BrokerageMultifamilyRenovationTransit

ArtWalk Apartments in Englewood Sell for $123.5M

Oak Coast Properties has purchased the ArtWalk Apartments at City Center, a 438-unit transit-oriented apartment community located in Englewood, for $123.5 million. The developer is planning a $4.4 million renovation as part of a continued community value-add investment strategy aimed at enhancing the apartment units and amenities for the region’s renters. “ArtWalk …

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DevelopmentMultifamily

Nine-Story Multifamily Project to Break Ground in RiNo 2021

Houston-based Transwestern Development Company (TDC®) has acquired 0.8 acres at 3712–3740 N. Downing St. in RiNo with plans to develop a Class A multifamily mid-rise project. The site is a four-parcel assemblage at the intersection of Downing and Walnut Streets. TDC will construct a nine-story building with 200 units. The …

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ArchitectureConstructionDevelopmentMultifamily

Residences at RiNo Breaks Ground

Construction of the Residences at RiNo is now underway within North Wynkoop’s 1.25 million-square-foot mixed-use development. The 11-story, mid-rise residential building will provide 397 units to the RiNo neighborhood, ranging between 542 and 1,715 square feet. Hines and investment partner Cresset-Diversified QOZ Fund have partnered on the project, marking their fourth …

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BrokerageMultifamily

Colorado Springs Apartment Portfolio Sells for $14.1M

The Haven & Mallard Meadows Portfolio in Colorado Springs, consisting of 915 Teal Court, 3110-3122 Mallard Drive & 3040,3050, 3060 Mallard Drive, a 98,841-square-foot, 128-unit portfolio, has sold for $14.1 million. This one of a kind portfolio boasts a diverse unit mix of 12 studios, 38 one bedrooms, and 78 two bedrooms. Jason …

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BrokerageDevelopmentLand SalesMultifamilyRetail

Land at Nine Mile Corner Acquired

Evergreen Devco, Inc. recently acquired the first phase of land from the Town of Erie Urban Renewal Authority for its 48-acre Nine Mile Corner mixed-use, public-private partnership, and construction activities commenced Oct. 5. Located at the southeast corner of intersection U.S. 287 and Arapahoe Road, Nine Mile Corner consists of approximately …

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BrokerageMultifamily

Marquis at the Parkway in Downtown Denver Sells for $140M

A joint venture consisting of Urban American and Madison International Realty has purchased Marquis at the Parkway, a 460-unit multifamily community located at 1170 Galapago Street in Denver. The three-tower property sold for $140 million, according to property records. Newmark Knight Frank Vice Chairmen Shane Ozment and Terrance Hunt together with Senior …

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ConstructionDevelopmentMultifamily

115-Units at Affordable Price Point Under Construction in Santa Fe Art District

Construction has begun for the development of Art District Lofts located at 1275 Santa Fe Drive in Denver.  The entitled eight-story project will include 115 apartment units and 2,622 square feet of ground-floor retail space. Parkview Financial provided a $26 million construction loan to developer CRE Development Investments. Completion is …

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Affordable HousingInvestmentMultifamily

Affordable Housing Community in Westminster Gets $42M Investment

Westminster’s 252-unit Toscana Apartments, located at 84th and Sheridan, has received a $42 million investment that will ensure the community remains affordable for the long-term. Maiker Housing Partners, a progressive housing authority and socially conscious community developer in Adams County, and The Community Development Trust (“CDT”), a national investor in …

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MultifamilyTechnology

Denver-based Property Mapping Tech Company Raises $3.7M to Fuel Expansion

Property mapping technology company Engrain, has raised $3.7 million in new funding to fuel its national expansion. The round was led by RET Ventures, an industry-backed venture fund focused on single- and multi-family rent tech, along with participation from existing investors. For Engrain, the funding validates the success of the company’s …

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BrokerageMultifamily

Lofts at Lincoln Station Sells for $30.5M

The Lofts at Lincoln Station apartment building located at 9375 Station Street in Lone Tree, has sold for $30.5 million. Boston-based Eaton Vance purchased the property in a sale that closed Sept. 30. Built in 2015, Lofts at Lincoln Station totals 102 units. The four-story building offers one- and two- bedroom apartments with an …

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