AVON, COLO. — Denver-based developer Grand Peak, in partnership with Silverton Holdings, a Braselton, Georgia-based developer specializing in hospitality projects, has broken ground on The Summit, a 164-unit community in Avon, approximately 106 miles west of Denver and about 10 miles west of Vail, Colorado. Civitas Capital Group provided an undisclosed sum of construction financing for the project, which will include 16 workforce housing units reserved for tenants earning no more than 100 percent of area median income. Amenities will include a fitness center, game room, dedicated ski and gear …
Colorado
LOVELAND, COLO. — JB Matteson has acquired the 288-unit Vantage at Loveland from Vantage Communities for $72.3 million, according to Larimer County property records. Loveland is 50 miles north of Denver. Greg Parker and Jason Hornik out of Marcus & Millichap’s Denver office arranged the sale on behalf of the seller. Completed in 2024, Vantage at Loveland features a resort-style pool, clubhouse, fitness center, and outdoor recreation areas. Apartments have washers and dryers, walk-in closets and kitchen islands. JB Matteson is a San Mateo, California-based property management and investment firm. …
CLIFTON, COLO. — Housing Resources of Western Colorado (HRWC) and Evergreen Real Estate Group have been awarded 9 percent Low-Income Housing Tax Credits (LIHTC) for the development of Crawford Commons Apartments in Clifton, about 7 miles east of Grand Junction, Colorado. The 60-unit affordable housing community will provide townhome-style units to renters earning between 30 and 80 percent of area median income. LIHTC investors and syndicators were not announced. Holst Architecture is the architect, and Shaw Construction will serve as general contractor. The community will be built on land donated …
FORT COLLINS, COLO. — JLL has arranged the $62.7 million sale of Seasons at Horsetooth Crossing in Fort Collins as well as a $38.8 million Freddie Mac acquisition loan for the buyer, which was a Hamilton Zanze-sponsored Delaware Statutory Trust. The seller was The Rainier Cos. Seasons at Horsetooth Crossing, located about three miles south of Colorado State University, is a 208-unit garden-style property consisting of 26 two-story buildings with one-, two- and three-bedroom units. Amenities include a clubhouse, fitness center, pool, business center, courtyard, grills and bike storage.
GOLDEN, COLO. — Monarch Investment & Management Group has sold Fox Hill Apartments in Golden for $32 million. Sierra Parkway Communities was the buyer, and JLL arranged the transaction on behalf of Monarch, which owned Fox Hill for about 30 years. Located at 17611 W. 16th Ave., the community was built in 1972 and has averaged 96 percent occupancy since 2021. Jordan Robbins, Wick Kirby, Alex Possick and Seth Gallman headed up the JLL team.
Mesa West Capital Delivers $81M Refinancing for Atlas Peakview in Centennial, Colorado
CENTENNIAL, COLO. — Mesa West Capital has provided an $81 million short-term first mortgage loan to a joint venture between The Dinerstein Cos. and PGIM. The loan will refinance Atlas Peakview, a 330-unit development in the Denver suburb of Centennial. Walker & Dunlop’s Tom Melody, Paul House and John Melody arranged the loan. The property has reached 85 percent occupancy since opening in 2025. Atlas Peakview, located at 7800 E. Peakview Ave., offers studio through three-bedroom apartment floor plans and two- and three-bedroom townhomes. Community amenities include a resort-style pool …
DENVER — Jason Hornik and Greg Parker with Marcus & Millichap’s Denver office have brokered the sale of The Jewell at 4470 E. Jewell Ave. in Denver. A New York-based investor was the seller, and a California-based buyer bought the asset, which was built in 1968. The 93-unit property was 55 percent occupied at the time of the sale. The property was renovated prior to the sale.
FORT COLLINS, COLO. — Concord Summit Capital has arranged a $115.5 million construction loan for Collins at Union Park, a 457-unit community in Fort Collins. The borrower/developer is Livmark Communities, a division of Landmark Homes, which has broken ground on the project. Amenities will include a clubhouse, pool, golf simulator, playground, parks, trails and gathering spaces. Units will be offered as apartments, townhomes and carriage houses. Completion is slated for 2028.
DALLAS — Crow Holdings has obtained a $380.2 million refinancing loan for a five-property portfolio totaling 1,549 units in Texas, Colorado and Virginia. Each was developed by Trammell Crow Residential in partnership with Crow Holdings. CBRE’s Dallas-based Andy Scott, Michael Cosby, Kris Lowe, Tom Burns and Bo Beidleman arranged the financing through AllianceBernstein. The assets include Alexan Lower Greenville in Dallas, Alexan Braker Pointe and Alexan Waterloo in Austin, Texas, Alexan Julian in Denver and Alexan Florence in Alexandria, Virginia. Trammell Crow Co. is owned by CBRE. Crow Holdings is …
DENVER — Opus Development and Ares Real Estate have secured a $67 million refinancing loan for Kalaco, a 280-unit mid-rise community in Denver. Kalaco was completed in 2024. The construction take-out loan was arranged by JLL’s Kristian Lichtenfels, Eric Tupler and Ellie Savage. The six-story building is comprised of studio, one-, two- and three-bedroom units and amenities such as a 233-space parking garage, resort-style deck with a pool and hot tub, fire pits and grilling stations, courtyard with lawn games, pet spa, outdoor dog run, a two-level fitness center with …