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San Francisco investor pays premium for Denver apartments despite softened market

Carmel Partners expands local holdings with acquisition of downtown Fitzgerald complex
Multifamily giant Greystar completed construction on the Fitzgerald apartment complex in downtown Denver in 2022. (CoStar)
Multifamily giant Greystar completed construction on the Fitzgerald apartment complex in downtown Denver in 2022. (CoStar)
CoStar News
September 3, 2026 | 10:04 P.M.

Denver’s multifamily market is still working through a wave of new supply, but a premium-priced sale of one of downtown’s newest apartment properties points to renewed investor interest in the market’s strongest assets.

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