Laramar Group buys Denver apartment property for $78M

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Read: Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019
Fourth-quarter losses for the top operators historically accounting for nearly 93% of the traditional multichannel universe suggest overall sector losses are likely to top last year's record decline by more than 50%.
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Read: Opportunities And Challenges For African Telecommunications Industry At Africacom 2018
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Laramar Group buys Denver apartment property for $78M

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Laramar Group paid $78.2 million to acquire the Axis at Nine Mile Station apartment community in Denver, the Denver Business Journal reported, citing public records.

A joint venture between Bascom Group LLC and funds managed by Oaktree Capital Management LP sold the 336-unit property at 3257 S. Parker Road, according to the report.

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Laramar Group buys Denver apartment property for $78M