Heslin Holdings' Affiliate Company, Oak Coast Properties, Completes Major Portfolio Buy

Frequent partners Los Angeles-based Oak Coast Properties and BMC Investments of Denver have added 1,023 units to the partnership’s portfolio in a multifamily deal valued at $177 million.

The acquisition of the “Ivy Crossing” portfolio marks the ninth and largest transaction undertaken by the Oak Coast-BMC partnership.

Newmark Knight Frank, which represented the undisclosed seller, states that the deal involves largest number of units in a single trade and the largest multi-family transaction by dollar volume in metro Denver since September 2016 sale of The Breakers.

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