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Jonathan Rose Cos. Buys Colorado Affordable Housing Community for $56M, Extends Rent Restrictions
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Jonathan Rose Cos. Buys Colorado Affordable Housing Community for $56M, Extends Rent Restrictions
BOULDER, COLO. — New York City-based investment firm Jonathan Rose Cos. has acquired San Juan del Centro Apartments in Boulder from Related Cos. for $56 million. Jeff Irish and Jordan Skyles of Berkadia arranged the sale of the Section 8 and LIHTC property. Berkadia also provided an acquisition loan. Additionally, the capital stack included equity from the $660 million Rose Affordable Housing Preservation Fund VI. San Juan del Centro’s 150 units…
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