High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Phoenix & Southwest  + Southwest  + Apartments  | 
Edison at RiNo

Carmel Picks Up Second Denver Rental Asset This Month

Carmel Partners purchased Edison at RiNo, a 277-unit luxury apartment building at 3063 Brighton Blvd. in Denver. The company paid $76.6 million for the apartment complex.

Clarion was the previous owner. JLL secured Clarion a $60.3 million as part of a refinancing for Edison.

Edison is a nine-story building with ground-floor townhome-style units and high-level amenities including multiple resident lounges, ski and bike storage, a pet wash station, fitness classes and an on-demand chore service option integrated into the property. The property sits on a 1.8-acre parcel. Greystar manages the property. 

Just last month, Carmel bought The Fitzgerald at 1840 Market St. for $110 million.

Connect

Inside The Story

Carmel Partners

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action