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Griffis Platform Union Station in downtown Denver, Colorado

Griffis Platform Union Station

Company News | December 29, 2023

New Fund VI Acquisition – Griffis Platform Union Station – Denver, CO

Griffis Residential is pleased to announce that Griffis Premium Apartment Fund VI (Fund VI) has acquired Platform Union Station (rebranded Griffis Platform Union Station). The transaction is the third acquisition for Fund VI.

  • Units: 287
  • Year of Construction: 2015
  • Dynamic Location: Adjacent to Denver’s thriving Union Station, a multimodal hub offering premium lifestyle amenities and convenient access to the central business district.
  • Opportunity: High-quality, 22-story construction acquired at a ~35% discount to estimated replacement cost, with compelling attributes fitting the Griffis Residential investment strategy, including rental headroom to comparable communities and upside potential through an enhanced resident environment.
  • Financing: 10-year, fixed-rate, interest-only

If you are interested in learning about upcoming investment opportunities, please contact Client Services at 303.268.2121 or ClientServices@GriffisResidential.com.

About Griffis Residential
Griffis Residential, based in Denver, CO, is a vertically integrated multifamily investment firm currently operating a $3.4b portfolio of institutional-quality apartment communities in high-growth innovation hubs. The Griffis Residential management platform includes approximately 275 apartment professionals located in Austin, Denver, Portland, San Diego, Seattle, Silicon Valley, and Los Angeles. Built on over 35 years of multifamily investment experience, Griffis Residential has established a leading reputation for its all-weather investment strategy and strong track record of value creation through multiple market cycles. For more information visit GriffisResidential.com.