Jordan Robbins |
DENVER, CO – HFF announced it has closed the sale of Waterfield
Court, a 482-unit, garden-style multi-housing community in Aurora,
Colorado.
HFF marketed
the property on behalf of the seller.
Aragon Holdings, LLC purchased the asset free and clear of existing
debt.
Waterfield Court is located at 3499 South Uravan Way near the
intersection of East Hampden Avenue and South Buckley Road and is situated
within proximity of the Denver Tech Center and Southeast Business Corridor,
which encompasses more than 34 million square feet of office space.
The property was more than 97 percent leased at the time of
sale and includes one- and two-bedroom units averaging 792 square feet. Community amenities include two swimming
pools, indoor spa, basketball court, clubhouse and pet park.
Jeff Haag |
The
HFF team representing the seller was led by director Jordan Robbins,
associate director Jeff Haag and real estate analyst Jared Buffington.
Aragon Holdings is a private real estate investment and fund management
company headquartered in Los Angeles, California. Founded in 2008, the firm has since acquired nearly 10,000
apartment units in 10 major metropolitan cities within seven states across the
U.S.
Aragon’s team is
comprised of real estate, fund management and financial professionals that
collectively have more than 75 years of experience successfully acquiring,
building, developing, financing and operating commercial and residential real
estate.
For a complete copy
of the company’s news release, please contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 |
www.hfflp.com
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