Avalon Bay Communities REIT pays $95 million for the 306-unit Avalon Cherry Hills rental community in Denver
The buildings feature studio, one-, two- and three-bedroom apartments with rents ranging from $1,365 to $2,682 per month. Publicly traded Avalon Bay Communities has purchased the 306-unit Alta Cherry Hills apartment complex in the southern Denver metropolitan area for $95 million. Bell Fund VI was the seller of the multifamily development at 3650 S. Broadway […]