$31MStrategic acquisitionReal EstateCompleted
Avanti Residential buys Denver high-rise for $31M
Denver-based multifamily owner-operator Avanti Residential acquired Park Cheesman Apartments, an 11-story, 88-unit concrete tower at 1177 Race Street. The deal closed October 27, 2026, at $31.0 million. Avanti assumed the property's existing long-term fixed-rate loan from Nationwide Life Insurance Company.
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