Frederick
REAL ESTATE
Boulder County Housing Authority is selling off affordable apartments to address budget gap, displacing some families
Boulder County housing officials are selling potentially more than 30 below-market-rate apartments to address a budget gap in the county’s affordable housing program. This decision will further reduce the already-limited supply of affordable housing, forcing families to find new homes in a region grappling with a housing shortage and rising living costs. County officials said they are helping displaced residents transition to new homes.
Ryan Companies to Build Class-A Industrial Project in Broomfield
Ryan Companies US, Inc., a national commercial real estate solutions provider, and PGIM Real Estate have formed a joint venture and announced the financial closing for Northwest Commerce Center. Located in Broomfield, within the Verve Innovation Park and, adjacent to the Rocky Mountain Metropolitan Airport, the Class-A industrial project comprises...
JLL Arranges Financing for Longmont Apartment Deal
Two Arrows Group and LEM Capital have acquired Eastglen Apartments, a 102-unit multifamily property in Longmont, Colo., near Denver. A private investor sold the asset for $18.6 million. Commercial Edge reports the buyers financed the purchase with a $12 million Freddie Mac loan. JLL Capital Markets negotiated on behalf of...
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