Updated Oct 22, 2025
Trinity Property Consultants Acquires ReNew Pinehurst Multifamily In Denver From Advenir Azora For $40M
3550 South Kendall Street
$40,000,000
Units
230
Asset Type
MultiFamily
Closing
Oct 21, 2025
About this deal
AI
The property asset involved in the transaction is a multifamily complex located at 3550 South Kendall Street in Denver, CO. This asset includes a total of 230 units, which were sold for a transaction price of $40,000,000, equating to approximately $173,913 per unit.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $40,000,000
- Units: 230
- Price Per Unit: $173,913
- Buyer: Trinity Property Consultants
- Seller: Advenir Azora
- Market: Denver, CO
The key individuals and companies involved in this transaction include Trinity Property Consultants as the buyer and Advenir Azora as the seller. This deal reflects the acquisition of the ReNew Pinehurst apartment complex, which consists of 230 residential units.
Players
Denver MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93