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Bell Partners acquires three apartment communities in Denver and Miami
Transactions - JANUARY 24, 2025

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Bell Partners acquires three apartment communities in Denver and Miami

by Released

Bell Partners has acquired Cherrywood Village, located in Parker, Colo.; Luna Bella, located in Lafayette, Colo., and Bridges at Kendall, located in Miami.

The properties were purchased on behalf of the Company’s Bell Value-Add Fund VIII in separate transactions for a total of $264.3 million. The communities have been renamed Bell Parker, Bell Lafayette and Bell Kendall West, respectively.

“Our deep local presence in our 12 target regions enables us to find quality assets in submarkets where we see a favorable growth outlook and attractive intrinsic value,” said Nickolay Bochilo, CIO at Bell Partners. “We look forward to repositioning these three assets and to provide affordable rental options relative to resident incomes and for-sale housing.”

Completed in 2002, Bell Parker is a 360-unit, garden-style community located at 16950 Carlson Drive in the Denver submarket of Parker. The company acquired Bell Parker in January from Starwood/SREIT for $103.3 m

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