Inland Real Estate Acquisitions, Inc. Purchases Another Colorado Multifamily Property
OAK BROOK, Ill.--( BUSINESS WIRE )-- Inland Real Estate Acquisitions , Inc. announced today that it negotiated and helped close the purchase of Black Feather Apartment Homes , an 83- unit multifamily property located in Castle Rock, Colorado, a southern suburb of Denver. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, Inc., facilitated the transaction, with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group , LLC, Law Department, on behalf of an Inland affiliate . Located directly off I-25 in a major retail corridor of Castle Rock, the property was recently constructed in 2016 and features a mix of townhome, three-story walk-up apartments and owned condominium units . The transaction consisted of 48 two-bedroom, 32 three-bedroom and three four-bedroom apartments with 49 detached and 28 attached garages and 131 open parking spaces. Each unit at Black Feather Apartment Homes features nine-foot cei...