Sagard Real Estate Expands Denver Presence with Acquisition of Alta Green Mountain

LAKEWOOD, Colo.--(BUSINESS WIRE)--Leading real estate investment firm Sagard Real Estate, formerly EverWest Real Estate Investors, today announced the acquisition of Alta Green Mountain, a premier 260-unit, Class A multifamily community located in the sought-after West Denver submarket. The acquisition reflects Sagard Real Estate's continued focus on acquiring high-quality, in-demand assets in strategic markets.

"Alta Green Mountain is a compelling addition to our portfolio, showcasing the kind of modern, well-positioned multifamily assets we target," said Brad Natale, Director, Portfolio Management at Sagard Real Estate.

Built in 2020, Alta Green Mountain features 260 luxury units spread across ten low-density, garden-style residential buildings, plus a clubhouse. The property offers residents a robust suite of amenities, including a year-round heated pool, state-of-the-art fitness center with yoga and spin studios, office pods, firepits, a bike and ski repair shop, and EV charging stations. Its strategic location provides residents with unparalleled access to Green Mountain trails, parks, golf courses, and lakes, as well as proximity to major highways connecting the property to downtown Denver and the Rocky Mountains.

"This property’s location at the base of Green Mountain, combined with its exceptional amenities and access to outdoor recreation, positions it for strong performance and long-term value creation," added Brett Birkeland, Managing Director, Acquisitions at Sagard Real Estate.

The West Denver submarket is characterized by geographic and regulatory barriers that limit new development. Since 2002, the area has averaged just 550 new housing permits annually. The unique characteristics of the project support strong rent growth and high occupancy levels at Alta Green Mountain. Sagard Real Estate plans to further optimize property operations and position the asset for long-term appreciation.

About Sagard Real Estate

Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, asset management, development, and property management for investors. With $4.9 billion in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com/realestate or follow us on LinkedIn.

About Sagard

Sagard is a global multi-strategy alternative asset management firm with over US$25B under management, 150 portfolio companies, and 400 professionals. We invest in venture capital, private equity, private credit, and real estate. We deliver flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value-creation experts. Our firm has offices in Canada, the United States, Europe, and the Middle East.

For more information, visit www.sagard.com or follow us on LinkedIn.