Greystone Arranges $31.3M Sale of 188-Unit Affordable Community in Denver

by Jeff Shaw

DENVER — Greystone’s Real Estate Advisors group has arranged the sale of Juanita Nolasco Apartments, a 188-unit affordable seniors housing community in Denver.

Jonathan Rose Cos. acquired the property from a limited liability company for $31.3 million. Greystone’s Aaron Hargrove and Eric Taylor represented the seller.

The 13-story Juanita Nolasco Apartments was built in 1972 and substantially rehabilitated in 2008 via 4 percent Low Income Housing Tax Credits.

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