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Granite Capital Group Acquires 105-Unit Townhome/Apartment Complex in Fort Collins, Colorado

Posted Tuesday, July 25th, 2017

Fort Collins, CO—Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with multiple Colorado real estate holdings, has purchased the 105-unit Brooklyn Park Rowhouses, a townhome/apartment complex in Fort Collins, Colorado. The sales price was $27.8 million. The transaction closed June 23. Located at 2758 Iowa Drive, the property consists of 12, Class A buildings that were built in 2007 and 2008. It is situated on 4.4 manicured acres and features a mix of 2 and 3… [ Read More ]

Granite Capital Group Purchases Kipling Commons, A New Arvada, Colorado Rental Community

Posted Tuesday, November 8th, 2016

Arvada, CO—Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with a number of Colorado holdings, has purchased the recently completed Kipling Commons, a 48-unit residential development in Arvada, Colorado, 11 miles northwest of downtown Denver. The sales price was $10.6 million. It is anticipated the project will immediately return to investors a better than 10% cash on cash return. Located at 10125 West 72nd Avenue, Kipling Commons consists of six, two-story suburban apartment buildings, each housing… [ Read More ]

Granite Capital Group Closes Funding on $41.5 million Low Density, 169-Unit Rental Community at Vista Ridge in Erie, Colorado

Posted Friday, October 28th, 2016

Erie, CO—Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm, has closed initial funding and is in the midst of its development of Fairways at Vista Ridge, a $41.5 million, 14.5-acre, 169-unit single-family rental community in Erie, Colorado’s Vista Ridge Master Planned community. Fairways will include 36, four-unit buildings containing 144 homes, each with direct access to one or two car garages. Fairways will also feature 25 single-family patio rental homes. The total rentable square feet is… [ Read More ]

Granite Capital Group Sponsors Commercial Real Estate Structured Limited Partnership for Accredited Investors

Posted Wednesday, August 24th, 2016

Santa Barbara, Calif.–Granite Capital Group, Inc. (GCG), a Santa Barbara, California real estate investment firm, provides accredited investors with access to the commercial real estate market through structured limited partnerships. “Our real estate opportunities are strategically designed to deliver exceptional returns and mitigate risk while focusing on cash flow and asset appreciation,” says Bruce Savett, GCG founder and principal “That’s why we have a pool of over 250 investment clients who have invested in multiple partnerships with us. GCG leverages… [ Read More ]

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