MG Properties has completed the acquisition of Bear Valley Park Apartments, a garden-style community located in Denver, for a total purchase price of $76 million.
Located in southwest Denver on the border of Lakewood, the residential community offers residents a suburban living experience with access to employment centers throughout the metro area, including the Southeast Business Corridor and downtown Denver, both within a 25-minute drive. Bear Valley Park has a range of amenities and large renovated floorplans and is within walking distance to a variety of retailers, eateries and outdoor recreation.
The seller, Jackson Square Properties, was represented by JLL Capital Markets. Financing for the transaction was provided by Fannie Mae and arranged by JLL Capital Markets.
