BrokerageMultifamily

ARA Newmark Arranges Sale of Value-Add Complex in Under-Served Castle Rock Market

Castle Rock, CO – ARA, A Newmark Company (ARA Newmark) announces the $23.8 million sale of Rolling Hills located at 1129 South Eaton Circle, in Castle Rock, Colorado. Vice Chairmen, Shane Ozment, Terrance Hunt, Jeff Hawks and Doug Andrews represented the seller, Virtú Investments (Virtú), in the 186-unit, value-add sale. …

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ConstructionDevelopmentMultifamily

Gilbane Development Co. Breaks Ground West Edge Colorado Springs

Colorado Springs, CO – Gilbane Development Company broke ground on West Edge, a 187 unit housing community directly across the street from the University of Colorado, Colorado Springs campus. The architect for the project is Kitchen & Associates and the General Contractor is KBS. Asset Campus Housing will manage the property, …

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BrokerageMultifamily

Westminster Multi-Family Complex Trades Hands for $8.4M

Westminster, CO – Marcus & Millichap completed the sale of Edgewood Apartments, a 112-unit multi-family property located in Westminster, CO, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $8,400,000. Greg Price, Clayton Primm and JD Lemon, apartment specialists in Marcus & Millichap’s …

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ArchitectureConstructionDesignDevelopmentEngineeringEventsMultifamily

Event Round-Up: Denver Multifamily & Mixed Use Forum

By: Julie Wanzer, LEED AP Denver, CO – Bisnow hosted its annual Denver Multifamily & Mixed Use Forum at the Four Seasons yesterday morning. The Grand Ballroom housed a mixed crowd of 200+ attendees including developers, property managers, brokers, bankers, contractors, architects, engineers, business developers and marketers. Key Trends in Multifamily …

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DevelopmentMultifamily

ARA Newmark Organizes $32M Sale of Southwest Denver Property

Denver, CO – ARA, A Newmark Company (ARA Newmark) announces the $32.4 million sale of Fielder’s Creek in Englewood, Colorado, as investors continue to seek value-add opportunities in metro Denver to compete with newer properties. ARA Newmark Vice Chairmen Terrance Hunt, Shane Ozment, Jeff Hawks and Doug Andrews represented the …

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DevelopmentMultifamily

HFF Secures Financing for Class A Multi-housing Development in Suburban Denver

Highlands Ranch, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured equity and construction financing for the development of Solana Lucent Station, a 285-unit, Class A multi-housing community in the Highlands Ranch community of Denver, Colorado. HFF worked on behalf of the developer, ReyLenn Properties LLC, …

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DevelopmentMultifamily

Denver’s Broadway Station Plan Paves the Way for Private Development

View here Mixed-use, transit-oriented project plan passed in the Denver City Council for development along I-25 and Broadway RTD Station. Broadway Station Partners is the development group consisting of members from Cushman Wakefield. Photo credit: Gash22 at en.wikipedia 

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BrokerageMultifamily

Denver #3 City Nationwide to Move to for Millennials

Denver, CO – According to the 2016 Mayflower Movers Insight Study, Denver ranks #3 out of the top 10 cities for millennials to move. Dallas and Chicago came in at #1 and #2 respectively. The study is based on moves completed by Mayflower between January and December 2015. In a statement …

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BrokerageMultifamily

47-Unit Apartment Building Sold in Denver

Denver, CO – Marcus & Millichap, today announced the sale of Glory Apartments, a 47-unit apartment property located in Denver, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $3,200,000. Glory Apartments consists of six studio units, 33 one-bed, one-bath units, and eight …

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BrokerageMultifamily

217 Fielder’s Creek Apartments Sold for $32.4M

View Here Steadfast Apartment REIT purchased Fielder’s Creek Apartments for $32.4M Published on REBusinessOnline Photo credit: Steadfast REITs

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