MG Properties has closed on its third multifamily acquisition within the Denver space this 12 months: the Bear Valley Park Residences, a garden-style group that traded for $76 million. “This funding displays our confidence in Denver’s financial development potential and permits us to additional leverage the effectivity of our regional operations there,” stated Jeff Gleiberman, President of MG Properties, in ready remarks.
The vendor was Jackson Sq. Properties, which was represented by Jordan Robbins and Alex Possick with JLL Capital Markets. Financing for the transaction was offered by Fannie Mae and organized by Charles Halladay, Rick Salinas, Brandon Smith, and Annie Rice with JLL Capital Markets.
