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Hill Street Realty Acquires 197-Unit Multifamily Property From Cortland In Denver For $70M

Property Image
SOLD
$70,000,000

Colorado

See Similar Deals
MultiFamily
Sold 12/18/2025
the dealdetailscomps
Property Image
SOLD

Hill Street Realty Acquires 197-Unit Multifamily Property From Cortland In Denver For $70M

1200 Grant Street

See Similar Deals
MultiFamily
Sold 12/18/2025
the dealdetailscomps

Summary

COLORADO
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in the transaction is the Cortland Cap Hill apartment building located at 1200 Grant Street, Denver, CO. This multifamily asset comprises 197 units and was sold for $70,000,000, resulting in a price per unit of $355,330. This sale marks a decline from its previous acquisition price of $84.25 million in 2021.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $70,000,000
  • Units: 197
  • Price Per Unit: $355,330
  • Buyer: Hill Street Realty
  • Seller: Cortland
  • Market: Denver, CO
  • Sale Date: 12/18/2025

In addition to this transaction, Hill Street Realty has also made previous acquisitions in the Denver market, including VIA Apartments for $62 million in 2024. Notably, they now own multiple multifamily properties in Denver, including two sales by Cortland in 2025.

Players

Hill Street Realty
Hill Street Realty
BUYER
Cortland
Cortland
SELLER

Details

SOLD
IMAGE: 12/18/2025 ADDRESS: 1200 Grant Street MARKET: Denver, CO ASSET TYPE: MultiFamily BUYER: Hill Street Realty SELLER: Cortland SALE PRICE: $70,000,000 UNITS: 197 ~ PPU: $355,330 NOTE: Cortland sold the 197-unit Cortland Cap Hill apartment building in Denver to Hill Street Realty for $70 million, a 20% decline from its $84.25 million purchase in 2021. Hill Street, which also acquired VIA Apartments for $62 million in 2024, now owns multiple Denver multifamily properties, including two sales by Cortland in 2025.

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