Breakers Resort sells for record $350M

A Miami-based firm has splashed into Colorado with the biggest multifamily acquisition in Denver history.

Pensam Residential, along with BH Equities and Wafra Capital Partners, bought The Breakers Resort apartment complex near Fairmount Cemetery from Koelbel & Co. and The Bascom Group this week. The Denver Business Journal reported the sales price at $350 million.

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