IMT RESIDENTIAL EXPANDS COLORADO PORTFOLIO WITH THE ADDITION OF IMT CORNERSTAR RANCH

SHERMAN OAKS, CA. August 15, 2018 — Today, IMT Residential, a leading nationwide apartment operator, together with its affiliate IMT Capital, LLC, a private real estate investment firm, announced the acquisition of IMT Cornerstar Ranch in Aurora, Colorado.

 

IMT Cornerstar Ranch (formally known as Coyote Ranch) is comprised of 507 one-, two- and three-bedroom apartment homes located in Aurora, CO. Each home includes an array of interior amenities from fully equipped gourmet kitchens and garden tubs to in-home washer/dryers and spacious walk-in closets. Community amenities include a sand volleyball court, a resort-style pool with a lounge and sundeck, and a theater room. IMT Cornerstar Ranch is pet friendly with an elite dog park with an agility course.

 

“The Denver submarket has proven to be a great location for us and IMT Residential is delighted to broaden our reach with the addition of IMT Cornerstar Ranch in Aurora, Colorado. We look forward to our continual growth in this region while maintaining the high-level of customer service we provide to all our residents,” said Joseph Elhabr, Vice President, IMT Residential. 

 

IMT Cornerstar Ranch’s prime location is equipped with a variety of restaurant, retail & entertainment options with Cornerstar Shopping Center in close proximity. Just outside their doors, residents have direct entry to the Cherry Creek Valley Ecological Park with miles of walking trails and sweeping views of the Rocky Mountain Front Range. IMT Cornerstar Ranch also has convenient access to E-470 freeway giving residents an easy commute to the best that the greater Denver area has to offer.

 

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 17,000 residential units and 50+ communities in seven 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 and is also recognized by the United States Green Building Council for their LEED for Homes construction projects. Additional information on IMT Residential can be found at imtResidential.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, Miami, FL and Austin, TX. The company’s principals have made investments in excess of $4 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 imtCapital.com.

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