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Santa Barbara firm investing millions in out-of-state projects

By   /   Friday, October 11th, 2013  /   Comments Off on Santa Barbara firm investing millions in out-of-state projects

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Santa Barbara-based real estate investment firm Granite Peak Partners has snapped up an 85-unit apartment complex in the ritzy Cherry Creek neighborhood of Denver for $6.5 million. The deal, which closed in September, is part of a strategy to invest in out-of-state apartment complexes in up-and-coming areas. “The Ambassador,” as the Cherry Creek complex is…

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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr