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Carmel Partners buys 277-unit apartment building in Denver for $76.6M
The purchase covers Edison at RiNo, a nine-story property on a 1.8-acre parcel, with Greystar managing the building.
Carmel Partners has purchased Edison at RiNo, a 277-unit luxury apartment building at 3063 Brighton Blvd. in Denver, for $76.6 million, according to ConnectCRE.
Clarion was the previous owner, and JLL arranged a $60.3 million refinancing for Clarion as part of the Edison transaction.
The nine-story building sits on a 1.8-acre parcel and includes ground-floor townhome-style units, along with amenities such as multiple resident lounges, ski and bike storage, a pet wash station, and an on-demand chore service option integrated into the property.
Greystar manages the apartment complex.