CBRE Arranges $80.8 Million in Financing for Windsor Apartments Near Denver

CBRE has secured $80.8 million in financing for Brixton Capital to acquire the 352-unit Windsor Townhomes and Apartments in Lakewood, Colo.

Scott Peterson, Mark McGovern, Colby Matzke and Brian Cruz with CBRE's San Diego-based Capital Markets' Debt and Structured Finance practice, secured the original agency loan. Brixton Capital acquired the property from the University of California System Regents.

"Brixton will implement an extensive capital improvement plan to renovate the units and enhance the community's exterior," said Mr. Peterson, vice chairman at CBRE.

Located at 8153 West Eastman Place, the community features one-, two- and three-bedroom floorplans with nine-foot ceilings, crown molding, gas fireplace, walk-in closets and attached garage. Located in suburban Denver, the property is 10 miles from downtown Denver and a short drive from the Belmar Shopping District and the Colorado Mills Mall.

"Given Brixton's outstanding track record of successful real estate investing spanning three decades and over 800 properties, they have proven to be one of the country's most adept real estate investors," added Mr. Peterson.