Weidner Buys Denver's Patten Gray for $90.8M
Weidner Apartment Homes-tied buyer acquires the 250-unit Golden Triangle high-rise from a Rockefeller Group-tied seller.
Updated on Nov. 13, 2026 in Apartments
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A Weidner Apartment Homes-tied entity purchased the Patten Gray apartment high-rise at 370 W. 12th Ave. in Denver's Golden Triangle neighborhood for $90.8 million. The sale was recorded in a warranty deed filed with Denver on Thursday, and the seller was an LLC tied to the Rockefeller Group.
Why it matters
The deal marks what appears to be Weidner's first Denver property, extending its portfolio beyond its existing 17 properties in Colorado Springs, Monument and Fountain. It adds a newer, 250-unit building to the Denver apartment market and signals continued investor interest in urban rental housing.
The purchase price of $90.8 million covers a 250-unit building of roughly 180K SF completed in 2024, with 2K SF of ground-floor retail. The source does not provide a per-unit price or comparable sales for the Denver market, and it does not say whether the buyer intends to keep current rent levels.
The players
Weidner Apartment Homes
Weidner Apartment Homes is an apartment owner and operator with 17 properties in Colorado Springs, Monument and Fountain, based in Kirkland, Washington.
Rockefeller Group
The Rockefeller Group is a real estate development and investment firm that has owned commercial and residential properties in major U.S. markets for decades.
The details
Patten Gray is a 13-story tower offering studios, one- and two-bedroom units, a fitness center, rooftop deck, concierge services, gear repair shop, dog wash and covered parking. Newmark brokers Tim and Jack Richey represented the seller in the transaction.
Timeline
2024: Patten Gray was built.
Nov. 12, 2026: The sale occurred and the deed is dated.
Thursday (Nov. 12, 2026): The warranty deed was filed with Denver.
Roadmap
The acquisition of a 2024-built Denver tower by a regional multifamily operator fits a pattern of institutional capital moving into newer urban apartment stock in the Denver core. It also marks Weidner's expansion from its Colorado Springs-area base into the Denver metro.
Renters considering Patten Gray may see concessions such as 12 weeks of free base rent and a $1K gift card for new leases, with a studio starting at $1,570 a month. Ownership changes can affect future pricing and policies, so prospective tenants should confirm current terms directly with the property.
The takeaway
Renters comparing Denver apartments should check current lease concessions and fee terms, since new ownership can shift pricing. Concessions advertised at a building can be a useful point for negotiation before signing.
Further reading
Explore more on Apartments to see how new Denver rental towers are changing the local market.
Source note: This article includes information reported by Bisnow.
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