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PCCP JOINT VENTURE ACQUIRES TWO APARTMENT PROPERTIES

DENVER AND AURORA, COLO. — Pacific Coast Capital Partners (PCCP) has partnered with Denver-based Griffis Value Added Fund LLC, a private equity real estate fund sponsored by The Griffis Group of Companies, to acquire the 328-unit Gateway Park community and the 240-unit Bristol Village community. Located at 4255 Kitteredge St. in Denver, Gateway Park features a fitness center, a pool, a business center and a clubhouse. Bristol Village, which is located at 17201 E. Walsh Way in Aurora, offers a business center, a fully outfitted clubhouse, a fitness center, detached garages, and a resort-style pool and spa. Pamela Koster of Moran & Company represented the seller, Chicago-based AMLI Residential, in the Gateway transaction; Garrette Matlock of Marcus & Millichap represented the seller of Bristol Village, Denver-based Jordon Perlmutter & Co., in the transaction. The acquisition price was not disclosed.

Content Partners
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‣ Lee & Associates
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‣ Walker & Dunlop

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