South Federal Flats Breaks Ground
On April 19, CO Investment LLC and Sustainable Design Build began construction on South Federal Flats, a multifamily commercial apartment complex, following a long process with Denver’s developmental services. South Federal Flats will be located near the intersection of Yale and Federal Blvd at 2720 S Federal Blvd, in Denver. The 57-unit apartment complex …
TruAmerica Multifamily Acquires Thornton Apartment Community
Los Angeles-based TruAmerica Multifamily has added to its extensive holdings in Colorado with the acquisition of Village on Cypress, a 220-apartment home community in Thornton, in an off-market transaction. The garden-style community is located at 8960 Cypress Drive just nine miles north of downtown Denver. Major employers in the region …
Crescent Communities to Break Ground on Third NOVEL Project
Crescent Communities and Oxford Properties Group (“Oxford”) wil break ground later this month on new multifamily community in Uptown Denver. Located at 1557 North Logan Street, NOVEL Uptown will be just a few blocks from Denver’s bustling business district in a unique position between the historic Uptown and eclectic East Colfax neighborhoods. …
Apartment Building in Wash Park Sells to California-Based Buyer
Domain at Wash Park, a mid-rise multifamily property, located at 300 South Lafayette Street in Denver, has sold for $9 million, $450k per unit, or $548 per square foot, to an undisclosed California-based buyer. The property was 95 percent occupied at the time of the sale. Senior Directors Nick Steele and John Laratta and Directors …
Transit-Oriented Apartment Community Breaks Ground in Denver’s Globeville
Highland Development Company (HDC), a Denver-based real estate development company, has broken ground on its newest multifamily residential community—Iota Fox Station—in Denver’s Globeville neighborhood, one block from the 41st and Fox transit station. The 148-unit, transit-oriented, apartment community is scheduled to open in the summer of 2023. The general contractor …
Construction of 78 Market-Rate Rental Units Underway in Parker
Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, recently began construction of Farmhouse Villas, a 78-unit housing complex in Parker. The 13-acre space of native land is being developed into a market-rate rental complex that will include a clubhouse, swimming pool, carports, and additional shared common spaces. The 78 …
Construction Begins on 61 Affordable Homes in Cole Neighborhood
Denver’s Department of Housing Stability (HOST) recently joined with Mile High Ministries to celebrate the groundbreaking of a new 61-unit affordable apartment community, Clara Brown Commons. The project represents the first phase of redevelopment of an entire city block for affordable housing, which at full buildout will include rental and …
Alliance Residential to Build 332 Multifamily Residences at Sterling Ranch
Alliance Residential has acquired land within Sterling Ranch, a 21st century master-planned community providing residents with an innovative and amenity-rich place to call home, for the construction of a 332-unit, boutique, resort-style apartment community. The community, which will be named Broadstone Sterling Ranch, will be a blend of three- and four-story buildings with integrated clubhouse …
236-Residence High Rise to Break Ground in DTC Later this Month
Legacy Partners, a privately-held national real estate firm, and Pacific Life, a provider of equity and debt capital to the real estate market, will break ground this month on Araceli DTC, a 236-residence Class A, NGBS Green Certified Gold high-rise in Denver. “Araceli DTC will be a market-leading multifamily high-rise project …
Aurora Apartments Give Renters the Most Bang for their Buck [RentCafe Study]
With the rental season already kicking in, RentCafe ranked the 100 largest cities in the U.S. based on how much apartment size they offer on a $1,500 budget. Denver is one of the top large urban areas in the country where $1,500 will stretch less than 700 sq. ft. in …
