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IMT ACQUIRES 338 UNIT MULTI-FAMILY PROPERTY IN DENVER, CO

DENVER, CO. September 30, 2014 – IMT Capital, LLC, a private real estate investment and management company, together with its affiliate IMT Residential, a leading nationwide apartment operator with multi-family properties that extend throughout California, Arizona, Texas, and Florida, today announced the acquisition of IMT Alameda Station.

 

IMT Alameda Station is a luxurious and eco-conscious apartment home community totaling 338 units. Located at 275 S. Cherokee Ave, Denver, CO 80223, this urban community is conveniently located in the trendy SoBo neighborhood of Denver, CO. With its proximity to the Alameda Station Light Rail, Downtown Denver is just minutes away.

 

The apartment homes at IMT Alameda Station boast spacious studio, 1, 2, and 3 bedroom floor plans, which feature granite countertops, large walk in closets, in-home washer and dryers, and Bluetooth connections (features vary per apartment home). The community amenities range from a roof-top sky lounge with panoramic views to the state-of-the-art fitness center, and on-site bike/ski shop to a dog park.

 

“We are pleased to continue the expansion into Denver, CO and to add to our LEED Certified portfolio with the addition of IMT Alameda Station. The Denver location is an ideal location for us, one slated to see continuous rent growth in the next few years,” said Joseph Elhabr, Vice President, IMT Residential. IMT plans on implementing its professional and strategic managing techniques to ensure steady and continual growth while maintaining the superior service that has allowed them to realize their well earned reputation.

 

LEED stands for Leadership in Energy and Environmental Design and is a system developed by the US Green Building Council (USGBC) for the purpose of rating and recognizing homes built to a more sustainable standard than conventional homes built to code. LEED‐certified homes can have a myriad of benefits and green homes generally are more comfortable, more energy and water efficient, and have a smaller overall environmental footprint than conventional homes. For more information on LEED for homes, please visit www.imtAlamedastation.com.

 

About IMT Capital

IMT Capital, LLC is a private real estate investment firm based in Los Angeles, CA, with offices in San Francisco, CA and Austin, TX. The company’s principals have made investments in excess of $2 billion in value since 1992. The company is a specialized manager concentrating in multifamily opportunities in major U.S. markets. Additional information on IMT Capital can be obtained by going to www.imtCapital.com

 

About IMT Residential

IMT Residential is a Los Angeles based privately held full-service operator of multi-family residential communities. The company currently manages over 20,500 residential units and 90 communities in four U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine. Additional information on IMT Residential can be obtained by going to

www.imtresidential.com.

 

 

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