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Green Leaf Capital Acquires 171-Unit Multifamily Complex In Denver For $57M

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SOLD
$57,000,000

Colorado

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MultiFamily
Sold 01/09/2024
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Property Image
SOLD

Green Leaf Capital Acquires 171-Unit Multifamily Complex In Denver For $57M

360 Acoma Street

See Similar Deals
MultiFamily
Sold 01/09/2024
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Summary

COLORADO
Asset Type:MultiFamily
Transaction Type:Sale

The Denver suburb of Baker has seen a recent sale of a five-story, 171-unit apartment complex. Lennar subsidiary Quarterra, represented by Jeff McCall, sold the property for $57 million to Green Leaf Capital Partners, led by buyer Farrokh Billimoria. The apartment complex, previously known as Quarterra, has been renamed Green Leaf Jayne.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $57,000,000
  • Address: 360 Acoma Street, Denver, CO
  • Market: Denver, CO
  • Seller: Jeff McCall - Quarterra
  • Buyer: Farrokh Billimoria - Green Leaf Capital Partners
  • Units: 171
  • Price Per Unit (PPU): $333,333

Green Leaf Capital Partners, represented by Farrokh Billimoria, made a significant investment in the Denver suburb of Baker by acquiring a five-story, 171-unit apartment complex. The property, formerly known as Quarterra, was sold by Jeff McCall of Quarterra for $57 million. The purchase marks a strategic move for Green Leaf Capital Partners as they rebrand the apartment complex as Green Leaf Jayne.

Players

2 deals$100M volume
BUYER

Details

SOLD
IMAGE: Farrokh Billimoria & Jeff McCall DATE: 01/09/2024 ADDRESS: 360 Acoma Street MARKET: Denver, CO ASSET TYPE: Multifamily BUYER: Farrokh Billimoria - Green Leaf Capital Partners SELLER: Jeff McCall - Quarterra SALE PRICE: $57,000,000 UNITS: 171 ~ PPU: $333,333 NOTE: Lennar subsidiary Quarterra has sold a five-story, 171-unit apartment complex in the Denver suburb of Baker for $57 million, with Green Leaf Capital Partners acquiring the property and renaming it Green Leaf Jayne.

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