Skye 2905
BrokerageMultifamily

HFF secures $81.9 million financing for 400-unit multi-housing community in Denver

DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $81.9 million in acquisition financing for Skye 2905 Urban Flats (Skye 2905), a 400-unit, Class A multi-housing community in Denver’s North Union Station neighborhood. HFF worked exclusively on behalf of the borrower, Griffis Residential, to place the …

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DevelopmentMultifamily

Aurora’s Bright Future for Land Development

View here With more and more people moving into metro Denver the demand for housing is growing. However, Denver no longer has any room to expand which brings developers eyes to Aurora for its vast amount of undeveloped land. The city is ready to take on this opportunity, and has …

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2727 W 33rd
BrokerageMultifamily

Pinnacle Announces the Sale of a 17-Unit Apartment Building in Lower Highlands

Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of the 2727 W 33rd Avenue, Denver, CO 80211. This 17-unit multifamily property was built in 2015 and is located in the Lower Highlands Neighborhood. Each unit includes high ceilings, granite counter tops and maple wood …

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ConstructionDevelopmentMultifamily

Griffis Residential acquires urban apartment complex in downtown Denver for $126 million

View here.  Griffis Residential has purchased Skye 2905 Urban Flats for $126 million. The company plans on renaming the apartment complex to “Griffis Union Station”, and also plans to upgrade the clubhouse, common areas, exterior painting and cosmetic features. Vice President Jim DiRienzo states that this will be a long …

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ConstructionMultifamily

Multifamily Community Gets New Name, Substantial Amenity and Interior Unit Upgrades

(Denver, Colo.) – The Breakers Resort, long known as one of the most dynamic apartment communities in Colorado, is shedding its skin, unveiling a new identity and new name to go along with new ownership. Michael Stein, Founding Partner of Pensam Residential, announced that The Breakers Resort will be rebranded as TAVA Waters. As …

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Multifamily

Pinnacle announces sale of Baker District apartment building

Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 245 Bannock Street in the heart of the Baker District near downtown Denver. This building is made up of 15 total units including four one-bedroom and 11 two-bedroom apartments. The building was built in 1963. …

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BrokerageMultifamily

HFF closes $86 million sale of 350-unit multi-housing community in Broomfield, Colorado

DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Stonegate, a 350-unit, garden-style multi-housing community in Broomfield, Colorado. HFF marketed the asset exclusively on behalf of the seller. Summit Management Services, Inc. purchased the property. Stonegate has 18 two- and three-story buildings …

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BrokerageMultifamily

Pinnacle Announces Sale of 8 Unit Apartment Building Adjacent to Fitzsimons Medical Campus

Denver, CO – March 9, 2017 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 12014 East 14th Avenue in Aurora, Colorado. This 8-unit multifamily property is located at the intersection of East Colfax Avenue and Peoria Street, just a few blocks from UCHealth and the …

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Aerial
ConstructionMultifamily

More Apartments in the pipeline for Colorado Springs

View here Etkin Johnson Real Estate Partners aims to start construction on 288 apartment units at The Gateway at InterQuest, and may nearly triple that number depending on how well the initial phase goes. The initial project includes 16, three-story buildings, each with 18 units. Photo Courtesy of Etkin Johnson …

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BrokerageMultifamily

Pinnacle Announces Sale of 21 Logan Street & 1335 Gaylord Street

Denver, CO – Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 21 Logan Street & 1335 Gaylord Street located in Denver, CO. 21 Logan, a 12-unit property built in 1961, and 1335 Gaylord, a 17-unit property built in 1968, were sold together for a contract price …

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