NC apartment investor buys Touchstone Apartments for $117.5M
BROOMFIELD — Bell Partners Inc., a North Carolina-based multi-family housing investor and management company, bought the Touchstone Apartments community in Broomfield this month for $117.5 million, one of the city’s largest single-asset residential deals of the year.
Through holding company Bell Fund VII Broomfield LLC, Bell purchased the 292-unit complex built in 2018 from Ridge at Broomfield Fund XI LLC, an entity controlled by Boston-based investor TA Realty.
Touchstone will be rebranded as Bell Broomfield, Bell said in a news release.
The community has one-, two- and three-bedroom units. Amenities include garages, fitness center and pool.
Bell’s purchase of the property was part of…
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