Carmel Partners Acquires 277-Unit Edison At RiNo In Denver For $76.6 Million

The multifamily property at 3063 Brighton Boulevard in Denver, CO, spans 1.8 acres and includes 277 residential units. Carmel Partners acquired the property, known as Edison at RiNo, from Clarion Partners for a total sale price of $76,600,000, resulting in a price per unit of $276,534. The property is managed by Greystar and is a nine-story structure situated in a competitive rental market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $76,600,000
• Buyer: Carmel Partners
• Seller: Clarion Partners
• Broker: JLL
• Units: 277
• Price Per Unit: $276,534
• Sale Date: 09/28/2026
• Address: 3063 Brighton Boulevard
• Market: Denver, CO

Carmel Partners' acquisition marks its second rental property purchase in Denver within the same month, following its earlier acquisition of The Fitzgerald for $110 million. The transaction highlights Carmel Partners' strategic expansion in the Denver market through this significant investment.