NYC investor buys The Outpost apartments for $66M

FORT COLLINS — Ft Collins Borrower LLC sold The Outpost apartments to PR CR Outpost LLC for $66 million.

A deed with the Larimer County Clerk and Recorder is dated Oct. 22.

Secretary of State filings for the seller give a Columbus, Ohio, address for the LLC. It shares the address with Coastal Ridge Real Estate Partners LLC and one of the latter’s portfolio apartment properties.

Coastal Ridge owns or manages 50 apartment communities in 18 states, excluding the Fort Collins site, according to its website. Twenty-two of the 50 are in Ohio; most of the others are in the southeastern U.S.

The buyer…