Sequoia Equities, Inc. Acquires 310-Unit Multifamily Community in Denver, CO

February 28, 2023 | by Sequoia
Sequoia Equities, Inc. Acquires 310-Unit Multifamily Community in Denver, CO

WALNUT CREEK, CA - Sequoia announces the acquisition of Vue West, a 310-unit, mid-rise, 6-story apartment community located in Denver, Colorado. Built in 2021, Vue West sits directly adjacent to Belleview Station, a 55-acre mixed-use development that will feature 2.2 million square feet of Class A office space, 300,000 square feet of retail, two hotels, five parks, and light rail access, all within walking distance for residents. Vue West sits on 2.5 acres and comprises over 254,634 residential square feet.

The newly constructed community consists of studio to three-bedroom apartment homes with high-end finishes and upscale community spaces. Vue West apartments feature open-concept floor plans with 9’-12’ ceilings, high-end interior options such as built-in wine fridges, smart thermostats, under-cabinet lighting, and tile backsplashes in the kitchens and showers. The homes also offer keyless entry for ultimate convenience. With two interior color palettes to pick from, prospective residents will be delighted at the various design options they can choose when they make Vue West their next home. Boasting a full suite of modern amenities, including a state-of-the-art fitness center, resort-style pool deck with heated pool and oversized spa, community clubhouse with kitchen, business center with work areas, package lockers, onsite bark park, and a paw spa. This is the 4th community Sequoia has acquired within the Denver Metro area since 2021; their management portfolio now consists of 17,746 homes across 85 communities.

“With Vue West’s quality construction, ideal proximity to top employers, and variety of luxury interior finishes within a multitude of floor plan layouts, we are thrilled to acquire this grade-A asset,” states Sequoia’s executive team. “And we look forward to our continued expansion in the Denver market.” Sequoia will not only own the asset, but its management arm will provide the day-to-day operational services for the building as well. Sequoia wishes to thank the sellers, Crescent Real Estate, and their equity partner for working together on this project. Thanks to the JLL Denver team and mortgage broker representation, the acquisition was seamless.

Centrally located within Denver’s Southeast Business Corridor, and in the heart of the Denver Tech Center, Vue West offers its residents quick access to over 40 million square feet of office space which features multiple top employers. An estimated 240,000 high-quality jobs exist within a few-mile radius of the community. Located directly adjacent to Vue West, the Belleview Station master-planned development is a walkable district that includes a diverse mixture of dining, convenience, and apparel retailers. In addition, the property is within walking distance of the Belleview Station RTD light rail station, and adjacent to Interstate 25 & 225, providing residents with seamless access to the bustling Denver Metro area.

About Sequoia Equities, Inc. Established in 1986, Sequoia has always remained committed to its mission of striving to make the ordinary a little more special by inspiring our employees and creating communities where people can expect more out of everyday life. Over 25,000 residents come home to a Sequoia community at the end of the day. Offering more than just great locations and comfortable residences, each community is managed by a team of professionals dedicated to creating customer experiences that are consistently memorable and truly referral worthy.

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