Friday, September 9, 2016

HFF closes $68.25 million sale of 300-unit apartment property in Lakewood, CO

Rendering of Skye Crest Apartments, Lakewood, CO
Jordan Robbins
DENVER, CO –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $68.25 million sale of Skye Crest, a 300-unit, garden-style multi-housing community in Lakewood, Colorado.

HFF marketed the property exclusively on behalf of Fairfield Bentley LLC.  Jackson Square Properties purchased the asset free and clear of existing debt.

Skye Crest consists of 12, three-story buildings with one-, two- and three-bedroom residential units on a 16-acre site located at 7846 West Mansfield Parkway in the western Denver suburb of Lakewood.

 The property is strategically located immediately south of the intersection of Highway 285 and South Wadsworth Boulevard providing easy access to major employers, abundant retail and multiple recreation amenities such as the Daniel L. Schaefer Athletic Complex and Bear Creek Trail.

 In addition to offering sweeping views of the Front Range and Rocky Mountains, the property also features a swimming pool with sundeck, sports and tennis court, 24-hour fitness center, on-site dog park and clubhouse with TV lounge, kitchen and media center.

The HFF investment sales team representing Fairfield Bentley LLC was led by managing director Jordan Robbins and associate director Jeff Haag.
Jeff Haag

Jackson Square Properties is a private real estate investment company located in the San Francisco Bay Area that specializes solely in the purchase and ownership of multifamily apartment communities.

 Founded in 2004, Jackson Square Properties has expanded over the years to own a diverse pool of multifamily assets totaling more than 75 communities with 20,000 units in 10 states

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 |

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