Pillar Properties logo

Brokerage

Are you considering purchasing an apartment building to add to your portfolio? Do you need to locate a building and have professional real estate representation for your interests?

Pillar Property Services, LLC, performs buyer-brokerage services representing nonprofit organizations and governmental agencies. We have the understanding of the unique financial situations of nonprofits and government agencies, and are adept at closing the deal, even when the buyer is not in a position of strength. We also specialize in long-term and/or bridge loan financing for the purchase.

Examples of our transactions include:

Corona ResidencesCorona Street Residences – Pillar represented the buyer in all negotiations of this 54-unit, HUD-subsidized senior building. We also procured the financing for the acquisition, making a potentially difficult deal a reality.

Garfield ApartmentsGarfield St. Apartments – Pillar brokered the purchase of this 36-unit HUD-subsidized property for our client.

The Ruby – A mixed-use building that housed a client’s corporate offices (downstairs), and six one-bedroom apartments (upstairs).

Ronald McDonald House – When Children’s Hospital decided to construct a new Ronald McDonald House, Pillar Property Services, LLC, worked with multiple parties to turn this beautiful mansion into housing for single mothers.

Five-Plex – This five-unit building, once owned by Children’s Hospital, was deemed as surplus and sold to a local non-profit organization that now uses it as a profitable rental property.

High St. Apartments – This 15-unit apartment building had not hit the market when Pillar learned of its possible availability. Pillar was able to see that transaction to completion by working with the owner to extend various deadlines when the buyer’s financing initially fell through.

1205 Washington – This 35-unit building had been vacated after a fire. Pillar’s client used this as an opportunity to completely rehab the property without displacing or inconveniencing anyone.

1135 Logan – A 35-unit building in Capitol Hill that recently underwent renovation.

Anchor Community – A Pillar client had recently received a grant from HUD to purchase an apartment building that would provide housing for previously homeless and mentally ill tenants. Working against a tight deadline to make use of the grant. Pillar located this property and worked out a very quick sale with the owner, while creating a win-win situation for both parties. While the property was purchased below the seller’s originally appraised value, the transaction enabled the seller to partake in a current tax benefit.

Franklin St. Apartments – Pillar listed and sold this attractive, 15-unit former RTC apartment community in Central Denver that was well maintained throughout the years.