InterCapital Group And Pamera North America Acquire Multifamily Property In Denver For $95 Million

The property involved in the transaction is a multifamily asset situated at 444 East 19th Avenue in Denver, CO. InterCapital Group and Pamera North America acquired this 302-unit community for a transaction amount of $95 million. The property, built in 2013, is LEED-certified and includes 10,000 square feet of retail space, along with 369 parking spaces and various amenities, boasting a 95% occupancy rate at the time of the sale.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $95,000,000
• Units: 302
• Price Per Unit: $314,570
• Buyer: InterCapital Group & Pamera North America
• Seller: RREEF Property Trust
• Brokers: Brad Schlafer, Christopher Hart, Shane Ozment & Terrance Hunt - CBRE

The transaction highlights the involvement of notable brokers from CBRE, specifically Brad Schlafer, Christopher Hart, Shane Ozment, and Terrance Hunt, who represented the respective parties in the deal.