Gelt Inc. broadened its Denver-area apartment portfolio by acquiring the 472-unit Kallisto at Bear Creek. The Los Angeles buyer paid seller Holland Partner Group $145.5 million for the multifamily property at 2605 S. Miller Dr. in the Bear Creek area of Lakewood, CO. The acquisition brings Gelt’s holdings to 2,500 units in the region. The buy resulted from an upleg in a 1031 exchange with the…
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