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HFF Closes $127M Luxury Colo. Apartment Community Deal

Law360, New York (July 20, 2017, 3:41 PM EDT) -- Holliday Fenoglio Fowler LP on Wednesday announced that it closed the sale of a $127.4 million luxury Denver-area apartment community to a group of institutional investors led by JPMorgan Asset Management.

HFF advised the seller of the Kent Place Residences, real estate investment firm Forum Real Estate Group, on the sale. Built in 2015, the 300-unit apartment community boasts one-, two- and three-bedroom units that average 1,243 square feet, HFF said.

In its announcement, HFF said the units boast luxury finishes, including vinyl wood-plank flooring, granite...
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