CASE STUDY
APEX Apartment Complex
Boulder, Colorado
231 Units
249 Parking spaces
1,250 Square feet of retail space
Built: 2015
Sold: 2017
The Opportunity
Meet rising demand for new rental opportunities in a high-barrier-to-entry market through the use of cost-effective construction of multifamily units.
The Approach
By allocating funding for income-restricted housing, Crossbeam reduced the project’s affordable housing component costs by more than 30%.
The Results
The project exceeded the affordable housing requirement under the City of Boulder’s Inclusionary Housing regulations to provide 20 affordable units to the market.
Project IRR
Equity Multiple
First LEED Silver Certified Apartment Community in Boulder County.
