Google Invests In Boulder Affordable Housing

Google Invests In
Boulder Affordable Housing

Google and Red Stone LLC are kicking in investment dollars to renovate three Boulder apartment complexes, along with financing from the City of Boulder and two private equity firms.

The three properties are the 150-unit Osage Apartments, the 52-unit Thunderbird Apartments (pictured) and the 36-unit The Nest,the Denver Business Journal reports. A group of three developers, The Michaels Organization, Element Properties and Allison Management, acquired the '70s-vintage properties and will now renovate them. [DBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Oil Company Expands Again At Cash Register Building

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing