Newmark sells Urban Park Apartments in Downtown Phoenix for $20.8M
Newmark Knight Frank (“Newmark”) announced it has completed the sale of Urban Park Apartments, a 104-unit multifamily property in Downtown Phoenix. Newmark’s Managing Director Chris Canter, Senior Managing Director Brett Polachek and Executive Managing Director Brad Goff represented the seller, Allante Properties. The buyer was Clear Capital....
Read more1833 Emerson St site sells to new developer for $8.2M
The site of a deadly construction fire in Uptown in 2018 has sold. 063 Design & Development purchased the 0.43-acre lot at 1833 Emerson St. earlier this month for $8.2 million, according to Nexus Commercial Realty, whose brokers Travis Hodge...
Read moreJLL arranges $14.7M financing for Tennyson Place
Recently completed apartment community is in Northwest Denver’s coveted Berkeley neighborhood JLL announced that it has arranged $14.7 million in financing for Tennyson Place, an 81-unit apartment community located in Northwest Denver’s coveted Berkeley neighborhood. JLL worked on behalf of...
Read moreDenver’s real estate market is hot right now
There’s no better time than right now to invest in — or live in — Denver, which just topped a new list of U.S. News & World Report’s “Best Places to Live” among metro areas in the United States. The...
Read moreAs new apartments open in Highlands, small investors are happy as Allanté…
As new apartments open in Highlands, small investors are happy as Allanté sets sights on rental project at 39th and Tennyson. Fourteen months ago, when Denver’s housing picture was nowhere near as clear as it is now, developer Darell Schmidt...
Read moreTennyson apartment rush adding $23M project
Tennyson Street is getting another five floors of apartments. Allante Properties is planning a new $23 million apartment complex named Tennyson Place at Tennyson Street and 39th Avenue. It’s an 81-unit project Darell Schmidt, Allante managing partner, said will stand...
Read moreMicro living’s big news
Rents of $3.30 a square foot for an apartment are a lot easier to swallow if you’re only paying for 365 of them. Allante Properties principal Daren Schmidt is building a second project on Tennyson Street in Berkeley that will...
Read moreWest Highland mixed-use building finds buyer for $25M
A 3-year-old mixed-use building in West Highland has been sold. Denver Regional Investment Properties LLC, which is based in El Dorado Hills, California, purchased Highland Place at 3372 W. 38th Ave. this week for $24.5 million, according to property records....
Read moreAllante Properties buys Apex off 7th Street Apartments for $8.7M
Denver-based Allante Properties, LLC has entered the Phoenix investment market with the $8,750,000 purchase of Apex off 7th Street, an apartment community at 948 E. Devonshire Ave. “This acquisition offered an outstanding opportunity to participate in the renaissance of Uptown...
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