Summit Management has acquired The Elements at Prairie Center, a 100% geothermal apartment community in the Brighton suburb of Denver, from a partnership between C&A Cos. and Commonwealth Group for $72 million. The community is the second 100% geothermal-powered apartment complex in the submarket.

Elements at Prairie Center is a 288-unit apartment complex with a mix of one, two and three-bedroom floor plans totaling 264,579 rentable square feet on 15 acres. Community amenities include a resort-style outdoor swimming pool, off-leash dog park and fitness center.

CBRE’s Dan Woodward, David Potarf and Matthew Barnett represented the developer and seller in the deal.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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