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The Praedium Group Buys Bella Springs for $48.5 Million

HFF Facilitates Sale and Obtains $31.5 Million in Financing for Buyer
By Bryce Meyers
CoStar News
April 18, 2014 | 9:25 P.M.

The Praedium Group, a privately-held real estate investment firm based in New York City, acquired Bella Springs at 1050 Milano Point in Colorado Springs, CO from Griffis/Blessing and Consolidated Investment Group for $48.5 million, or about $133,000 per unit.

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