DENVER, CO MSA: Capstone has closed the sale of 4001-4065 Upham St, a portfolio of three adjacent multifamily properties in Wheat Ridge for the sale price of $12,100,000. Christian Burgdorf & Austin Smith of Capstone brokered the transaction. Local firm, Renegade Capital, purchased the properties from a local family that had owned the buildings since construction. The buildings were constructed in...
Download Offering Materials: Hunter's Chase Capstone is pleased to present Hunter’s Chase: a 128-unit apartment community in Parker, CO. Hunter’s Chase is currently under construction with a projected completion date in 2023. The property will feature Class A finishes that will put it amongst the top rental options in the market. Hunter’s Chase is located about 30 minutes south of Denver, with access...
Download Offering Materials: Aviation Place & 61st and Tower On behalf of 063 Development (the “Developer”), Capstone is pleased to present a Co-GP opportunity to finance the development(s) of Aviation Place and/or 61st and Tower. The projects total 739 units and will be part of PEÑA Station NEXT, a 220-acre, $500 million transit-oriented development (TOD) community. Once completed the TOD will...
The Multi-Family 2023 Opportunities Outlook: Cautious Optimism in 2023 Written by Capstone Partner, Adam Riddle Conflicting highs and lows, that’s been the general theme for 2022. Inflation is up but unemployment is down. Rental rates have increased but rent growth has decreased. Fears of a recession have risen, although economic growth remains strong. The post-pandemic picture has been nothing but...
Download Offering Materials: West Grange Apartments Capstone Equity & Structured Finance is pleased to present a Limited Partner or Preferred Equity investment opportunity for West Grange Apartments on behalf of Walnut Development Partners (the “Sponsor”). The to-be-built 88-unit, luxury Class A multi-family community with best-in-class finishes in located in Longmont, Colorado (Boulder MSA). The...
Capstone Apartment Partners announces the $15.25 million sale of Belmont Square Apartments. Situated on 4.48 acres along a main thoroughfare, the 138-unit asset is just minutes away from Colorado State University at Pueblo, a variety of dining and retail establishments, and public transportation.
