Summit buys in Salt Lake
DENVER — Summit Venture Capital Group in Denver bought The Towers on Main in Salt Lake City, a business publication in Utah said. This is Summit’s first deal in the city.
Summit and joint venture partner, Oklahoma-based Anthem Capital bought the mixed-use property for $23.3 million. It includes 174 apartments and a café. The 10-year-old complex will be renovated.
The seller was Laguna Point Properties in Orange County, Calif. The broker was Greg Barratt of Berkadia.
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DENVER — Summit Venture Capital Group in Denver bought The Towers on Main in Salt Lake City, a business publication in Utah said. This is Summit’s first deal in the city.
Summit and joint venture partner, Oklahoma-based Anthem Capital bought the mixed-use property for $23.3 million. It includes 174 apartments and a café. The 10-year-old complex will be renovated.
The seller was Laguna Point Properties in Orange County, Calif. The broker was Greg Barratt of Berkadia.
© 2021 BizWest Media LLC
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