BrokerageMultifamily

300-Unit Luxury Multifamily Community in Lowry Sells for $105M

The Connor Group, a Dayton, Ohio-based real estate investment firm, has purchased Alas Over Lowry (formally Broadstone Lowry), a 300-unit luxury multifamily community located at 8505 Lowry Boulevard in Denver’s Lowry redevelopment, for $105 million. Newmark Knight Frank (NKF) Vice Chairmen Terrance Hunt and Shane Ozment, with Senior Transaction Manager Amanda Meldrum and Transaction …

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BrokerageMultifamilyRent

17-Unit Apartment Community Sells in Congress Park

Lord Stanley Apartments, a 17-unit apartment community in Denver’s Congress Park neighborhood, has sold for $3,141,000. Boomer Beatty and Peter Standley, vice president investments in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a private investor. Beatty and Standley also …

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BrokerageMultifamily

AQYRE Real Estate Advisors Brokers the Sale of Four Denver Multifamily Properties

This week, Denver-based AQYRE Real Estate Advisors, LLC, a boutique firm offering personalized and streamlined commercial real estate services to help investors build wealth, announced the sale of four multifamily investments in Denver. 59 & 65 N. Ogden Street AQYRE sold two multifamily investments, 59 & 65 N. Ogden Street, in …

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BrokerageMultifamily

Volta at Voyager Apartments in Colorado Springs Sell for $52.6M

Mountain View Capital has purchased the Volta at Voyager multi-housing property in Colorado Springs for $52.6 million. JLL represented the seller, BY Development, to complete the sale to Mountain View Capital. JLL, on behalf of Mountain View Capital, secured a 4-year interest-only loan with a 3.25% interest rate at proceeds equivalent …

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InvestmentMultifamily

California Firm Enters Denver Market with $38M Multifamily Purchase

Trion Properties, a Los Angles-based real estate private equity firm that specializes in multifamily investments in western markets, has acquired The View at North Peak, a 288-unit multifamily community located at 10701 North Pecos Street in Northglenn. The mixed-income property was purchased in an off-market transaction for $38 million. Trion …

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ArchitectureConstructionDevelopmentMultifamily

Luxury Mixed-Use Community, The Pullman, Now Complete in Union Station

Construction is complete at Greystar’s luxury apartment and retail community The Pullman, located in the heart of Denver’s lively Union Station neighborhood. Now home to several residents, the 13-story, 168-unit boutique community offers an array of resort-like amenities along with expansive rental apartments, ranging from 819 to 3,784 square feet. Equipped …

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BrokerageMultifamily

Multifamily Property in Thornton Sells for $53.6M

Highpointe Park, a 220-unit multifamily property located at 9701 Pearl Street in Thornton, has sold for $53.6 million. David Potarf, Dan Woodward, Matt Barnett and Jake Young with CBRE Capital Markets in Denver represented the seller, Hamilton Zanze. An undisclosed buyer purchased the community in a sale that closed August 13. “Located a …

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BrokerageDevelopmentMultifamily

Texas-based Developer Buys 7.8 Acres in Westminster for 261-Unit Multifamily Development

The Dinerstein Companies, a professional property construction, development and management company based in Houston, TX., has purchased 7.8 acres of land at the northwest corner of Westminster Boulevard and West 109th Avenue in Westminster. Dinerstein will build a 261-unit apartment community. Newmark Knight Frank Executive Managing Director Chris Cowan, Associate Director Bryon …

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BrokerageConstructionDevelopmentMultifamily

Alpine Investments Secures $12.9M Loan for 39 Units in Denver

Alpine Investments has secured a $12.99 million construction loan for the construction of 39Tenn Apartments, a 39-unit multi-housing and retail development located at 3870 Tennyson Street in the Berkeley neighborhood of Denver. The 39Tenn development will be a total of 36,278 square feet, consisting of 39 upscale units totaling 31,633 …

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ConstructionDevelopmentMultifamily

Construction Complete on Longmont’s First Large-Scale Urban Apartment Community

Mass Equities, Inc. (MEQ), a private equity real estate investment firm, together with Brinkman Construction, announced the completion of the first phase of South Main Station, including four of the five-building, multi-family and mixed-use project at the intersection of First Avenue and Main Street in Longmont. Part of the larger redevelopment …

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