Chicago-based firm buys apartments in Denver’s RiNo for $89M

DENVER – Chicago-based Amli Residential has purchased another Denver apartment complex, this time in the River North area, for $89 million, according to Denver County public records.

The Denver Business Journal reports that The Crossing at Denargo Market, at 2525 Wewatta Way, traded to Amli last week, according to a special warranty deed filed with the Denver County Clerk. The property has been renamed Amli Denargo Market

The 321-unit complex sold for $277,258 per unit. Its acquisition brings the total number of Colorado apartment units owned by privately-held Amli to more than 3,000.

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