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

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.