HomeBriefs

Brief

Denver Apartment Venture Trades at Steep Loss

The Civic Lofts apartments in the Golden Triangle area sold at a steep discount. The $30 million sales price was more than half what Centerspace Homes paid for the property in 2021. It traded at $63 m

The Civic Lofts apartments in the Golden Triangle area sold at a steep discount. The $30 million sales price was more than half what Centerspace Homes paid for the property in 2021. It traded at $63 million then. FPM Partners was the buyer. FPM has holdings in Broomfield and Fort Collins. Centerspace meanwhile holds four...

Source