Multifamily news in Denver
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Top Western Markets for Rent Growth
Here’s a breakdown of the best-performing Western multifamily markets ranked by year-over-year rent growth through June 2021.
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Equity Residential, Toll Brothers Form $1.9B Partnership
The companies plan to develop rental properties in major markets from coast to coast.
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Top 5 Markets for Transaction Activity in 2021
According to Yardi Matrix data, multifamily deals in the top five markets exceeded $18.5 billion in the first half of the year.
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High-End Denver Property Scores $49M Loan
The community's residential section was 74 percent occupied at the time of the deal.
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South Denver Project Gets $45M in Construction Financing
The package includes a construction loan from a local bank and preferred equity through an insurance company.
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Suburban Denver Asset Trades for $17M
Epic's acquisition of the 95-unit garden-style community in Westminster marks its first investment in the metro.
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Embrey Partners to Build 304-Unit Denver Community
The upscale property will be part of a 36-acre mixed-use neighborhood south of the city.
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BMC, Rockpoint Kick Off South Denver Project
The development marks the first for the partnership, which plans to invest $1 billion in similar multifamily and single-family projects.
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Hines, Trez Capital Break Ground on Denver Community
The master-planned development will total 3,000 homes in the suburb of Thornton, Colo.
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Denver Multifamily Report – Summer 2021
With the market recovering, the Mile-High City has more than 20,000 apartments underway.
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CIM Group Expands Denver Footprint
The 710-unit Lex at Lowry is one of the largest multifamily properties in the metro area.
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Manulife Completes $145M Denver Luxury Buy
The property formerly known as Legacy at Speer was 90 percent occupied at the time of sale.
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Newmark Closes Recap for 1,346 Units in Denver
The new partnership plans to target $500 million in transactions focused on workforce housing.
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Crescent Communities Expands Denver Footprint
The firm will begin construction on its second project in the metro, with completion slated for early 2023.
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Nuveen Sells Denver-Area Community for $435M
This deal marks the largest single-asset apartment trade ever in Colorado.