hills for $96M
Oak Coast Properties picked up its seventh metro Denver acquisition – boosting its local portfolio to more than 3,000 units – with its purchase of Aurora Hills Apartments.
Jennifer HayesJanuary 8, 2018
Priderock Capital picks up The Preserve for $47 million
Priderock Capital Partners purchased The Preserve at Hidden Creek, a 240-unit community at 5910 Vista Ridge Point.
Jennifer HayesDecember 11, 2017