Denver
Origin, Aegon Invest $71M in Denver
The 320-unit Advenir at Saddle Rock offers 20 four-bedroom units, a rarity for the area. To improve the 2002-built property, the new owners plan to invest sizable capital.
HFF Secures JV Equity for 255-Unit CO Project
Senior Director Mark Erland, Managing Director Josh Simon, along with Directors Matthew Benson and Leon McBroom, worked on behalf of the developer, Price Development Group.
Job Diversity Sustains Denver’s Economy
Employment and population gains are pushing up demand for apartments across the metro, which had roughly 26,000 rental units under construction as of November.
Denver Mixed-Use Trades for $25M
Transwestern represented the seller, Allante Properties, in the disposition of Highland Place, which features 68 units and five retail stores.
North CO Community Changes Hands for $15M
The 108-unit property includes amenities such as a heated pool, a clubhouse with a business center and a fitness center.
Laramar Group Names Operations SVP
Based in the Denver office, Stacy Valentine will oversee the company’s marketing and operations for its urban communities across the country.
Jonathan Rose Buys Affordable Denver Asset
The 13-story, 188-unit Juanita Nolasco Apartments was completed in 1972 and is income-restricted to very low-income elderly and disabled residents.
Warm Springs Management Acquires Denver-Area Community
The 58-unit garden community traded for $10.8 million. The new owner financed the acquisition using a Freddie Mac conventional loan.
408 Units in CO Change Hands
Inland Real Estate Acquisitions has acquired Après Apartments in Aurora. At the time of the sale, the community was 95 percent occupied.
JV to Invest $550M in National Portfolio
Cortland Partners, Canada Pension Plan Investment Board and GIC plan to acquire and renovate 8,000 to 10,000 Class B multifamily units across the U.S.