Real Estate & Construction  August 9, 2019

Investors buy Westminster apartment complex for $120M

WESTMINSTER — A pair of investment firms recently traded The Vintage at Hyland Hills, a 472-unit apartment community in Westminster, for $120.1 million.

The Vintage at Hyland Hills Investor LLC, a UBS Realty Investors LLC holding company, sold the property to IMT Capital V Hyland Hills LLC, an affiliate of California-based real estate investment firm IMT Capital LLC, according to Adams County public records.

The apartment complex at 4901 W. 93rd Ave, which was built in 1994 and features one- and two-bedroom units

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Lucas is an award-winning journalist who worked at news agencies from Maryland to Wyoming to South Carolina before putting roots down in Colorado.

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