Real Estate

More Details on this acquisition in Colorado Springs: 
Lowe Enterprises Investors and Blue Vista Capital Management purchased the Tanager Meadows and Lark Haven apartments, a pair of 264-unit apartment complexes operated as a single community in the southeast part of the city.

“The acquisition – our first apartment investment in Colorado – is consistent with our strategy of acquiring multifamily properties in recovering markets with local operating partners. This is a market we know well through out firm’s many years of real estate activity in the Denver metropolitan area and throughout the state of Colorado,” Brad Howe, managing director of Lowe Enterprises Investors, said in a release.

If this is any indication of things to come, be prepared for larger companies to be moving into Colorado Springs over the next year as the real estate market is still at a low, but is set to become a recovering marketplace.

For further information on the real estate market in Colorado Springs, Please contact a Colorado Springs REALTOR.