Hudson Grove Property Management Acquires Belle Creek Apartments From Kurt Houtkooper For $32.9M

The Belle Creek Apartments, located at 10754 Belle Creek Boulevard in Henderson, Colo., was sold for $32.9 million in a multifamily property transaction. The 156-unit asset was acquired by Hudson Grove Property Management from seller Kurt Houtkooper - Hamilton Zanze. PGIM Real Estate facilitated the deal by providing $18.6 million in Fannie Mae financing.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $32,900,000
• Units: 156
• Price Per Unit: $210,897
• Buyer: Hudson Grove Property Management
• Seller: Kurt Houtkooper - Hamilton Zanze
• Lender: PGIM Real Estate

The transaction at Belle Creek Apartments in Henderson, Colo., involved key players such as Hudson Grove Property Management as the buyer and Kurt Houtkooper - Hamilton Zanze as the seller. The lender involved in the deal was PGIM Real Estate. Hudson Grove Property Management successfully completed the acquisition with financing support from PGIM Real Estate.