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Colorado, Washington Apts. Sell in $126 Million Deal
Apartment complexes in Colorado and Washington were part of a $126.5 million portfolio acquisition made by TruAmerica Multifamily and Blackstone Real Estate Income Trust. Montair, a 319-unit apartment complex at 8901 Grant St. in Thornton, CO, was...

Dinerstein Cos. Hires Schildt from Trammell Crow Residential
After a decade at one of the busiest multifamily development companies operating in Denver, Matthew Schildt has been hired by a company looking to make big moves in the same space. The Dinerstein Cos., a Houston-based developer of market-rate apartment...

Broe Real Estate Buys Former Seagate Campus
Broe Real Estate Group has purchased the former Seagate Technology campus in Longmont, adding a 461,000-square-foot office building to its portfolio. The property, located at 2452 Clover Basin Dr., was home to Seagate until 2007 when it vacated the...

Clarion Partners Invests in Market Station Development
New York-based Clarion Partners LLC has invested in Market Station, a mixed-use project under construction in downtown Denver, bringing the project to full capitalization. Clarion entered into a joint venture equity partnership on the project, which...

Englewood Multifamily Community Changes Hands in $52 Million Deal
The Rail at Inverness, a 219-unit, garden-style apartment complex located at 10001 E. Dry Creek Rd. in Englewood, CO, has been acquired by Jackson Square Properties out of San Francisco for $52 million, or about $236,000 per unit. Completed a decade...

The Bascom Group Pays $19 Million for Boulder View Apt. Complex
Irvine, CA-based The Bascom Group picked up its latest investment in Colorado with the firm's purchase of Boulder View in the high-barrier market of Boulder, CO from Landbank Investments for $18.97 million, or approximately $279,000 per unit. Bascom...

UPDATED: Heitman Closes on 1401 Lawrence St. Tower in Downtown Denver
An affiliate of Heitman LLC, a Chicago-based company, has purchased downtown Denver's newest office tower, 1401 Lawrence, from its developers. The tower sold for $225 million, according to CoStar research, working out to $723 per square foot, eclipsing...

Integra Realty Resources Launches Hotel-Focused Practice
Denver-Integra Realty Resources announced plans to launch a hospitality-focused branch of its appraisal service, led by three longtime industry veterans. The new division, IRR Hotels, will provide valuation services for lending, market and feasibility...

Griffis Residential Drops $100 Million on LoDo Apts.
Griffis Residential, a Greenwood Village-based apartment investor, completed its latest acquisition with the purchase of The Huron, a 296-unit apartment complex near Coors Field in downtown Denver, for $100.5 million. The Huron was recently completed...

Monument Apts. Sells for $58 Million
Vistas at Jackson Creek, an apartment complex in Monument, has sold as part of a 1031 exchange. The 267-unit complex sold for $57 million, or $213,000 per unit, to Kevin Hearne and Scott Hearne, both of Fort Collins, according to CoStar data. The...

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