Denver
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.
Wood Partners Breaks Ground on Denver-Area Project
The 260-unit Alta Green Mountain in Lakewood is slated for completion this August. The project is less than 3 miles from Denver Federal Center.
Denver-Area Student Housing Lands $64M Freddie Mac Loan
KeyBank Real Estate Capital arranged the financing for an 899-bed property at Colorado State University in Fort Collins, Colo.
Top 10 Apartment Owners in Denver
The metro continues to record accelerated economic growth, reflected by rising apartment rates, strong housing demand and an enduring boom in construction activity.
Waypoint Residential Expands Development Pipeline
The company has six multifamily properties totaling more than $325 million in development or leasing stages—including two new brands—in the Northeast and West.
Kairoi Residential Completes 277-Unit Community in Denver
Located in the River North neighborhood, Edison at Rino was the first structure in the city to be built with prefabrication techniques developed by Prescient.