DENVER-Holland Residential, a division of Seattle-based Holland Partners Group, has paid $42.5 million for Legacy Heights, a 385-unit apartment complex in Federal Heights. Fairfield Residential Co. LLC was the seller.
The multifamily property, constructed in 1998, is located at 2700 W. 103rd Ave. Public records showed that Fairfield acquired the property in 2006 for $36.1 million. Jeff Haag, Mark Favro and Pat Stucker of Cushman & Wakefield of Colorado Inc. negotiated the deal on behalf of the seller. For the full story, go to Denver Business Journal .
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