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Oak Coast Properties is bullish on the Denver market, specifically targeting the workforce housing segment. In the last 12 months, the firm has acquired $320 million in apartment properties, including its most recent purchase, The Courtyards at Buckley for $143 million. In 2020, Oak Coast plans to remain an active player in Denver as long as opportunities that fit the fir’s business plan are available.

“We like the Denver market because there is a lot of growth, both job growth and population growth, especially in the pocket that we are in,” Roy Kim of Oak Coast, tells GlobeSt.com. “We typically go after 70s and 80s vintage assets and we target the workforce housing community. We don’t have a lot of competition in that segment, and that has allowed us to have properties with strong occupancy and strong rent growth. We continue to see that, and we don’t see any threats of new supply coming to hinder our growth.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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