GCG Augments Colorado Portfolio With Acquisition of 167-Unit Belle Creek CommonsJanuary 28, 2019
Adding to its portfolio of high quality residential rental properties in the greater Denver metropolitan area, Granite Capital Group has acquired Belle Creek Commons, a 167-unit complex of townhomes and apartments in Henderson, Colorado. Belle Creek Commons consists of ten buildings, which were constructed in 2017 and 2018, and is part of the master-planned-community of Belle Creek. The purchase price for the complex, where all units feature 9′ ceiling heights and full size in-unit washer/dryers, was $34.17 million. More details on the acquisition are available here.