Borello Asset Management Acquires 197-Unit Multifamily Building In Fort Collins For $65M

CA Ventures has successfully sold 281 Willow, a newly constructed, 197-unit Class A apartment building in Fort Collins, Colorado, for $65 million. The property is located at 281 Willow Street in the Fort Collins market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $65,000,000
• Units: 197
• Price Per Unit: $329,949
• Buyer: Chris Borello - Borello Asset Management Inc
• Seller: Tom Scott & John Diedrich - CA Ventures
• Broker: Walker & Dunlop

Chris Borello, representing Borello Asset Management Inc, acted as the buyer in this transaction. The seller, Tom Scott, and John Diedrich, represented CA Ventures. Walker & Dunlop served as a broker in the deal.