MG Properties has acquired Ridge at Castle Rock Apartments. Formerly known as Springs at Castle Rock, MG Properties purchased the property from Continental Properties for $67.1 million.
Offering one, two, and three bedroom apartments and lofts, Ridge at Castle Rock is a 2019 garden-style asset.
The community is located in Castle Rock, a submarket between Denver and Colorado Springs. The pProperty is located within The Meadows Masterplan Community.
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The seller, Continental Properties, was represented by David Potarf, Dan Woodward, Matt Barnett, and Jake Young of Walker & Dunlop. The property was financed with a mortgage provided by Fannie Mae and arranged by Bryan Frazier and
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