Denver
Hunt Mortgage Closes $37M Denver Construction Loan
Located at the corner of West 38th Avenue and Upham Street, West End 38 is slated to include 165 units and roughly 7,200 square feet of retail space.
Nexus Brokers 1031 Exchange Denver-Area Sale
Investment Advisor Sean Holamon represented seller Harmony Premier Properties in the disposition of the eight-unit asset. The new owner is planning upgrades in order to increase rent.
New Supply Tempers Rent Growth in Denver
The metro’s steady job additions and population gains have rapidly pushed up housing demand. But the resultant heavy apartment development has put a damper on rent growth.
Advenir Secures $173M to Refinance Denver, Houston Properties
HFF arranged the loans on behalf of the borrower through Freddie Mac’s CME Program. Proceeds will refinance floating-rate debt on five assets.
ARA Newmark Brokers Record-Setting Deal
Director Robert Bratley and Associate Director Marcus Griffin facilitated the $12 million sale of the boutique apartment building in downtown Denver’s Capitol Hill neighborhood.
Colorado Springs Portfolio Trades for $102M
Nexus Commercial Realty closed on the sale of seven apartment buildings that include a total of 1,178 B and C class multifamily units.
Bascom Group Acquires Denver Community for $93M
The company secured the 275-unit Modera at Observatory Park Apartments from Mill Creek Residential, which will remain the property manager.
Mill Creek Starts Work on Denver Apartments
Modera West Wash Park, a 241-unit community in the Washington Park neighborhood, will include a dog wash, bike storage and reserved parking.
Denver Affordable Housing Secures $50M
Koelbel and Co., Mile High Development and Longs Peak Advisors will develop Eaton Street Apartments, a 118-unit community in Westminster, Colo.
Element Properties Opens Denver-Area Affordable Housing Community
SPARKwest is the first phase of SPARK development, an 11-acre mixed-use project within Boulder Junction. The climate-friendly community includes a mix of two- and three-bedroom units.