Forum Investment Group and Brookhaven Capital Partners acquire land in Denver for future multi-family development
Project of 300 apartments on a 2.6 acre site located in the heart of denver.
DENVER, August 3, 2022 /PRNewswire/ — Forum Investment Group (“Forum”), a denverThe New York-based real estate investment and development firm, along with its development partner, Brookhaven Capital Partners (“Brookhaven”), today announced the purchase of a 2.6-acre marquee site at the southwest corner of Colorado Boulevard and I-25, with plans to develop a 5-story, 300-unit multi-family community Denver, Colorado. This is the first joint land acquisition between Forum Investment Group and Brookhaven Capital Partners.
“Forum is delighted to partner with Brookhaven on this rare development opportunity,” said Rich Wilson, Senior Managing Director of Forum Development. “The unparalleled access, visibility and proximity to nearby retail and entertainment options make this an extraordinary location for a future Forum community. The site also offers unbeatable walkability to the Colorado Center RTD station. We look forward to contributing to the reinvestment already underway in this neighborhood and making much-needed improvements to this area of Colorado Boulevard, one of the city’s most important thoroughfares.”
“Brookhaven has successfully secured this highly sought-after property in an off-market transaction and we are delighted to bring on Forum, the best-in-class multi-family developer, as our development partner,” said james greenPartner with Brookhaven Capital Partners.
denverArchitectural firm KEPHART will design the project with the goal of maximizing amenity space for residents and maintaining the urban appeal of this location through the use of creative design and distinctive materials. When completed at the end of 2026, the project is expected to include 300 rental units at market price. The wraparound 5-story building will feature indoor and outdoor community amenities such as an outdoor pool and spa with firepit lounges, outdoor grilling and entertaining areas, and a fully equipped fitness studio , a club lounge, pet lawn and grooming area, and plenty of shared meeting and work-from-home pods for today’s discerning residents.
About Forum Investment Group
Forum Investment Group* is a national leader in multi-family real estate investment. The firm specializes in the multifamily asset class – acquiring, building and financing multifamily real estate throughout market cycles and up and down the capital stack. Since 2007, Forum has used its expertise to research, develop and deliver attractive multi-family investments that seek to generate reliable current income with an attractive risk/return profile, while having a positive impact on the communities it creates and in which it invests. For more information, visit www.ForumRE.com.
*References to “Forum Investment Group” or “Forum” refer to Forum Capital Advisors LLC (an investment adviser registered with the United States Securities and Exchange Commission that acts as investment adviser to Forum fund vehicles) and Forum Real Estate Group, LLC (Forum’s direct real estate investment arm).
About Brookhaven Capital Partners
Situated at Denver, Colorado, Brookhaven Capital Partners is a private investment firm focused on real estate and infrastructure investments. Brookhaven and its executives have been leaders in real estate investment and development for more than three decades, investing in United States across the spectrum of property types and over multiple economic cycles. Together, Brookhaven executives have invested more than $2.5 billion in commercial real estate and infrastructure, combining nearly 100 years of experience. Learn more about www.brookhavenpartners.com.
Contact:
Siobhan Sargent
Marketing Communications
203.430.9713
SOURCE Real Estate Group Forum
