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An affiliate of Treeline Multifamily Partners has paid $14.6 million, or $406,556/unit, for Iron Works Village, a 36-unit apartment property in Englewood, Colo. The Denver investor purchased the property from Blvdway Communities, also of Denver. Berkadia provided $9.23 million of ...
Trion Properties has paid $80 million, or $197,044/unit, for Quail Cove and Highland Park, two apartment properties with a total of 406 units in Colorado Springs, Colo. The West Hollywood, Calif., investment manager bought the complexes, which are 14 miles ...
Commercial Real Estate Direct Staff Report Hamilton Zanze has paid $110 million, or $298,913/unit, for the 368-unit Wyatt apartment property in Fort Collins, Colo. The San Francisco real estate investor bought the property, at 4701 Strauss Cabin Road, on behalf ...
JLL Capital Markets has arranged $74.1 million of Freddie Mac financing against The Parc at Cherry Creek, a 408-unit apartment property in Denver. The seven-year loan requires only interest payments for its entire term and pays a coupon of 2.93 ...
Denver Business Journal CIBC Bank USA has provided a $34.5 million construction loan for the development of a 247,000-square-foot cold-storage facility at 189 Bromley Business Parkway in Brighton, Colo. CBRE's Nashville office arranged the financing on behalf of the developer, ...
Westcore has paid $20 million, or $132.80/sf, for Dove Valley Business Center II, a 150,600-square-foot warehouse in Englewood, Colo. The San Diego real estate investment company purchased the industrial property from Brennan Investment Group of Chicago, which was represented by ...
Denver Business Journal Grubb Properties Inc. is planning to build the 405-unit Link Apartments Fitz in Aurora, Colo., about eight miles east of Denver. The Charlotte, N.C., management and development company is breaking ground on the property in June. It ...
The property is encumbered by a $33 million Freddie Mac loan that was securitized through FREMF, 2014-K716, and a $5.66 million supplemental loan securitized through FREMF, 2018-KJ22FX. Both loans mature in May and are open to prepayment.
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© 2020 Commercial Real Estate Direct All rights reserved.