Mobile App Developer - Real estate giant spends $77M, strikes the metro area's latest multifamily deal - Denver Business Journal

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Real estate giant spends $77M, strikes the metro area's latest multifamily deal - Denver Business Journal

Real estate giant Crescent Communities has made headlines with its latest multifamily deal in the Denver metro area, acquiring the luxury multifamily community located at the site of the former White Fence Farm restaurant. The $77 million transaction marks a significant investment in the thriving Denver real estate market.

The Deal

Crescent Communities, in collaboration with developer Crescent Communities and real estate brokerage Newmark Group Inc., has successfully closed a multi-million dollar deal for The NOVEL White Fence Farm. This upscale multifamily community, situated at the location of the iconic former White Fence Farm restaurant, presents a unique opportunity for the real estate giant to expand its presence in the Denver market.

A Luxurious Investment

The NOVEL White Fence Farm represents a prime investment for Crescent Communities, known for its upscale residential projects. With a focus on high-end amenities and modern design, the property is set to redefine luxury living in the Denver metro area. Residents can expect top-of-the-line finishes, spacious floor plans, and a host of community features designed for comfort and convenience.

Strategic Location

Situated at the site of the former White Fence Farm restaurant, The NOVEL White Fence Farm benefits from a strategic location with easy access to dining, shopping, and entertainment options. The property's proximity to major highways and public transportation hubs makes it an ideal choice for urban dwellers seeking convenience and connectivity.

Community Features

The NOVEL White Fence Farm offers a range of upscale amenities designed to enhance residents' quality of life. From a state-of-the-art fitness center to a resort-style pool and outdoor lounge areas, the community caters to the diverse needs and preferences of modern urban residents. Additionally, pet-friendly policies and on-site services contribute to a welcoming and inclusive environment.

Expansion Plans

Crescent Communities has ambitious plans for The NOVEL White Fence Farm, with a focus on enhancing the property's appeal and creating a vibrant community atmosphere. The developer's track record of success in the Denver market positions the project for long-term growth and sustainability, signaling a positive outlook for investors and residents alike.

Sustainable Design

At The NOVEL White Fence Farm, sustainability is a key priority. The property incorporates eco-friendly building practices, energy-efficient features, and green spaces to minimize its environmental impact and promote a healthy living environment. With a commitment to sustainability, Crescent Communities aims to set a new standard for responsible development in the Denver metro area.

Community Engagement

In addition to its focus on luxury living, The NOVEL White Fence Farm prioritizes community engagement and social connectivity. Residents can participate in a variety of events, programs, and initiatives designed to foster a sense of belonging and camaraderie. With a strong community spirit, the property goes beyond traditional multifamily living to offer a truly enriching experience.

In conclusion, the acquisition of The NOVEL White Fence Farm represents a significant milestone for Crescent Communities and underscores the company's commitment to innovation, sustainability, and community building. As the Denver real estate market continues to evolve, projects like The NOVEL White Fence Farm set a new standard for luxury living and urban development.


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