MileHighCRE-PNG

The Confluence Announces Grand Opening

DENVER – PMRG, a nationally recognized, full-service commercial real estate firm, and its partner National Real Estate Advisors, just announced the grand opening of their 35-story apartment project, The Confluence. Located at Denver’s founding site, where the South Platte River and Cherry Creek converge, The Confluence makes a modern architectural statement at the NW corner of downtown. This prime Denver site is situated across from the REI flagship store, adjacent to LoDo and minutes from major sports arenas.

“PMRG and National take pleasure in welcoming new residents to their apartment homes at this outstanding luxury project, meeting the demand for contemporary downtown living environments” said Bryant Nail, PMRG’s executive vice president of multi-family development. “The Confluence is our first venture into the Denver market, and we’re very excited to contribute to the positive growth taking place in this vibrant city.  We have an outstanding track record with similar properties in other parts of the country, and we’re pleased to make The Confluence one of our most recent additions to our portfolio.”

GDA Architects designed The Confluence and Clark Construction is the general contractor. The building features extensive amenities, including a heated outdoor pool and hot tub on a large deck overlooking Confluence Park and the Rocky Mountains; cabanas with individual fire pits; master grilling stations; skyline lounges with NanaWall Systems; a professional chef’s kitchen and catering facility; a state-of-the-art fitness facility; gated, underground parking; a maintenance center for bikes and skis; direct access to Confluence Park; ground floor retail and a 24-hour front desk attendant.

“The Confluence is in keeping with National’s investment strategy to develop build-to-core projects in America’s most dynamic urban locations, providing vanguard amenities and distinctive design for our tenants,” said Jeffrey Kanne, National’s president and CEO.

HFF arranged the joint venture equity along with the U.S. Bank construction loan for the development. The HFF team representing the borrower included managing director Rob Rizzi of HFF’s New York office as well as managing directors Josh Simon and Jordan Robbins from HFF’s Denver office.

Image courtesy of PMRG.

 

Related Posts

Scroll to Top