Denver — Amplify Development Co. has acquired Vista Apartments near the University of Denver for $41.3 million. The community was developed in 2008 and offers 284 beds across 84 units. Amplify plans to begin an extensive renovation at the property, which
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Denver — Berkadia has negotiated the sale of University Lofts, a mixed-use student housing community in Denver. Amplify Development Co. sold the propery to an undisclosed buyer for $24.5 million. Located at 2372 E. Evans Ave., University Lofts features 36 units
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Denver — Cardinal Groups Cos. has promoted Cara Athmann to chief operating officer. Athmann previously served as the Denver-based company’s chief technology officer. Prior to joining Cardinal in 2018, she most recently served as vice president at RevGen Partners. “We
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Denver — Cardinal Group Cos. has promoted John O’Brien to the role of chief administrative officer. In his new role, O’Brien will oversee the day-to-day operations of the Denver-based company’s corporate business. He will also oversee functions including finance, accounting,
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Boulder, Colo. — Brickstone Partners has acquired Kensington Apartments near the University of Colorado Boulder for $71 million. The property offers 163 units one block from the university’s campus, and features shared amenities including a clubhouse, fitness center, indoor swimming
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Denver — Cardinal Group Cos. has hired Jacob Kosior as vice president of centralized services. In his new role, Kosior will be responsible for building and implementing the Denver-based company’s centralization platform and sourcing strategic technology partners. Centralized services allow
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Denver — Yugo has named Joe Goodwin senior vice president of U.S. operations. In his new role, Goodwin will focus on operational performance, taking an active role in U.S. transaction activity and business development, while working with key partners to
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Fort Collins, Colo. — FPA Multifamily has completed the disposition of The Social Fort Collins, a 68-unit student housing community in Fort Collins. A Denver-based private equity group acquired the property for $25.5 million. Constructed in 2021, the property offers
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Denver — Cardinal Group Cos. has recapitalized an eight-property portfolio of student housing communities totaling 5,505 beds. The portfolio consists of mid-rise and garden-style properties located near Tier I universities. Prior to the recapitalization, the portfolio was held in a
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Denver — Yugo has named Simon Leopold global chief financial officer. In his new role, Leopold will lead the Denver-based company’s global finance function and compliance teams while working with key stakeholders to support Yugo’s strategic growth targets, with a focus
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Boulder, Colo. — CBRE has arranged the sale of a two-property student housing portfolio located near the University of Colorado, Boulder. Greystar acquired the communities — The Hive 9Seventy and The Hive Baseline — for an undisclosed price. Jaclyn Fitts,
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Denver, Colo. — Global student housing operator Yugo has appointed Rui Barros to the role of global chief operating officer. In his new role, Barros will lead the Denver, Colorado-based company’s operations and commercial teams, while working with partners to
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