crefeed.com | RREEF buys Colorado apartment building

9/27/2007

RREEF buys Colorado apartment building

Stratford Station Apartments

&clientRREEF has purchased the 192-unit Stratford Station apartment building in Englewood, Colo., for an undisclosed price from OPM Management Corp.

Pat Stucker of Cushman & Wakefield's Denver office represented the seller.

RREEF made the purchase on behalf of an institutional client, according to Jane Maushardt, an investment officer with RREEF.

The 162,634 square foot complex is located at 7555 Peakview Ave., northwest of the intersection of I-25 and C/E-470. It was built in 1986, and the buyer plans an interior renovation of the property.

RREEF Real Estate is part of RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank's Asset Management division.

Cushman & Wakefield is one of the world's largest commercial real estate services firms with 201 offices in 55 countries.

Carlsbad, Calif-based Real Capital Markets provided the digital marketing solution for this transaction.

Address: 7555 E. Peakview Ave., Englewood, Colo.

Size: 162,634

Built: 1986

Filed Under: Multi-Family

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