Hamilton Zane Acquires Keystone Apartments in Northglenn
DENVER – Real estate investment firm Hamilton Zanze (HZ) has acquired the 208-unit Keystone Apartments in Northglenn. The $39.5 million purchase closed October 11th. ARA, A Newmark Company represented the seller – Aukum Group – in the transaction. Built in 1986, Keystone Apartments is located at 12150 Race Street in Northglenn. The property is just one …
Groundbreaking: Confluence Fort Collins
DENVER – Saunders Development, the real estate development arm of Saunders Construction, Inc., and [au]workshop celebrated the groundbreaking of Confluence Fort Collins on Oct.1, 2018. The new mixed-use, residential, retail and office building in the River District will be a new place to live, work and play in downtown Fort Collins, located at the …
MEP to Provide Engineering Services for New Lakewood Apartments
LAKEWOOD – MEP Engineering (MEP) has been selected to provide engineering design services for a new apartment community at 9998 W. Jewell Ave. The firm will work with developer Metro West Housing Solutions and Studio 646 Architecture on a four-building apartment complex called Sage Corner — formerly known as Indigo, Lakewood. The buildings, totaling approximately 44,200 square feet, with …
Glendale Apartment Community Sells for $93M
DENVER – Esprit at Cherry Creek, a multifamily community located at 5001 East Mississippi Avenue in Denver’s Glendale/Cherry Creek neighborhood has sold for $93 million. Espirit was built in 1974 and consists of 561 one and two-bedroom unit apartments across nine rental buildings. Dan Woodward, David Potarf and Matthew Barnett with CBRE represented …
KTGY-Designed Community Receives 2018 Multifamily Executive Grand Award
DENVER – A community designed by KTGY Architecture + Planning’s Denver office has been recognized as part of the 2018 Multifamily Executive Awards program, which celebrates excellence within the multifamily industry. Solana Olde Town Station, a 352-unit rental community, received Grand recognition, the competition’s highest honor, in the Garden-Style Apartment category. In total, …
238-Unit Apartment Complex Coming to Denver’s Five Points
A 238-unit apartment complex is coming to 600 Park Ave. West in Five Points. According to plans submitted by the city, Kansas City-based Alsation Land Co. is the developer. 600 Park Avenue will be a 13-story building with 45 studio units, 147 one-bedroom units, and 46 two-bedroom units. Alsation purchased …
Groundbreaking: New $87M Aimco Development in Aurora
AURORA — Apartment Investment and Management Company (Aimco) have begun construction of 253 new homes which will offer a diverse mix of residential apartments and a new standard of living on the site of the former Fitzsimons Army Medical Center. The new development will be in close proximity to 21 Fitzsimons Apartment …
Construction of High-End Apartments in Denver Looks to Increase
DENVER — Construction of high-end apartment buildings in Denver is on the rise according to data provided by Yardi Matrix. Denver Metro was among the most active metros in the high-end apartment sector last year — 74 percent of the apartments built in 2017 were luxury. Preliminary numbers from the first half of …
Groundbreaking: Railway Flats Multifamily Project in Loveland
LOVELAND — The first phase of McWHINNEY’s latest multifamily community in Loveland’s Centerra master-planned community broke ground this week Located in eastern Centerra off Sky Pond Drive and Centerra Parkway, the Railway Flats project is planned as two phases. Phase one will deliver 240 multifamily homes, consisting of a three-story, 297,331-square-foot multifamily …
Townhome/Apartment Complex in Henderson Sells for $34M
HENDERSON — The 167-unit Belle Creek Commons townhome/apartment complex in Henderson has sold for $34.17 million. Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with multiple Colorado real estate holdings, purchased the property. Located in the Belle Creek 171-acre master-planned community, the 10-building complex was built …