Saturday, August 30, 2014

Sale of 482-unit Waterfield Court Apartments in suburban Denver, CO closed by HFF


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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