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REA
May 13, 2020  

NEW DEALS

Suburban Denver ApartmentsOakmont Properties stands to realize a 4.8% stabilized capitalization rate on its $90.7 million purchase of an apartment complex that opened last year in Broomfield, Colo. The Sacramento firm paid $315,000/unit on April 28 for the 288-unit Caliber at Flatirons, at 13872 Del Corso Way. CBRE represented the seller, Garrett Cos. of Greenwood, Ind. The units, with 1-3 bedrooms, were 80% leased at the time of the sale. The...


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