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10/13/25
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TruAmerica Multifamily has acquired North Creek, a 168-unit, garden-style apartment community in Thornton, CO, a high-growth suburb within the Denver metropolitan area.
Built in 2002, North Creek offers a mix of one-, two-, and three-bedroom floorplans, all of which remain in classic condition. The property presents a significant value-creation opportunity through targeted unit renovations, enhanced amenity offerings, and operational improvements designed to better align the community with current renter preferences and evolving lifestyle needs. Planned upgrades include interior modernization and refreshed common areas that will improve the resident experience.
Strategically located just off Interstate 25, North Creek offers residents convenient connectivity to major employment centers including Downtown Denver, Broomfield’s U.S. 36 corridor, and Denver International Airport.
Thornton has emerged as one of metro Denver’s most supply-constrained submarkets, with limited new multifamily deliveries and strong occupancy trends. Nearby commercial developments—such as the $125 mil Simms Technology Park, the Redtail Ridge Innovation District, and the FlatIron Crossing redevelopment—are expected to further bolster job creation and drive incremental housing demand across the region.
Jordan Robbins and Alex Possick of JLL Investment Sales represented TruAmerica in the purchase. Annie Rice, Alyssa Malley, and Brandon Smith of JLL Capital Markets arranging the permanent financing.
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