Apartment Community in Northglenn Sells for $44M
San Diego-based Pathfinder Partners has acquired Echo Ridge at North Hills, a 168-unit apartment community in Northglenn, for $44.05 million. Located at 11450 Melody Drive, Echo Ridge offers a mix of spacious one- and two-bedroom units averaging 895 square feet. The property was built in 1999, and more than half of …
Koelbel Urban Homes Brings to Market 94 New Townhomes in Superior
Koelbel Urban Homes (KUH), a division of Koelbel and Company, and Resolute Investments Inc, a local real estate investment firm, have launched the sales of Montmere at Autrey Shores, a new townhome community that will bring to market 94 townhomes across 20 buildings at the shores of Autrey Reservoir, just …
Multifamily Property in Arvada Sells to California Investment Firm
Orion Real Estate Partners, a Los Angeles-based multifamily investment firm, has purchased 52nd Marketplace, a five-building, 157-unit multifamily community in Arvada. Scott Peterson, Bill Chiles and Brian Cruz of CBRE’s debt and structured finance team in San Diego arranged a $22.1 million loan for the purchase of loan on behalf …
103 Income-Restricted Residential Units Under Construction in Capitol Hill
Construction is officially underway on Capitol Square Apartments, a 103 income-restricted residential project one block from the Colorado State Capitol Building on the corner of 13th Ave. and Sherman St. in downtown Denver. Developed by Denver-based Mile High Development and Chicago-based Brinshore Development, and designed by KTGY, the new six-story, …
CBRE Brokers the Sales of Two Multifamily Properties in Denver
Robert Bratley, first vice president with CBRE Capital Markets in Denver, recently arranged the sale of two small multifamily properties in Denver: the $4.15 million sale of 4300 East Eighth Avenue and the $4.03 million sale of 1015 21st Street. 4300 East Eighth Avenue The new mixed-use (primarily multifamily) property located at Eighth …
Groundbreaking: Mixed-Use Community ‘The District’
On Wednesday April 7, Brue Baukol Capital Partners‘ latest mixed-use project ‘The District’ broke ground, adjacent to RTD’s Dry Creek Station in Centennial. Spanning over 36 acres, the mixed-use development will offer 2.5 million square feet of office space, a 200-key hotel, 1,800 residential units, and more than 30,000 square feet …
Trion Properties Acquires Two Multifamily Properties in Colorado Springs
Trion Properties, a private equity real estate firm based in West Hollywood, California, and equity partner, PCCP, LLC, an investment manager, have acquired a two-property portfolio located in Colorado Springs, for a combined total of $80 million. The properties, Quail Cove and Highland Park, total 406 units and represent an …
Berkadia Completes the Sales of Two Apartment Communities
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, recently announced the sale of two Colorado properties; a multifamily property in Englewood and a student housing property in Colorado Springs. Iron Works Village, a garden-style multifamily property, located at 519 W Amherst Avenue, Englewood, sold for $14.6 million. Iron Works Village …
Hamilton Zane Acquires Fort Collins Apartment Community
San Francisco-based real estate firm Hamilton Zanze (HZ) has made its second acquisition in the Fort Collins market with the purchase of The Wyatt, a newly-built 368-unit apartment community. Built in 2019, the community was 89.1 percent occupied at purchase. The community is located at 4701 Strauss Cabin Road in the desirable Fort …
Southern Land Company Breaks Ground on First Master-Planned Residential Community in Colorado
Southern Land Company (SLC) has broken ground on Westerly, a new 400-acre master-planned community in Erie, a first in Colorado. Located at the intersection of Erie Parkway and County Road 5, SLC will invest more than $140 million in infrastructure improvements into the Town of Erie with the project that will …