A 227-unit apartment community in Highlands Ranch has sold for $91.25 million, based on public records filed with Douglas County. The five-building Aventine Littleton Apartments, 2503 Primo Road, was sold by Century Living, the multifamily division of homebuilders Century Communities, to Chicago-based real estate firm Equity Residential, according to a Tuesday news release by CBRE. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented the seller. “This transaction aligns with the ongoing trend of institutional investors shifting their focus away from urban assets and towards high-end properties in desirable suburban locations,” said Terrance Hunt, who is vice chairman of CBRE’s Colorado office. Century Living developed the apartments, which were completed in phases between 2023 and 2024. The brand-new apartment community offers a variety of one-, two- and three-bedroom units with an average size of 1,028 square feet.
Highlands Ranch Apartment Community Sells For Over $90 Million
Jessica Alvarado Gamez, Denver Post: Business
Wed, 11/27/2024 - 6:00am
Topics: highlands ranch douglas county aventine littleton apartments primo road century communities chicago-based shane ozment chris hart brad schlafer this community related articles income-restricted denver s rino longtime lohi bankruptcy outdoor high line canal trail system denver westminster lakewood lafayette castle rock economy now littleton century living equity residential cbre terrance hunt business denver million retail units center properties sold news garages
BING NEWS:
- Century Living Sells 227-Unit Multifamily Community in Highlands Ranch, Colorado to Equity Residential
Century Living has completed the sale of Aventine Littleton, an apartment property in Highlands Ranch, a community about 18 miles south of Denver. Equity Residential acquired the asset for an ...
11/27/2024 - 2:56 am | View Link - Equity Residential Pays $91M for Denver-Area Community
Equity Residential has acquired Aventine Littleton, a Denver-area community, for $91.3 million from Century Living in a CBRE-brokered deal.
11/27/2024 - 1:39 am | View Link - Highlands Ranch apartment community sells for over $90 million
A 227-unit apartment community in Highlands Ranch has sold for $91.25 million, based on public records filed with Douglas County.
11/26/2024 - 11:01 pm | View Link - Aventine Littleton in Highlands Ranch Sells for $91.25M
According to records filed in Douglas County, Aventine Littleton, a 227-unit Class A apartment community has sold for $91.25 million.
11/26/2024 - 3:25 am | View Link - Publicly traded company makes $91.25M apartment purchase
A 227-unit apartment community in Highlands Ranch has been purchased by a publicly traded real estate investment firm. Equity Residential bought Aventine Littleton for $91.25 million from Century ...
11/25/2024 - 7:39 am | View Link - More
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