News




3/29/2017

Griffis Residential Acquires Skye 2905 Urban Flats Apartments, Community Renamed Griffis Union Station

 

Denver, CO – March 29, 2017 – Griffis Residential, a Denver-based multifamily investment and management firm, announced today that it has acquired Skye 2905 Urban Flats, a 400- unit Class-A multifamily community located in the heart of downtown Denver close to the Union Station central transportation hub and Coors Field. Skye 2905, located at 2905 N. Inca Street, has been renamed Griffis Union Station. With the acquisition, Griffis Residential owns and manages approximately 8,300 apartment units in Colorado, Texas, Nevada and Washington. Additional target markets include Portland and the San Francisco Bay Area.

Griffis Union Station, built in 2010, offers one- and two-bedroom apartment homes averaging 919 square feet, which is 10% larger than newly constructed units in the area. The apartment homes feature downtown city views, private balconies, granite countertops, garden soaking tubs, walk-in closets and in-home washers and dryers. Additional community amenities include a 24-hour fitness center and Yoga studio, bike repair station with storage, community dog park, resort-style swimming pool and spa, outdoor entertainment lounge, multi-level parking garage and easy access to public transportation.

“Griffis Union Station is one of the few core-plus opportunities in downtown Denver,” said Jim DiRienzo, VP of Investments at Griffis Residential. “The community’s location within the vibrant Union Station North neighborhood, combined with headroom for rent growth and capital improvements, is an ideal fit for the Griffis Residential portfolio.” 

For community and leasing information, please visit http://GriffisUnionStation.com. For property visuals please visit http://griffisunionstation.com/community/Griffis-Union-Stationapartments/visuals.


About Griffis Residential
With approximately $1.9 billion in multifamily assets, Griffis Residential is a multifamily real estate investment company that owns and manages nearly 8,300 Class-A apartment units. Target markets include Denver, Seattle, Austin, Portland, and the San Francisco Bay Area. Headed by Ian Griffis, David Birnbaum, and Tom Barta, Griffis Residential focuses on balancing an aggressive expansion strategy with a superior guest experience for its residents. For more information, visit GriffisResidential.com.


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12/13/2016

Griffis Residential acquires Monterey Apartments

 

Denver, CO – December 13, 2016 – Griffis Residential, a Denver-based multifamily investment and management firm, announced today that it has acquired Monterey Apartments, a 332-unit Class-A multifamily community located along the Denver foothills west of Littleton, Colorado. Griffis Marston Lake, built in 2003, offers contemporary garden-style apartments with convenient access to Downtown Denver, the Denver Tech Center, and the I-70 corridor.

Effective immediately, Monterey Apartments has been renamed Griffis Marston Lake. With the acquisition, Griffis Residential owns and manages over 8,000 apartment units in Colorado, Texas, Nevada and Washington. Additional target markets include Portland and the San Francisco metro area.

For community and leasing information, please visit http://GriffisMarstonLake.com. For property visuals please visit http://griffismarstonlake.com/community/Griffis-Marston-Lake-apartments/visuals.


About Griffis Residential
With nearly $1.5 billion in multifamily assets, Griffis Residential is a multifamily real estate investment company that owns and manages over 8,000 Class-A apartment units. Target markets include Denver, Seattle, Austin, Portland, and the San Francisco Bay Area. Headed by Ian Griffis, David Birnbaum, and Tom Barta, Griffis Residential focuses on balancing an aggressive expansion strategy with a superior guest experience for its residents. For more information, visit GriffisResidential.com.


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10/18/2016

Griffis Residential acquires 524 Apartment Units in North Metro Seattle

 

Denver, CO – October 18, 2016 – Griffis Residential, a Denver-based multifamily investment and management firm, announced today that it has acquired Bridges at Northcreek Apartments, a 524-unit Class-A multifamily community located 23 miles north of downtown Seattle. Effective immediately, Bridges at Northcreek Apartments has been renamed Griffis North Creek Bothell. With the acquisition, Griffis Residential owns and manages approximately 8,000 apartment units in Colorado, Texas, Nevada and Washington. Additional target markets include Portland and the San Francisco metro area.

Griffis North Creek Bothell, built in 1999, offers one-, two- and three-bedroom apartment homes from 659 to 1,133 square feet. The apartment homes feature wetland and greenbelt views, private decks and patios, and in-home washers and dryers. Additional community amenities include an expansive clubhouse with a business center and full kitchen, outdoor heated pool, outdoor lounge areas, and available carports and detached garages.

The community, surrounded by a nature reserve on nearly 50 acres, is conveniently located near a large employment base including 2.5 million square feet of biotech, medical, and engineering space. Prominent employers just minutes from the community include Microsoft, Boeing, Lockheed Martin, Panasonic, Phillips Medical, and Seattle Genetics. 

For community and leasing information, please visit http://GriffisNorthCreek.com. For property visuals please visit http://griffisnorthcreek.com/community/Griffis-North-Creek-Bothell-apartments/visuals.


About Griffis Residential
With nearly $1.5 billion in multifamily assets, Griffis Residential is a multifamily real estate investment company that owns and manages approximately 8,000 Class-A apartment units. Target markets include Denver, Seattle, Austin, Portland, and the San Francisco Bay Area. Headed by Ian Griffis, David Birnbaum, and Tom Barta, Griffis Residential focuses on balancing an aggressive expansion strategy with a superior guest experience for its residents. For more information, visit GriffisResidential.com.


Forward-Looking Statements
Certain statements in this press release may be “forward-looking statements” that are not based on historical facts and that reflect current views and estimates about future economic circumstances, market conditions and opportunities and the performance of portfolio investments. Such statements involve known and unknown risks and uncertainties, including the ability to implement our investment program that could cause the actual performance to materially differ from any anticipated or projected performance expressed or implied by such forward-looking statements. Griffis Residential cannot guarantee future performance and the company does not undertake any obligation to update or revise any such statements.


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