PHOENIX, ARIZ. and DENVER, COL. – Evergreen Devco, Inc., a leading retail and multifamily development company, announced today the successful launch of its value add multifamily platform with the formal acquisition of two multifamily apartments in Denver for a total of nearly $70 million.
“We are excited about this new value add platform and these two assets fit perfectly in our business plan,” said Tyler Carlson, Managing Principal of Evergreen. “With both properties located in a strong sub-market with robust education, employment, transportation and retail amenities, these projects both feature opportunities to add value through physical upgrades and professional management coupled with enhanced marketing for high visibility leasing.”

 

 

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