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State: Colorado - CO
36-Unit Apartment Property Near Denver Sells for $14.6Mln
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 Pays $80Mln for 2 Apartment Properties in Colorado Springs, Colo.
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 ...
Hamilton Zanze Pays $110Mln for Fort Collins, Colo., Apartments
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 Arranges $74.1Mln Freddie Loan Against Denver Apartments
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 ...
$34.5Mln Lent Against Cold-Storage Project in Brighton, Colo.
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 Pays $20Mln for Warehouse in Englewood, Colo.
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 ...
Grubb to Build 405-Unit Apartment Property Near Denver
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 ...
City Gate Apartments
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.
