Arista Uptown apartments sold to Goldman affiliate for $95M
BROOMFIELD — A real estate investment affiliate of Goldman Sachs Group Inc. has purchased the 272-unit garden-style apartment community Arista Uptown in Broomfield for $95 million.
The deal represents the second major multifamily transaction in the Arista development in as many months.
Goldman, through holding company Buyer Arista Uptown Owner LLC and in partnership with Kennedy Wilson Holdings Inc. (NYSE: KW), purchased the roughly 10-year-old Arista Uptown from Seagate Arista Associates LLC, Broomfield property records show. Seagate is a Denver-based real estate investment firm.
The new owners plan to “renovate unit interiors, refresh common areas and enhance amenities to improve the renter experience,”…
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
-
Early-bird registration ends at 11:59 p.m., Monday, Oct. 21, for the 17th annual Boulder Valley…
-
The Idaho real estate company that purchased a 405-unit Fort Collins apartment building last month…
-
Hensel-Phelps Construction Co. is one of seven contractors nationwide to win a Trimble Construction Innovation…
-
Delo Apartments, a 130-unit apartment building near downtown Louisville, sold this month for $42 million.
