Carmel Partners purchased Edison at RiNo, a 277-unit luxury apartment building at 3063 Brighton Blvd. in Denver. The company paid $76.6 million for the apartment complex.
Clarion was the previous owner. JLL secured Clarion a $60.3 million as part of a refinancing for Edison.
Edison is a nine-story building with ground-floor townhome-style units and high-level amenities including multiple resident lounges, ski and bike storage, a pet wash station, fitness classes and an on-demand chore service option integrated into the property. The property sits on a 1.8-acre parcel. Greystar manages the property.Â
Just last month, Carmel bought The Fitzgerald at 1840 Market St. for $110 million.
The post Carmel Picks Up Second Denver Rental Asset This Month appeared first on Connect CRE.
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