Real Estate & Construction  October 10, 2023

Fort Collins Willow apartments sell for $65 million

FORT COLLINS — A California-based real estate investment company has purchased the Willow Street apartments at 281 Willow St. in Fort Collins. Purchase price in the Sept. 28 transaction was listed at $65 million.

The buyer, Borello Asset Management Inc. of Morgan Hill, California, invests in multi-family real estate; it has 813 units and $350 million under management.

Seller, according to Larimer County property records, was CA Residential Fort Collins Property Owner LLC, which shares the same Chicago address as CA Ventures, a real estate investment management firm with $10 billion in gross asset value, according to its website.

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.

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