Blackstone Group Hooks Haven by Watermark
Watermark Residential recently completed the sale of Haven by Watermark, a 206-unit class-A multifamily community in Denver’s master-planned community of Green Valley Ranch. Blackstone Group acquired the property for an undisclosed purchase price.
“The leasing and investor interest in Haven by Watermark further affirms Watermark’s ability to deliver sought-after communities based on style, convenience and luxury,” said Josh Purvis, managing partner of Watermark Residential.
Haven by Watermark is located at 18400 Elmendorf Dr. Completed in 2020, the 97 percent leased community features an e-Urban design that is 30 percent more efficient and utilizes 30 percent less materials than traditional design. The one- and two-bedroom apartment homes are located north of Interstate 70 and Pena Boulevard, the primary link to Denver International Airport.
Dan Woodward, David Potarf, Matthew Barnett and Jake Young with CBRE represented Watermark on the sale.