Buchanan Capital Partners and Garrett Companies Unite for Denver Multifamily Development

Buchanan Capital Partners Forms a New Joint Venture in Denver

Buchanan Capital Partners (BCP), a zero-fee commercial real estate investment firm based in Austin, Texas, has recently announced its collaboration with The Garrett Companies on an exciting new multifamily project located in the Denver Tech Center. This new venture will see the development of the Garrett Centennial Apartments, comprising 368 units designed to cater to a diverse range of residents, from families to professionals.

Project Overview

The Garrett Centennial Apartments will be situated on a sprawling 19-acre site, strategically located at the intersection of I-25 and Arapahoe Road. This prime location not only provides exceptional regional connectivity but also places residents just minutes away from downtown Denver and Cherry Creek State Park, enhancing the overall appeal of the neighborhood.

The project is positioned within the highly regarded Cherry Creek School District, a factor that is expected to attract families who are often priced out of homeownership in this affluent area. The development is also a part of the Midtown Centennial project, a 800-acre city-led initiative that aims to transform outdated office parks into vibrant, walkable mixed-use spaces.

Development Features

Garrett Centennial will feature 14 residential buildings, composed of a mix of unit types designed to accommodate a wide array of renter demographics. This includes families, working professionals, and long-term residents who are searching for easy access to quality school districts and employment hubs. Additionally, the site is conveniently located near major retail and dining venues, such as Top Golf Centennial, Park Meadows Mall, and other entertainment options that enrich the community.

Keith Buchanan, the Founder and Principal of BCP, expressed enthusiasm for the project, stating, "Garrett Centennial allows us to deploy capital at an attractive cost basis in one of Denver's best performing submarkets. This location has long-term demand fundamentals that support durable rent growth and value creation, further reinforced by our partnership with a Best-In-Class development partner who shares our long-term vision."

Ford Albert, a Director at BCP, stated, "Our approach to multifamily investments has been highly selective in recent years, and this opportunity met all our key criteria. The location in a top-rated school district, the discounted pricing compared to recent sales, the limited supply of similar projects, and a development partner that offers a unique mix of units make this endeavor particularly compelling."

Strategic Partnerships

This joint venture also includes Weinstein Properties as an equity partner, emphasizing a collaborative approach to real estate development. BCP’s reputation as a leader in real estate investments is further cemented through this partnership.

Buchanan Capital Partners, founded with the mission of providing zero-fee investment solutions, has a consistent track record of delivering strong, risk-adjusted returns across various commercial real estate projects. Complementing their strategy are well-established residential development firms like The Garrett Companies, known for their expertise in maintaining a sustainable and active development pipeline.

The Garrett Companies specializes in multifamily and mixed-use developments across rapidly growing markets in the United States. Their vertically integrated model ensures efficiency in executing complex projects, making them a valuable ally for BCP in this venture.

Future Directions

As BCP looks ahead to 2026, they plan to explore similar joint venture opportunities and direct acquisitions in areas with constrained future supply, exemplifying their forward-thinking strategy in the multifamily investment sector. This latest development not only illustrates a strong market demand for quality housing but also reflects a thoughtful approach to enhancing community infrastructure and living standards in Denver.

The collaboration between BCP and The Garrett Companies represents a promising step into the future of multifamily real estate development, combining strategic investment with long-term vision and community engagement.

For more information about the latest developments by Buchanan Capital Partners and their partners, visit their respective websites.