Apartments at Denver Place Trades

DENVER—Waterton Associates LLC, a US real estate investor and operator, has completed the acquisition of The Apartments at Denver Place, a 193-unit high-rise apartment community located in downtown Denver. The community is the fifth property purchased by Chicago-based Waterton in 2014.

The Apartments at Denver Place is located within a larger mixed-use property known as Denver Place, which also includes a high-rise office building, a fitness facility and a controlled-access underground parking garage. The apartments are located in a 37-story mixed-use tower that contains 24 for-sale condominiums and a five-star Ritz-Carlton hotel on the first 14 floors of the building. Residents of The Apartments at Denver Place have access to the hotel’s full suite of luxury amenities including the 9,000-square-foot Ritz-Carlton spa, as well as the newly renovated 68,000-square-foot TruFit Athletic Club.