Denver Business Journal Mill Creek Residential has paid $182 million, or $436,450/unit, for Modera Art Park, a 417-unit apartment property in Denver. The Dallas investment manager purchased the property from its developer, Carmel Partners of San Francisco, in a deal brokered by JLL. The deal previously had been reported, but a sales price then wasn’t available. […]

The post Mill Creek Buys Denver Apartment Property for $182Mln appeared first on Commercial Real Estate Direct.