VCM is Pleased to Announce the Sale of Stratford at Lowry Apartments located in Denver, Colorado
08 November, 2019
November 8, 2019 – VCM recently completed the sale of Stratford at Lowry Apartments which resulted in a deal-level return and equity multiple of 27% and 1.8x, respectively.
Purchased by VCM in September 2016, Stratford at Lowry is located 15 minutes from the Denver Tech Center Business Corridor, Denver’s largest employment hub, which consists of over 41 million square feet of office space and more than 175,000 jobs. The Property enjoys high drive-by visibility along Alameda Avenue and Havana Street with traffic count of more than 75,000 vehicles per day.