Denver
Top 10 Denver Apartment Owners
A booming economy paired up with an accelerated increase in population have resulted in an influx of multifamily investors in Denver during the last five years. According to Yardi Matrix data, Starwood Capital emerged as the area’s top property owner, with a portfolio consisting of more than 9,000 units.
Suburban Denver TOD Sells for $95M
Wolff Co. sold the 360-unit 8000 Uptown Apartments in Broomfield, Colo., for $264,000 per unit. The property is 96 percent occupied.
Transwestern Secures $23M Sale of 2 Denver Assets
The company worked on behalf of the sellers—29th Street Management LLC and Bayo Vista LP. Village West traded for $10.8 million and The Village Apartments was sold for $12.4 million.
Castle Lanterra Buys in Denver Metro
Built in 1972, Sunset Ridge Townhomes in Westminster, Colo., includes 280 units featuring a mixture of two-bedroom and townhome units.
Inland Closes 141-Unit CO Community Sale
An Inland affiliate acquired the suburban property situated roughly one hour north of Denver. The community was 97.2 percent occupied as of September.
Denver Community Trades for $45M
HFF negotiated the transaction on behalf of the seller. ColRich Multifamily purchased the 272-unit property in southeast Denver from Jackson Square Properties.
Denver Luxury Asset Trades for $122M
HFF marketed the 465-unit property on behalf of the seller, Lennar Multifamily Communities, and procured the buyer, Starlight Investments.
Gorman Lands $22M Refi for CO Asset
Walker & Dunlop arranged the atypical eight-year, fixed-rate term loan to refinance Lion’s Ridge Apartment Homes, a 114-unit workforce housing community at the foot of Vail Ski Resort.
HFF Lends a Hand in Denver Community Sale
The company marketed the sale of the 291-unit Greenwood Park located within Denver’s Tech Center. Holland Partner Group and Principal Real Estate Investors were the buyers.
Denver-Area Community Nets $11M Loan
Constructed in 1968 and renovated in 2016, the property is centrally located in Boulder, near the University of Colorado campus and other large employers.