Denver
Pinnacle Brokers Southwest Denver Transaction
Joe Hornstein and Scott Fetter of the Hornstein Fetter apartment group worked on behalf of the sellers, with Jim Knowlton of the Knowlton Lawson team representing the buyers.
Denver Community Trades for $26M
The 156-unit community was recently renovated and roughly two thirds of the units were upgraded. FPA Multifamily acquired the asset in 2016.
JV Lands $75M Financing for Denver Luxury Tower
HFF secured the loan for The Confluence on behalf of National Real Estate Advisors and PMRG. Proceeds will be used to retire existing construction debt on the 287-unit property.
Trez Capital Secures 2 Construction Loans
The 136-unit property and the 123-unit community are part of a five-property project developed in a partnership between Trez Capital and NexMetro.
Inland Private Capital Brokers Sale of 2 Denver Properties
Emerson Lofts and Ascent Uptown are within 1.5 miles of each other and traded for $21.9 million, generating a total return on investment of roughly 130 percent.
Denver Multifamily Report – Winter 2019
Although deliveries hit a cycle peak, the metro’s rapidly expanding economy and steady demographic expansion continue to boost a sturdy rental market.
Class A Colorado Asset Trades for $67M
CBRE’s Dan Woodward, David Potarf and Matthew Barnett brokered the sale of North Main at Steel Ranch, a 228-unit property located in the Denver metro area.
JV Acquires Denver Portfolio for $177M
Oak Coast Properties and BMC Investments will rebrand the properties as a single community serving workforce renters. HFF arranged a $120 million Freddie Mac acquisition loan for the three assets.
Shea Apartments Opens New Denver Community
Tangent is located in the Denver Tech Center, which include various jobs, entertainment and recreation opportunities. The community includes a mix of luxury amenities.
AvalonBay Buys Denver Property for $91M
The newly completed asset includes more than 300 luxury units. The community is located 20 miles from downtown Denver, in the Arapahoe-East submarket.