1/18/2008

JV acquires 568 units in Denver

by

Gateway Park Apartments

A joint venture between Pacific Coast Capital Partners and Denver, Colo.-based The Griffis Group of Companies has acquired the Gateway Park Apartments in Denver and the Bristol Village Apartments in Aurora. The communities were purchased from Chicago-based AMLI Residential and Jordon Perlmutter & Co.

The Pacific Coast/Griffis venture was self-represented while Pamela Koster of Moran & Co. represented AMLI and Garrette L. Matlock of Marcus & Millichap represented Jordon Perlmutter.

The Gateway Park Apartments contain 328 units and were built in 1999. The gated community is located at 4255 Kittredge St. and was purchased from AMLI. The Bristol Village Apartments are located at 17201 E. Walsh Way and were acquired from Jordon Perlmutter. They were built in 2003 and contain 240 units.

The Griffis Group purchased the properties on behalf of its Griffis Value Added Fund, LLC. The acquisition brings the venture's Denver holdings to 784 units. In August 2007, the companies purchased Highline on Cherry Creek, a 216-unit apartment community in Denver.

Address: Gateway Park Apartments at 4255 Kittredge St., Denver, Colo.
- Bristol Village Apartments at 17201 E. Walsh Way, Aurora, Colo.

Size: 568 units

Built: 1999, 2003

---

Filed Under: Multi-Family

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009