CIM Group Sells Newly Constructed 138-Unit Luxury Apartment Community in Boulder, Colorado

BOULDER, CO - CIM Group announced that it has sold 9Seventy, a newly-constructed, 138-unit apartment community conveniently located adjacent to the University of Colorado at Boulder. 9Seventy was completed in December 2015, and occupancy commenced in January 2016. The property is fully-leased.

9Seventy consists of five four-story buildings featuring an outdoor pool with resort-style seating, gas grills, an indoor fitness center, a multi-purpose community room, modern clubhouse with a billiards table, bike repair station as well as 174 subterranean parking spaces.

All apartments have hardwood-style flooring, stainless steel appliances, modern fixtures, and balconies and many feature expansive mountain views.

9Seventy’s location in the heart of Boulder on 28th Street is just steps from The University of Colorado and near the 29th Street Mall, Chataqua Park as well as the city’s popular restaurants, bars and entertainment venues.

Established in 1994, CIM is a leading partner for global institutional investors seeking to invest in real assets located in and serving urban communities with a principal focus on North America. CIM is a real assets manager offering investment strategies in opportunistic, stabilized, and value-add real estate, real estate debt, and infrastructure.

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