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 | www.hfflp.com
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