Hamilton Zanze, a San Francisco–based multifamily real estate investment firm, has announced the sale of Platte View Landing, a 169-unit garden-style community in Brighton, Colo. The firm sponsored the acquisition of the property in 2006 and closed the sale on Dec. 9.
"We are happy with the sale of Platte View Landing, which we were able to execute amidst Colorado's challenging selling environment," said Anthony Ly, senior director of transactions at Hamilton Zanze. "Although many headwinds remain on the operational front as well as in capital markets, we were able to move forward with the disposition, which we believe will generate a tremendous return for investors. We held the property for almost 20 years — which included a refinance during the hold — and this is a prime example of HZ's ability to own and operate a property for the long haul."
Situated at 90 Miller Ave., Platte View Landing features one-, two- and three-bedroom homes as large as 1,166 square fe