Affordable HousingConstructionDevelopmentMultifamily

Overland Property Group Opens Mixed-Income Community in Green Valley Ranch

On Thursday, Oct.27 Overland Property Group celebrated the grand opening of The Reserves at Green Valley Ranch mixed-income apartment community. Managed by Mission Rock Residential, the 216-unit community will help alleviate the City of Denver’s growing housing affordability challenges. “Our team has focused on the development of mixed-income housing since our company’s …

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ConstructionDevelopmentMultifamily

Origin Investments & Massimino Development Complete Multifamily Project Near Boulder

The phased construction of Farm Haus Apartments in Longmont is nearly complete and the lease-up of the new community is taking place at a strong pace averaging 30 move-ins per month. Farm Haus Apartments is a joint venture development between Chicago-based Origin Investments and Boulder-based Massimino Development. Farm Haus Apartments …

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BrokerageMultifamily

Historic Apartment Community in Denver’s Uptown Sells for $8.4M

Uptown Terrace, a 34-unit apartment community in downtown Denver’s Uptown neighborhood, has sold to Quantum Capital, as part of a 1031 exchange, for $8.4 million. Erik Toll, Andy Hellman, Justin Hunt, Brad Schlafer and Jessica Graham with CBRE’s multifamily investment properties team in Denver represented the seller, Cohen Rojas Capital Partners. …

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ArchitectureConstructionDevelopmentMultifamily

Pinnacle Partners and Mortenson Development Announce Plans for Opportunity Zone Project

Opportunity Zone real estate investment management firm Pinnacle Partners, in partnership with Mortenson Development, is planning to develop a new multifamily housing development located at 2506 W. Colfax Avenue in Denver. Pinnacle Partners is investing 100 percent of the limited partner equity, and Mortenson Development is serving as the developer …

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ArchitectureConstructionDevelopmentEventsMultifamilyTransit

Cypress Equity Investments Hosts Grand Opening Event for Revel Apartment Community in Aurora

Cypress Equity Investments (CEI), a national multifamily developer, hosted Aurora Mayor Mike Coffman at a Grand Opening Celebration on Thursday, October 13 for Revel, a 300-residence transit-oriented apartment community in Aurora. Located just off I-225 and within walking distance of 2nd Ave. & Abilene Station on Denver RTD’s R light rail line, the category-defining garden-style community provides easy access to …

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BrokerageDevelopmentInvestmentMultifamily

ACRE Closes on $52.7M Loan for ‘Johnstown Plaza’

ACRE, a global real estate private equity firm, recently finalized a $52.7 million loan with a joint venture between Graycliff Capital Partners and Buligo Capital Partners, to support the newly-built Class A multifamily community ‘Johnstown Plaza,’ in Johnstown, Colorado. Issued through ACRE’s debt fund “ACRE Credit I”, the loan will facilitate …

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BrokerageInvestmentMultifamily

Luxury Apartment Property in the Denver Tech Center Sells for $115M

Denver-based EverWest Real Estate Investors has completed the sale of Peakview Apartments, located in the heart of the Denver Tech Center, for $115 million. The 4-story luxury community, located at 7700 E. Peakview Ave., was sold to Griffis Residential, a multifamily real estate investment company that owns and manages approximately 8,000 apartment homes in …

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Affordable HousingAwardsConstructionDevelopmentDiversityMultifamily

Trailhead Community Awarded $5K Grant from ALTA Good Deeds Foundation

The American Land Title Association (ALTA) Good Deeds Foundation, a registered 501(c)(3) charitable organization founded by ALTA, the national trade association of the land title insurance industry, has awarded $5,000 to Trailhead Community in Littleton. Dora Mobley, closing director of Windmill Title, LLC in Nashville, Tenn., nominated the nonprofit to …

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DevelopmentEnergyMultifamilyOffice

New Cushman & Wakefield Report Details Denver’s Trajectory Approach to Building Decarbonization

According to a new Cushman & Wakefield report: Denver’s Innovative Building Performance Standard Legislation, an estimated 40 percent of global greenhouse gas emissions come from the built environment. Because the built environment is concentrated in urban communities, cities are playing a major role in achieving the goal of decarbonizing the world. …

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BrokerageInvestmentMultifamily

Apartment Property in Denver Opportunity Zone Sells for $10.5M

Denver-based Tekton Group, a real estate private equity firm with a deep investment history in Colorado, has purchased The Mile Apartments — located in an opportunity zone at 1598 Hooker Street near Sloan’s Lake Park and Mile High Stadium — for $10.5 million. The 24-unit building is a brand-new construction 5-story building, …

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