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Monument First Creek, courtesy of Colliers.
Monument First Creek, courtesy of Colliers.
Momentum at First Creek Apartments sell for $56 million
ColoradoBiz Staff //April 24, 2026//
In Brief:
- Momentum at first creek sold for $56 million
- Property completed in 2023 by Colorado developer
- Colliers handled sale and financing for buyer
- Location near denver international airport and retail
DENVER — The 200-unit Momentum at First Creek apartment community at 5500 Telluride St. has sold for $56 million, according to Colliers.
The property, completed in 2023, was sold by a Colorado-based developer to a private out-of-state investment firm. The deal closed on March 31. Colliers’ Multifamily Advisory Group handled the sale, and its debt and structured finance team arranged financing for the buyer.
Senior Vice Presidents Craig Stack, Bill Morkes and Nate Moyer in Colliers’ Denver office represented the seller.
Located in northeast Denver, the property has access to Denver International Airport and is near retail and dining. Amenities include a pool, fitness center and clubhouse. The community is adjacent to the First Creek trail.
“While market fundamentals in Denver remain challenging, we saw strong interest from the investment community, driven by confidence in the property’s long-term value, quality and location,” Stack said.
Colliers said the financing was secured within weeks despite market volatility.
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