RREEF ACQUIRES 14-STORY APARTMENT TOWER

DENVER — RREEF, on behalf of an institutional client, has partnered with Redhill Realty Investors to acquire Mezzo Apartment Homes, which is located in Denver’s central business district, for an undisclosed price. The 14-story, high-rise property features a fitness center, a cyber café, a large outdoor patio and 14,000 square feet of street-level retail space. The buyers plan to renovate the apartment units and common areas. Jeff Hawks and Doug Andrews of Apartment Realty Advisors represented the seller, Fairfield Residential, in the transaction.