Sylvan at Uptown, Uptown Denver neighborhood
- Existing 99 units urban core location. Sylvan at Uptown is a major, value-add and re-position of a newer asset. The property, formerly known as 16 Penn, was constructed in 2018 and was developed for 55+ senior independent living.
- Market conditions exacerbated by the Pandemic forced prior ownership to pivot and sell the asset prior to true stabilization. PHG quickly obtained control during the marketing process.
- PHG BayRock completed a major transformation of the physical product, including a comprehensive remodel of all common areas, exterior signage and landscaping, branding and interior finishes.www.sylvanuptown.com