DENVER, CO – Triumph Properties Group has bought Villas at Holly, a 144 unit apartment community, located in Centennial, Colorado.  The $26,250,000 acquisition is Triumph’s first in the Denver market. 

The property will continue to be improved via unit interior upgrades and exterior and common area additions. The Villas at Holly transaction was closed on an all cash basis in 37 days. Median income within a 1 mile radius exceeds $90,000. 

Located on the corner of Arapahoe Road and Holly Street, the property benefits from brilliant drive by visibility, and is only minutes from Denver Tech Center and shopping at The Streets of Southglenn.

With superior amenities and features that complement upscale living spaces, the community is pet-friendly with a state-of-the-art fitness center, sparkling swimming pool, and on-site laundry services. The interior amenities include wood burning fireplaces, oversized closets, large bedrooms and living rooms, separate dining rooms, galley-style kitchens, and private balconies.

“We like Denver over the long term, and Villas at Holly presented us with an opportunity to gain entry into a high-quality submarket at attractive relative pricing and a clear opportunity to increase income by improving unit interiors,” said Will Roos, Triumph’s Director of Acquisitions.

Triumph is continuing to expand its acquisition platform with $150-$200 Million in acquisitions targeted over the next 12 months.  Triumph’s portfolio includes approximately 2,000 multifamily units, approximately 1,000,000 square feet of commercial properties, and various development sites around the country.

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POOLER, GA – Shepherd Health and Cobalt Seniors announced Shepherd Living at Savannah Quarters, an upscale 124-resident community offering spa-like living on roughly 10 acres in Pooler, Georgia.  The joint venture has bought the property from Southwest Quadrant Development and is developing the community with United Community Bank, architectural firm Erdman, and contractor DeAngelis Diamond. 

The project will make approximately 200 jobs throughout the construction period and, once completed, approximately 65+ additional jobs for permanent operations.  Shepherd will be hiring health and wellness experts, caregivers, and administrative and business staff, as well as workers in the food service industries and grounds maintenance. 

Residents will delight in a host of amenities, including gourmet farm-to-table food, fine wine storage, a full-service salon, a greenhouse and numerous gardening opportunities, private kitchens, animal therapy, extensive walking trails and landscaping throughout the large grounds, and a tavern to delight in college football.  The wellness lifestyle at Shepherd Living at Savannah Quarters also includes daily classes ranging from meditation and gentle yoga to aerobics and circuit training.

“This is the premier facility of its kind from St Augustine to Charleston to Atlanta, and Shepherd sets the bar for this new, thoughtful approach to senior living,” said Pooler Mayor Mike Lamb.  “There’s nothing that compares to it in this region, and we’re lucky to have them.” 

The community will be managed by the brand’s operations arm, Shepherd Senior Living, and will be located directly across the street from Westbrook at Savannah Quarters.  “We do considerable research when deciding where to locate our communities, and we are excited to be a part of Pooler and west-side Savannah,” said Christine Menedis, co-founder and CEO of Shepherd Health.  “This is going to be a dynamic, thriving addition to the region, and we look forward to providing a highly personalized resident experience, while integrating our distinctive blend of health and wellness offerings.”

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