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Trion Enters Denver Market with $38M MF Acquisition
Trion Properties acquired The View at North Peak, a 288-unit multifamily community in Northglenn, CO, a suburb of Denver, from an unnamed New York-based real estate investment company. The mixed-income property at 10701 North Pecos St. was purchased in an off-market transaction for $38 million.
The acquisition is Trion’s first in the Denver market. Trion plans to rebrand the 1970-built asset to View Apartments and continue improving the property with additional interior and exterior enhancements.
Trion Properties’ Max Sharkansky says, “As an experienced owner and operator of apartment communities in the western region, including the Greater Portland, Bay Area, and Los Angeles markets, we recognize Denver as a market with powerful potential for return on investment.”
Colliers’ Craig Stack and Bill Morkes negotiated the deal. Continental Partners arranged the acquisition financing with Fannie Mae.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

