Transactions

Unico Properties Completes 11-asset, 27-building Portfolio Sale in Seattle and Denver Real estate investment and operating firm Unico Investment Group LLC, announced that it has sold a 27-building portfolio of repositioned historic and newly constructed office assets totaling 1.8 million square feet to Broad Street Principal Investments LLC, an affiliate …

SouthGlenn Place Apartments Acquired for $14.7M Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $14.796 million Freddie Mac loan for the acquisition of SouthGlenn Place, a multifamily property located in Littleton. The financing was originated by Ana Ramos of Greystone’s Los Angeles office, while …

HFF Announces $30.777M in Financing for Two Denver-area Multi-housing Communities Holliday Fenoglio Fowler, L.P. (HFF) announces $30.777 million in financing in two separate transactions for two Denver multi-housing communities; Estrella Apartments and The Avalon. The HFF team worked on behalf of the borrower, Mountain View Capital, LLC, to secure the …

HFF announces $21.4M financing for Boutique Senior Living Community in Broomfield Holliday Fenoglio Fowler, L.P. (HFF) announced $21.4 million in financing for The Avenues Crofton Park, a 90-unit, 55+ age-restricted independent living community in Broomfield. The HFF team worked exclusively on behalf of The Avenues Crofton Park, LLC to secure …

Expansive, 512-Unit Value-Add Property in Lakewood Sells for $143.5M Newmark Knight Frank Multifamily announced the sale of Ashford Belmar, a 512-unit, value-add asset in the retail destination of Belmar in Lakewood. The property sold for $143.5 million, marking the largest multifamily transaction in the Denver area so far this year. Vice Chairmen Shane …

Pinnacle Announces Sale of an Opportunity Zone Assemblage in Lakewood Eric Veith, Joe Hornstein and Scott Fetter of the Hornstein Fetter Apartment Group at Pinnacle Real Estate Advisors, LLC announced the sale of 1411 and 1429 Pierce Street located in Lakewood. This multifamily property has 9-units and was built in …

Shady Brook Apartments Sold For $5.1M  Josh Newell, principal and Kevin Calame, principal at Pinnacle Real Estate Advisors, LLC, announced the sale of 3655 S Pennsylvania Street in Englewood. The 38-unit building sold on November 7 with a contract price of $5.1 million ($134,211 per unit and $257.90 per square foot). …

CBRE Completes $44.2M Sale of Stonebridge at Twin Peaks Multifamily Community in Boulder CBRE announced today it has completed the $44.2 million sale of the multifamily community Stonebridge at Twin Peaks, located at 2424 9th Street in Longmont, which closed Nov. 7, 2018. CBRE’s Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented …

Cushman & Wakefield Facilitates $14.6 Million Sale of Class A Industrial Building in Colorado Cushman & Wakefield announced the sale of 2570 Zeppelin Road, a 131,040-square-foot Class A Industrial Building according to Steve Schwab, managing principal of the firm’s Denver office. The property was purchased for $14.6 million ($111 per …

Hunt Real Estate Capital Refinances a Manufactured Housing Community Located in Boulder Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced it provided a Fannie Mae conventional multifamily loan of $39 million to refinance a manufactured housing community located in Boulder. The loan …