BrokerageMultifamily

CBRE Completes $41.8M Sale of Highpointe Park Apartments in Thornton

Thornton, CO – CBRE Denver Multifamily Investment Properties, which recently completed the sale of Highpointe Park Apartment Homes, a multifamily property located in North Denver at 9701 Pearl Street in Thornton, Colorado. Built in 2013, the 220-unit property includes 206,570 total rentable square feet. The sales price was $41.8 million or …

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BrokerageMultifamily

48-Unit Apartment Building Sold by Marcus & Millichap

Lakewood, CO –  Marcus & Millichap recently today announced the sale of Maplewood Apartments, a 48-unit apartment property located in Lakewood, Colorado, according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $5,600,000. Brian Haggar, apartment specialist in Marcus & Millichap’s Denver office and …

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BrokerageMultifamily

Sloan’s Lake Apartments Sold by CBRE

Lakewood, CO – CBRE, Inc. recently represented Goldman Sachs in the sale of Sloan’s Lake Apartments, located at 6792 West 19th Place in Lakewood. The complex was built in 1986 and includes 191 units. Aukum Management of Larkspur, California, purchased the property for a confidential price in a sale that …

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DevelopmentMultifamily

HFF Secures $77.5 million for Apartment Communities in Two Major Colorado Markets

Centennial & Boulder, CO –  Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured $40.2 million in financing for Fox Ridge Apartment Homes in Centennial, Colorado and $37.3 million in financing for Canterwood Apartments in Boulder, Colorado. HFF worked on behalf of the borrower, a REIT sponsored by Resource …

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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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