CREJ - page 6

Page 6 —
COLORADO REAL ESTATE JOURNAL
— July 15-August 4, 2015
Greater Denver
by John Rebchook
Before Adam Sands, a senior
vice president at FirstBank,
approved the $30 million loan
for the five-story, 203-unit
Decatur Point apartment com-
munity, he checked out what
else is happening in the Jeffer-
son Park neighborhood where
the $47 million project was
planned.
“We looked at (Decatur
Point’s) site and at the other
projects coming on line,” Sands
said.
His team also checked out
the leasing activity and rates
at the two other big apartment
communities in Jefferson Park,
the 332-unit 2875 Speer Boule-
vard development developed
by Amstar and Allied Orion
Holdings, and the 268-unit Ele-
ment 47 by Windsor.
“They are getting very strong
Craine Architecture is designing the 203-unit, five-story Decatur Point in Jefferson Park.
An aerial view of Decatur Point, under construction in Jefferson Park
1,2,3,4,5 7,8,9,10,11,12,13,14,15,16,...96
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