Transactions Report Week of 08.07.17
$75.25 million sale of Gateway Park Apartments in Denver closed by HFF Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $75.25 million sale of Gateway Park Apartments, a 328-unit, Class A garden-style multi-housing community located in Denver. HFF marketed the asset on behalf of the... Read more
Transactions Report Week of 07/31/17
HFF secures $21.925 million financing for 2 Denver Multi-Housing Communities Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured financing totaling $21.925 million for Coronado Crossing and Valley Park Village, two Denver, Colorado, multi-housing communities comprising 388 units. Working exclusively on behalf of Boulder, Colorado-based Mountain View Capital,... Read more
Transactions Report Week of 07/24/17
Rare 1970’s-Built Apartment Community in Lowry has Sold CBRE announced this week that the Fairways at Lowry, constructed in 1973, sold for $47.5 million, including the assumption of existing debt in the amount of $26,100,000.The 450-unit community is located at 9913 East 1st Avenue in Aurora, Colorado, adjacent to... Read more
Transactions Report Week of 07/17/17
2,200 SF Leased at 7824 Park Meadows Drive Pinnacle Real Estate Advisors, LLC is pleased to announce the lease of 2,200-square-foot of retail space at 7824 Park Meadows Drive in Lone Tree, Colorado. The 14,408-square-foot building, located in the highly desirable Park Meadows retail/restaurant corridor, features a fully outfitted... Read more
Transactions Report for Week of 07/10/17
KEYBANK ARRANGES $8.5 MILLION IN FINANCING FOR COLORADO AFFORDABLE HOUSING PROPERTY KeyBank Community Development Lending & Investment (CDLI) has provided an $8.5 million bridge to Agency loan for Depot Square Apartments, located in Boulder, CO. The LEED Gold Certified multifamily complex was built in 2015 and consists of 71... Read more
Transactions Report for Week of 07.03.17
Colorado Springs Apartment Complex Sells for Fourth Time Since 2014 Colliers International Multifamily Advisory Group is pleased to announce the sale of Midtown Flats Apartments (FKA Gallery Apartments) a 58-Unit Community, built in 1970. The property sold for $4,030,000 or $69,483/unit. At $138/sf, this sale represents the second highest $/sf for... Read more
Transactions Report for Week of 06/26/17
HFF closes $57.8 million sale of and arranges $46 million financing for multi-housing community in Denver Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $57.8 million sale of and arranged $46 million in acquisition financing for Silver Cliff, a 312-unit, garden-style multi-housing community in the south... Read more
Transactions Report for Week of 06.19.17
Newmark Knight Frank Sell Denver Industrial Space for $7,248,462. Newmark Knight Frank, one of the world’s leading commercial real estate advisory firms. recently announced the sale of 69,350-square-feet of industrial space located at 485 East 52nd Avenue Denver, for $7,248,462. ARA Newmark Sells Marion Place Apartments, Denver. ARA Newmark — the largest national full-service investment advisory... Read more
Transactions Report for Week of 06/12/17
CBRE CAPITAL MARKETS COMPLETES SALE OF THE CITADEL OFFICE BUILDING IN CHERRY CREEK CBRE Group, Inc. announced this week that it has completed the sale of the 130,652-square-foot Citadel office building located at 3200 Cherry Creek South Drive in Cherry Creek, Colorado. Tim Richey, Mike Winn and Chad Flynn with CBRE Capital Markets,... Read more
Transactions Report for Week of 06/05/17
ARA Announces Sale of Fairview Apartments in Aurora ARA a Newmark Company announced the sale of the Fairview Apartments, located at 14594 East Mississippi Avenue in Aurora, CO. The Apartment complex sold for $15,025,000, $150,250/unit. Western Centers Announces Leases across the Denver Metro Area Western Centers, Inc., one of Colorado’s leading private real... Read more