Out-of-state investors trade Terracina Apartments in Broomfield

BROOMFIELD — After holding the Terracina Apartments complex in Broomfield for fewer than four years,  The Connor Group, an Ohio-based real estate investment firm, offloaded the asset to a Southern California investor for nearly double what it paid.

Newport Beach-based Sares Regis Group, through holding company SRGMF IV Via Varra Road Broomfield LLC, bought the nearly 15-year-old property 13690 Via Varra near U.S. Highway 36 and Northwest Parkway for $190 million. Seller was The Connor Group-affiliated holding company Via Varra Broomfield LLC, Broomfield real estate records show. That price tag makes the Terracina sale one of the region’s…