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| Tantra Lake Community, Boulder, CO |
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| Matthew Lawton |
CHICAGO, IL – Holliday Fenoglio Fowler, L.P. (HFF)
announced it has closed the sale of Tantra Lake, a 185-unit, garden-style
multi-housing community in Boulder, Colorado.
HFF represented Waterton
in the sale of the property to the Boulder Housing Authority. The property was sold free and clear of debt.
Tantra Lake is situated on
10.9 acres at 1000 West Moorhead Circle, approximately three miles southeast of
downtown Boulder and the University of Colorado Boulder campus.
The property’s location
provides easy access to U.S. 36 and all of Boulder’s employment, educational
and recreational amenities. Tantra Lake
comprises a total of 301 units, of which 116 are individually owned as
condominiums located in separate buildings.
The 185 apartment units included in this transaction
feature a variety of one-, two- and three-bedroom floor plans averaging 812
square feet each.
Community amenities
include a heated indoor swimming pool, hot tub, outdoor basketball and tennis
courts, grilling areas, playground, 24-hour fitness facility, resident lounge,
business center, manmade lake and sweeping views of the Rocky Mountains.
The HFF investment sales
team representing Waterton was led by executive managing director Matthew Lawton along with managing
director Jordan Robbins.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Specialist
HFF | 9 Greenway Plaza,
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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