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EverWest sells luxury apartments in Denver Tech Center for $115m
Transactions - OCTOBER 11, 2022

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EverWest sells luxury apartments in Denver Tech Center for $115m

by Released

EverWest Real Estate Investors has completed the sale of Peakview Apartments, located in the heart of the Denver Tech Center, for $115 million.

The luxury community totals four stories and 304 units within the amenity-rich community of Centennial, Colorado and minutes from light rail, offering quick access to Denver’s central business district.

The multifamily development was completed in 2015 and since then has maintained strong occupancy. The asset has been purchased by Griffis Residential, a multifamily real estate investment company that owns and manages approximately 8,000 apartment homes in Colorado, Texas, California, Oregon and Washington.

“The success of this disposition reinforces that multifamily is still a very desirable product type for buyers in the Colorado market,” said Krystal Arceneaux, executive vice president and head of asset management for EverWest. “As an active buyer and seller ourselves, EverWest will redeploy a portion of the pr

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