Continental Properties is very excited to announce the first multifamily closing in the Denver market! Springs at Sandstone Ranch will sit on a 46-acre parcel in Longmont, CO, a high growth market approximately 30 miles north of Downtown Denver.The site benefits from easy access to I-25 and close proximity to multiple demand drivers, including a new $170 million University of Colorado hospital. Upon completion this new Springs community will consist of 12 buildings totaling 240 apartment homes.
Over the past 16 months Springs Team 1 has overcome numerous challenges in order to close. As with every deal, the development team benefited from the expertise and exceptional talent that we enjoy at Continental, including market research, site planning, construction, legal and finance. No transaction could happen without the commitment of every member of the team, particularly in a new market.
Please join me in celebrating a wonderful accomplishment for our organization - the first Springs community in Colorado.