Pacific Urban Investors Acquires Viridian Multifamily In Greenwood Village For $117M

The Viridian is a 420-unit apartment community located at 5335 South Valentia Way in Greenwood Village, Colorado. The property was recently sold for $117 million to Pacific Urban Investors from an affiliate of Alliance Residential Co. This equates to a price per unit of $278,571.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $117,000,000
• Units: 420
• Market: Greenwood Village, CO
• Buyer: Pacific Urban Investors
• Seller: Affiliate of Alliance Residential Co

Pacific Urban Investors was represented by their broker in this transaction, which marked the acquisition of the 420-unit apartment complex in Greenwood Village. The sale involved key individuals from Pacific Urban Investors and the selling party, Alliance Residential Co. The successful deal represents a significant investment in the multifamily sector in the Greenwood Village market.