Brickstone Partners, a full-service real estate investment and development firm located in Nashville, has purchased Kensington Apartments, adjacent to the University of Colorado at Boulder.
"Kensington is a continuation of our core investment thesis: investing in residential and commercial real estate assets that are in highly constrained markets and generate opportunistic yields," said Daniel Otis, founder of Brickstone. "The fact that this property has never traded hands since its development more than 50 years ago is a substantiation of why we continue to invest heavily in Boulder."
Since its founding in 2001, Brickstone has been involved in more than $1 billion of real estate transactions, including more than $500 million in Boulder.
Just blocks from the University of Colorado at Boulder campus, Kensington Apartments offers 163 units and a host of amenities designed specifically for students, including an onsite laundry facility, underground parking, fitness
