Denver
Castle Lanterra Expands Denver Portfolio
The 44-year-old Mountain Vista Apartments marks the company’s second acquisition in the market. Eighty-five percent of the 257 units have been updated.
HFF Arranges Financing for Denver Property
Located in Colorado Springs, Peak 4420 received a 10-year, fixed-rate loan. The 209-unit community had an occupancy rate of 99.5 percent as of August.
Denver Workforce Housing Commands $53M
Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.
Southern Land Opens First Denver Community
The 302-unit luxury property is located a few miles northwest of downtown Denver, in close proximity to the Denver International Airport. Centric LoHi also offers approximately 9,300 square feet of retail space.
Avesta Communities Enters CO Market
The company plans to implement a renovation plan that includes improvements made to the common amenities and to the unit interiors.
CRA, GTIS Acquire Denver Property
HFF’s Denver team represented the seller in the sale of the 256-unit asset. The garden-style property is situated in the heart of a retail corridor.
JV Acquires $41M CO Community
The 280-unit Lamplight Square at the Park is located in Colorado Springs. Griffis/Blessing plans to upgrade unit interiors, as well as the outdoor/indoor pool and the fitness area.
Passco Adds New Acquisitions VP in Denver
With nearly 20 years of industry experience, Brett Johnson will be responsible for sourcing and acquiring multifamily investments.
Rents Rise Despite Surging Deliveries in Denver
Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.