{"id":1004053093,"date":"2012-01-13T08:14:00","date_gmt":"2012-01-13T16:14:00","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=31173"},"modified":"2022-12-06T09:47:39","modified_gmt":"2022-12-06T17:47:39","slug":"encore-multi-family-llc-to-build-luxury-apartment-community-centura-health-sells-5-medical-office-buildings","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/encore-multi-family-llc-to-build-luxury-apartment-community-centura-health-sells-5-medical-office-buildings\/","title":{"rendered":"Encore Multi-Family LLC to Build Luxury Apartment Community; Centura Health Sells 5 Medical Office Buildings"},"content":{"rendered":"<p>By Gabriel Circiog, Associate Editor<\/p>\n<p>Encore Multi-Family LLC finalized the financing for its next development project in the Denver suburb of Thornton, which will mark the beginning of the company\u2019s Western expansion. Encore Highpointe Park will feature 220 luxury apartment homes and the garden-style community will be the only residential community at Highpointe Park PUD thus benefitting from the 1.2 million square feet of existing retail development. The site is closely located to the l-25, Denver\u2019s primary North\/South transport artery.<\/p>\n<p>Encore Multi-Family LLC, a subsidiary of Encore Enterprises Inc., was founded in 2008 and is involved in all aspects of multifamily development and operations. Brad Miller, president of Encore Multi-Family, said the company has doubled the size of its portfolio in 2011 and plans to double it again in 2012. Since mid-2010 the company has started construction on six new developments, two of which have already been finalized with great lease-up results.<\/p>\n<p>In other real estate news, Seavest Healthcare Properties and Fleisher Smyth Brokaw (FSB) bought five Centura Health medical office buildings in Denver and Littleton, <em>The Denver Business Journal<\/em> reports. The portfolio, acquired for $41.25 million, includes three medical office buildings on Centura\u2019s Porter Adventist Hospital campus at 2525 S. Downing Street in Denver and two at its Littleton Adventist Hospital campus at 7700 S. Broadway in Littleton, totaling 317,026 square feet. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/Porter-Medical-Plaza-2535-S.-Downing-St.-Denver.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-31174\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/01\/Porter-Medical-Plaza-2535-S.-Downing-St.-Denver.jpg\" alt=\"\" width=\"266\" height=\"223\" \/><\/a><\/p>\n<p>The five buildings were 88 percent leased to over 100 tenants, including hospital clinical services and independent physician groups. Centura Health was represented in the transaction by Chris Bodnar and Lee Asher of CBRE Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gabriel Circiog, Associate Editor<br \/>\nEncore Multi-Family LLC finalized the financing for its next development project in the Denver suburb of Thornton, which will mark the beginning of the company\u2019s Western expansion. Encore Highpointe Park will feature 220 luxury apartment homes [&#8230;]<\/p>\n","protected":false},"author":264,"featured_media":1004505476,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21742],"tags":[],"class_list":["post-1004053093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Encore Multi-Family LLC to Build Luxury Apartment Community; Centura Health Sells 5 Medical Office Buildings - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/encore-multi-family-llc-to-build-luxury-apartment-community-centura-health-sells-5-medical-office-buildings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Encore Multi-Family LLC to Build Luxury Apartment Community; Centura Health Sells 5 Medical Office Buildings\" \/>\n<meta property=\"og:description\" content=\"By Gabriel Circiog, Associate Editor Encore Multi-Family LLC finalized the financing for its next development project in the Denver suburb of Thornton, which will mark the beginning of the company\u2019s Western expansion. Encore Highpointe Park will feature 220 luxury apartment homes [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/encore-multi-family-llc-to-build-luxury-apartment-community-centura-health-sells-5-medical-office-buildings\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-01-13T16:14:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T17:47:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Porter-Medical-Plaza-2535-S.-Downing-St.-Denver.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/encore-multi-family-llc-to-build-luxury-apartment-community-centura-health-sells-5-medical-office-buildings\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/encore-multi-family-llc-to-build-luxury-apartment-community-centura-health-sells-5-medical-office-buildings\/\",\"name\":\"Encore Multi-Family LLC to Build Luxury Apartment Community; 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