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Texas Investor Sets Stage for Denver-Area Growth With $161 Million Multifamily Deal

Kairoi Residential Closes First Purchase for New Investment Fund Aimed at Expanding Colorado Footprint

Rents at the Zia Sunnyside apartment complex in Denver’s Sunnyside neighborhood command a steep premium compared to the citywide average. (CoStar)
Rents at the Zia Sunnyside apartment complex in Denver’s Sunnyside neighborhood command a steep premium compared to the citywide average. (CoStar)

A Texas investment firm is piecing together big plans to expand its western United States multifamily portfolio, kicking off what is expected to be a string of large acquisitions with a $161 million deal in a popular Denver neighborhood.

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