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Thompson Thrift sells Denver-area apartments in flurry of Colorado activity

Developer marks second sale in past month as it ramps up $230 million construction fund

Citadel at Castle Pines, a 214-unit multifamily property in a Denver suburb, was sold by Thompson Thrift for $101 million. (CoStar)
Citadel at Castle Pines, a 214-unit multifamily property in a Denver suburb, was sold by Thompson Thrift for $101 million. (CoStar)

Thompson Thrift is shuffling its portfolio with the sale of another Denver-area apartment development amid several new openings over the past month and a goal of spending $230 million on new construction.

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