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Private Equity Giant Scoops Up Denver-Area Apartment Complex for $80 Million

Ares Management Closes Deal With Multifamily Developer Cortland for Property in Lone Tree
The 232-unit Cortland Lincoln Station apartment complex is a short commute from major employers such as Charles Schwab and the Sky Ridge Medical Center. (Jeanette Holland/CoStar)
The 232-unit Cortland Lincoln Station apartment complex is a short commute from major employers such as Charles Schwab and the Sky Ridge Medical Center. (Jeanette Holland/CoStar)
CoStar News
August 24, 2023 | 8:19 P.M.

Investors are chasing after strengthening tenant demand in the Denver suburbs, a trend sparked by the pandemic and now fueled by ongoing remote work and a sizable construction pipeline.

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