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| Pamela Koster |
DENVER, CO – JLL Capital Markets announced it closed the sale and arranged acquisition financing for Forum Fitzsimons, a 397-unit multi-housing property located in Aurora, Colorado.
JLL represented the seller, a partnership
between Sightway Capital, Catalina Development and Pollin Group, to complete the
sale to the buyer, Avanti Residential.
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| Forum Fitzsimons Apartments 13650 East Colfax Avenue, Aurora, CO |
JLL also worked on behalf of Avanti Residential to secure the acquisition financing through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender.
The JLL Capital Markets team representing the seller was led by Senior Managing Directors Joshua Simon and Jordan Robbins, Managing Director Pamela Koster, Senior Director Chris McColpin and Managing Director Matt Steffen, who also handled financing.
Joshua Simon
Forum Fitzsimons was completed in 2018 and features a
four-story, wrap construction. The property totals 317,961 rentable residential
square feet and offers studio, one- and two-bedroom floorplan options.
Units feature granite
countertops, 10’ and 12’ ceilings, custom cabinetry, vinyl flooring and
contemporary appliances.
Community amenities
include two swimming pools, business center, fitness center and outdoor
courtyards with fireplaces. The property also has 28,226 square feet of ground
floor retail space.
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| Jordan Robbins |
The property is located
across from the 18.5-million-square-foot Anschutz Medical Campus is proximate
to the Fitzsimons Life Science District, Denver International Airport, the
Buckley Air Force Base and just 10 miles from Downtown Denver.
Also, in a transit-orientated location, Forum
Fitzsimons is just one block from the Colfax Light Rail Station, granting
access to Downtown Denver, the Denver Tech Center and the airport.
 |
| Chris McColpin |
The
firm's in-depth local market and global investor knowledge delivers the
best-in-class solutions for clients — whether investment sales advisory, debt
placement, equity placement or a recapitalization.
The
firm has more than 3,700 Capital Markets specialists worldwide with offices in
nearly 50 countries.
For more news, videos and research
resources on JLL, please visit our newsroom.
About JLL
JLL (NYSE: JLL) is a leading professional
services firm that specializes in real estate and investment management.
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| Matt Steffen |
JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.
JLL
is a Fortune 500 company with annual revenue of $16.6 billion, operations in
over 80 countries and a global workforce of more than 91,000 as of December 31,
2020.
JLL
is the brand name, and a registered trademark, of Jones Lang LaSalle
Incorporated. For further information, please visit jll.com.
CONTACT:
Natalie Passarelli
PR, Americas
JLL
M +1 224 477 7307
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