Apartment Community Near Sloan’s Lake Sells for $125.6 Million

Apartment community near Sloan’s Lake sells for $125.6 million

Raleigh at Sloan’s Lake, a 249-unit multifamily community in Denver, has been sold to Florida-based Seminole Real Estate Fund for $125.6 million. CBRE represented the seller, Hines, in the transaction, which closed at more than $500,000 per unit, setting a record for multifamily pricing in Denver this year. The average price-per-unit in Denver in the third quarter of 2025 fell quarter-over-quarter to $278,000, according to CBRE Research. “The sa…

Denver Apartments Trade for Over $500K/Unit

Hines sold off the 249-unit Raleigh at Sloan’s Lake apartment community in Denver for $125.6 million. That comes out to over $500,000 per unit.  The lakeside property was acquired by Seminole Real Estate Fund. Delivered in 2020, Raleigh at Sloan’s Lake delivers residences averaging just under 1,000 square feet. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented Hines in the transaction. CBRE’s Hunt added, “The Raleigh …

Sloan's Lake Apartments Sell for Record Price

CBRE has arranged the $125.6 million sale of Raleigh at Sloan’s Lake, a best-in-class 249-unit multifamily community in Denver. The property was acquired by Florida-based Seminole Real Estate Fund, marking one of the most high-profile multifamily transactions in the Denver market this year. Raleigh at Sloan’s Lake achieved record pricing in Denver at over $500,000 per unit. The average price-per-unit in Denver in Q3 2025 fell quarter-over-quarte…

Seminole Real Estate Fund Buys Denver Apartment Complex for $125.6M

DENVER — Seminole Real Estate Fund has acquired Raleigh at Sloan’s Lake, a multifamily community in Denver, from Hines for $125.6 million, or approximately $504,417 per unit. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented the seller in the transaction. Delivered in 2020, Raleigh at Sloan’s Lake features 249 studio, one- and two-bedroom apartments averaging 994 square feet. The residences offer stainless steel appli…