California real estate management firm acquires Fort Collins apartment complex for $74M
FORT COLLINS — Real estate investment group Buchanan Street Partners LP closed on a deal to purchase The Vibe apartment complex on Fort Collins’ east side in recent weeks for $74 million.
The Newport, California-based Buchanan Street Partners purchased the property at 3707 Le Fever Drive from Denver-based Milestone Development Group and a subsidiary registered to Fort Collins developer Les Kaplan, according to Larimer County property records.
Milestone and Kaplan both held a 50% interest in the property. County officials last valued the 10.15-acre land and 276-unit complex at $63.75 million. The $74 million sale price…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
A small collection of retail shops in southeast Fort Collins called Harmony Commons has changed…
-
McWhinney Real Estate Services recently sold Cycle Apartments, 400-unit apartment complex in Fort Collins it…
-
Anthony’s Pizza & Pasta is opening a restaurant on Sept. 13 in Fort Collins.
-
Big O Tires Fort Collins has donated $5,000 to Coats & Boots, a fundraiser sponsored…
