transactions
Transactions

Transactions Report Week of 09.11.17

REC Facilitates Multi-Year Lease at Zeppelin Station Real Estate Consultants of Colorado, LLC is pleased to report a new multi-year lease to Tokken, Inc. for commercial space located at Zeppelin Station in Denver. REC Senior Consultant, Elizabeth M. Leder, worked on behalf of the tenant while providing a full range …

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transactions
Transactions

Transactions Report Week of 09.04.17

NavPoint Real Estate Group Sells Prime Development Land in Booming Castle Rock for $5M NavPoint Real Estate Group is pleased to announce the sale of 48.166 acres of land at Citadel Station in Castle Rock. The seller was Fenway Partners, LLC and the buyer was Citadel Development, LLC. Matt Call and John Witt of …

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transactions
Transactions

Transactions Report Week of 08.28.17

Belmar Villas Sell for $63M ARA Newmark announced this week the record per-unit sale of Belmar Villas for $63,300,000, $199,057/unit. Located at 700 South Reed Court in Lakewood, the seller Seagate Colorado Partners, LLC sold the community to Steadfast Apartment REIT III. ARA Newmark Vice Chairman Shane Ozment said, “Belmar Villas’ record per-unit price for …

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transactions
Transactions

Transactions Report Week of 08.21.17

90s-Vintage Asset Attracts Competitive Buyer Interest to One of Strongest Markets in Nation ARA, A Newmark Company (ARA Newmark) announces the $44.5 million sale of Commons at Briargate, a 194-unit asset located in Colorado Springs, CO. The property sold for over $229,000 per unit, setting a record for the highest …

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transactions
Transactions

Transactions Report Week of 08.14.17

Griffis Residential Sells Griffis North Metro Apartments Griffis Residential, a Denver-based multifamily investment and management firm, announced today that it has sold Griffis North Metro, a 562-unit, Class-A apartment community located in Northglenn, CO. Under Griffis Residential ownership and management from June 2013 to August 11, 2017, the value of …

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transactions
Transactions

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 seller, …

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transactions
Transactions

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, LLC, …

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transactions
Transactions

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 the …

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transactions
Transactions

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 second …

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transactions
Transactions

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 units …

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