Walker & Dunlop Arranges Sale of $161 Million Luxury Community in Denver
25 Outubro 2023 - 7:30AM
Business Wire
Walker & Dunlop, Inc. announced today that it arranged the
sale of Zia Sunnyside Apartments for $161,000,000. The property is
a 434-unit, Class A apartment community, conveniently located at
the first light rail station north of Denver in the Sunnyside
neighborhood.
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Zia Sunnyside Apartments (Photo: Business
Wire)
The Walker & Dunlop Denver Investment Sales team, led by Dan
Woodward, David Potarf, Matt Barnett, and Jake Young, arranged the
sale on behalf of the buyer, Kairoi Residential, and the seller,
Confluence Companies, Inc.
“This property is perfectly positioned in a high-growth area
with easy access to downtown Denver,” said David Potarf, managing
director of Investment Sales at Walker & Dunlop. “The appeal of
Zia Sunnyside is evident, with high-end unit finishes, luxury
amenities and a convenient location. The project is a true Class A
investment, with strong potential for years to come.”
A true transit-oriented development, Zia Sunnyside is directly
connected to the 41st and Fox RTD light rail station, the first
stop outside the central business district. Extensive unit and
community amenities complete the picture of a premier living space,
including a cross-fit-inspired fitness center, onsite-yoga classes,
two expansive outside courtyards, a pool deck overlooking the
skyline, multiple social lounges, work-from-home-areas, and
more.
Walker & Dunlop is a leader in multifamily property sales,
having completed nearly $20 billion in property sales volume in
2022. The firm is also one of the top providers of capital to the
U.S. multifamily market. Over the same period, Walker & Dunlop
originated $44 billion in debt financing volume, including lending
over $36 billion for multifamily properties. To learn more about
our capabilities and financing options, visit our website.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial
real estate finance and advisory services firms in the United
States. Our ideas and capital create communities where people live,
work, shop, and play. The diversity of our people, breadth of our
brand and technological capabilities make us one of the most
insightful and client-focused firms in the commercial real estate
industry.
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version on businesswire.com: https://www.businesswire.com/news/home/20231025956001/en/
Investors: Kelsey Duffey Investor Relations Phone
301.202.3207 investorrelations@walkeranddunlop.com
Media: Nina H. von Waldegg VP, Public Relations Phone
301.564.3291 info@walkeranddunlop.com
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