Scott W. Amling Of TA Realty Acquires 296-Unit Gateway Arvada Ridge In Arvada For $100M

The property involved in this transaction is the Gateway Arvada Ridge apartments, a multi-family asset located at 5458 Lee Street in Arvada, Colorado. The sale price for the 296-unit complex was $100,000,000, resulting in a price per unit of approximately $337,838.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $100,000,000
• Units: 296
• Buyer: Scott W. Amling - TA Realty
• Seller: Matt DeMonte - Revantage

TA Realty, based in Boston, completed the acquisition of the Gateway Arvada Ridge apartments. The seller, Revantage, is a Blackstone affiliate that purchased the property in 2022 for $131 million.