Paskin Group Acquires B Street LoHi Apartments In Denver For $29M

The B Street LoHi Apartments, a 73-unit multifamily property located at 1736 Boulder Street in Denver, has been acquired by Paskin Group for $29 million. The purchase price amounts to approximately $397,260 per unit. The seller of the property was developer Palisade Partners.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $29,000,000
• Units: 73
• Price Per Unit (PPU): $397,260

The acquisition of the B Street LoHi Apartments was executed by Paskin Group, with Michael Paskin leading the transaction. The brokerage firm Northmarq, represented by Rich Ritter, Brian Mooney, and David Martin, facilitated the deal between the buyer and the seller, Palisade Partners.