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New York Investor Dishes Out Nearly $100 Million for Denver-Area Apartment Complex

Phoenix Realty Group Expands Colorado Multifamily Portfolio in Deal for 336-Unit Property
Phoenix Realty Group, a New York-based multifamily real estate investor, has closed on the Alvista Nine Mile apartment complex in Denver. (CoStar)
Phoenix Realty Group, a New York-based multifamily real estate investor, has closed on the Alvista Nine Mile apartment complex in Denver. (CoStar)
CoStar News
September 22, 2022 | 6:50 P.M.

Rent growth and ongoing tenant demand in Denver helped trigger a nearly $100 multifamily deal as investors prove their willingness to pay top dollar to expand their foothold in the expanding region.

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