In January of 2017, Kinship partnered with Magellan Investment Partners, LLC (MIP) to acquire Avant at Castle Pines in Castle Pines, Colorado. The 356-unit apartment community built in 2002 is the only rental property located in Castle Pines, a prosperous suburb of Denver that has experienced tremendous growth.
Avant at Castle Pines is comprised of one, two and three bedroom apartments with large floor plans. The property was designed to condominium specifications with approximately 80% of the units offering attached garages and individual driveway access points. As part of its renovation strategy, the joint venture will update the apartments along with the club house and accompanying common area amenities.