JULIAN SQUARE
In November 2016, Arx Urban participated in the acquisition of Julian Square Apartments, a 40-unit workforce housing complex in the Sheridan sub-market of Denver, CO. Arx Urban provided advisory services to the sponsor, Compass Equity Partners, on the financing of the transaction. Compass is a vertically integrated real estate investment group headquartered in Denver and after acquisition it completed a full re-branding of the property including unit upgrades, an exterior and signage overhaul, new landscaping and major system renovations. The acquisition was financed with a construction loan from Great Western Bank and a preferred equity tranche from Realty Shares.
