Investment Overview
PATTEN GRAY is a 250-unit high-rise apartment community located in downtown Denver’s fastest growing micro-market. Developed and completed in 2024 by Rockefeller Group and Summit Capital Venture Group, PATTEN GRAY is one of the most desirable assets in the western United States thanks to quality of product and location. The developer’s brand is synonymous with leading edge design, thoughtful building & floor plan layouts as well as unmatched quality of product. PATTEN GRAY’S interior unit finishes, amenities, and attention to detail are a prime example of these characteristics.
The Property’s dynamic location within the burgeoning Golden Triangle neighborhood, anchored by its proximity to downtown Denver and the ever-growing Cherry Creek submarkets, provides residents with access to some of the City’s most sought-after dining, nightlife along with retail options right outside their front door. The Property also contains a ground floor retail suite, that is 100% leased to Flora, a coffee and cocktail bar that is an additional resident amenity and drives outside traffic to the building. Furthermore, thanks to the Property’s central location in the CBD, residents are provided with convenient access to all areas of downtown, as well as numerous recreation areas such as the Cherry Creek Trail, Washington Park, and Civic Center Park.
The Property features visually stunning architecture, complemented by meticulously designed unit interiors and thoughtfully appointed common area amenity spaces—reflecting a commitment to exceptional quality throughout. The unit interiors are tastefully appointed with quartz countertops, warm white oak wood-style flooring, designer lighting, and a timeless color palette. Additionally, all units have been elevated to best-in-class standards and feature upgrades such as premium drywall finishes and gas stoves equipped with externally venting cooktop fans. Residents also have the luxury of a fully enclosed parking structure with EV parking stalls, and infrastructure that allows for additional EV charging stations in the future. Similarly, the amenity areas set a new high bar for luxury multifamily assets in the market with a rooftop & outdoor terrace with clubroom lounge as well as a 5th floor amenity area featuring a resort-style fitness center, pool, sauna and spa boasting unobstructed west facing mountain views.
PATTEN GRAY stands unmatched in the market, offering a superior combination of fit and finish, as well as an unparalleled amenity package setting the community apart from any other asset. Patten Gray benefits from true Type I, all concrete construction, and represents a one-of-a-kind opportunity to acquire a truly best-in-class multifamily asset in one of Denver’s premier live-work-play neighborhoods.
Investment Highlights
- Market Leading Asset Quality
- Irreplaceable Nature
- Scarcity Premium
- Support for Future Rent Growth
- Prohibitive Cost of Homeownership
- Unmatched Lifestyle Location