Carmel Partners, a leading multifamily investment manager and developer, announced today that it has closed on the sale of The Henry, its landmark 403-unit luxury apartment complex at 201 Mississippi Avenue in Platt Park, Denver, CO.
DENVER, Colorado - July 29, 2021 /MarketersMedia/ —
Carmel Partners, a leading multifamily investment manager and developer, announced today that it has closed on the sale of The Henry, its landmark 403-unit luxury apartment complex at 201 Mississippi Avenue in Platt Park, Denver, CO. Terms of the transaction were not disclosed.
Carmel Partners is proud to have created an award-winning apartment community that has received acclaim as one of the best places to live in one of the most vibrant neighborhoods in Denver. Carmel was the developer, builder, and owner of The Henry, which opened in October 2018 and has become a sought-after residence with a current occupancy rate of 96%. The Henry’s elegant design is a modern tribute to the Prairie School design style and the Arts and Crafts era, with their devotion to creating open, flowing and highly functional living spaces, and an architectural style in the spirit of its neighboring environment.
Jeff Panek, Carmel Partners’ SVP, Development Denver, said, “Carmel worked closely with our architect Kephart and interior design firm Vida Design to create a multifamily residence that gives apartment living art-infused livability and many conveniences. We believe that people want their apartment to be where they spend their weekends, and The Henry offers residents abundant opportunities for relaxation on the sky decks or at the pool, exercise, and meeting rooms. Our residents enjoy a sweeping 60,000 square feet of interior amenity and courtyard space, and just outside, a thriving neighborhood of shops and restaurants, parks, and nature trails. The Henry is on its way to becoming an iconic Denver address.”
Carmel Partners named The Henry in recognition of Henry Read, an influential Denver painter and designer, who was one of the founders of the Denver Artists’ Club in 1898.
The 4-acre property has both a wide range of modern amenities and luxury finishes including a nearly one-acre lush courtyard with resort-style pool and spa, alfresco dining areas, co-working space, a spacious, cutting-edge fitness center, and yoga studio. The Henry is minutes from downtown Denver, close to two light rail stations, and surrounded by parks, cycling and nature trails. Tenants’ bike storage is accommodated by an expansive 3,400 square foot area with workbenches and gear lockers.
Large windows throughout The Henry create a feeling of spaciousness and light, and well-placed fireplaces and firepits add a dramatic touch to common rooms and the sky deck. All residents can enjoy the panorama of the Rocky Mountains and downtown Denver from the rooftop lounges, and higher floor apartments also enjoy these views.
Carmel Partners builds “green” properties with the intention of meeting or exceeding the standards needed to qualify for green certifications. The Henry has been Silver Certified by the National Green Building Standard (NGBS) for high performance in its site design, resource, water and energy efficiency, indoor environmental quality and building operation and maintenance.
About Carmel Partners
Carmel Partners is a leading specialist in real estate investment management with a focus on U.S. multifamily development and construction. The company also specializes in debt and lending opportunities. Carmel Partners, LLC was founded in 1996 and has offices across the country, including San Francisco, Los Angeles, Irvine, New York City, Seattle, Washington D.C., and Denver. For more information, please visit www.carmelpartners.com.
Release ID: 89039169