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| Loft 9 Apartments, a 418-unit multifamily community in Denver, CO |
DENVER, CO – Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, along with equity partner, PCCP, LLC, an investment manager, has acquired Loft 9 Apartments, a 418-unit multifamily community in Denver, Colorado, for $82.5 million.
The acquisition more than doubles the firm’s holdings in the Denver metro area, bringing its portfolio to over 700 units since entering the market last year, and over 1,100 in the state of Colorado, according to Max Sharkansky, Managing Partner at Trion Properties.
Max Sharkansky
“This
was an exceptional opportunity to acquire a well-located community off market,
which we were able to secure based on our established broker relationships and
a unique situation that presented itself,” explains Sharkansky
Loft 9 Apartments consists of five buildings and features spacious one- and two-bedroom homes.
Commuity amenities include a resort-style pool, state-of-the-art fitness center, business center, resident clubhouse, resurfaced sport courts, and upgraded outdoor areas.
The property is located at 11100 Dartmouth Avenue in Denver, Colorado.
Contacts:
Lara
Sassounian / Elisabeth Manville
Brower
Group
(949)
438-6262
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