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New York Investment Firm Buys Apartments in Suburban Denver

$93.5 Million Deal Is Latest Indicator of Rising Demand in Northern Enclaves
The Praedium Group acquired the 300-unit Legacy on the Promenade apartment complex in Westminster, Colorado. (CoStar)
The Praedium Group acquired the 300-unit Legacy on the Promenade apartment complex in Westminster, Colorado. (CoStar)
CoStar News
December 27, 2019 | 8:28 P.M.

New York-based investor The Praedium Group has acquired a 300-unit apartment property in Westminster, Colorado, for $93.5 million, the latest sign of rising demand for apartments in suburban Denver.

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