Invesco pays $94.5M for Broomfield apartment complex
BROOMFIELD — Investors this week continued to pour cash into the local apartment market, this time snatching up a Broomfield complex for $94.5 million.
Invesco Real Estate, a division of Atlanta-based Invesco Ltd. (NYSE: IVZ), bought the 374-unit Retreat at the Flatirons under the entity Flatirons Apartments LLC, according to Broomfield County public records. The seller was Etkin Johnson Real Estate Partners.
Etkin Johnson developed the complex at 13780 Del Corso Way, which opened in 2014. The complex sits just east of the Northwest Parkway and north of U.S. Highway 36.
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Invesco is no stranger to the neighborhood. In 2011, the company bought the nearby Catania Apartments at 13579 Via Varra from California-based A.G. Spanos Cos. for $53.4 million.
BROOMFIELD — Investors this week continued to pour cash into the local apartment market, this time snatching up a Broomfield complex for $94.5 million.
Invesco Real Estate, a division of Atlanta-based Invesco Ltd. (NYSE: IVZ), bought the 374-unit Retreat at the Flatirons under the entity Flatirons Apartments LLC, according to Broomfield County public records. The seller was Etkin Johnson Real Estate Partners.
Etkin Johnson developed the complex at 13780 Del Corso Way, which opened in 2014. The complex sits just east of the Northwest Parkway and north of U.S. Highway 36.
Invesco is no stranger to the neighborhood. In 2011, the company bought the nearby Catania…
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