Real Estate

Trailbreak Partners Acquires Colorado Community

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The firm purchased Confluence at Three Springs, a 171-unit property in Durango. : After building Confluence at Three Springs as part of its mixed-use development, GF Properties Group has sold the garden-style community in Durango, Colo. Trailbreak Partners purchased the multifamily property from GF Properties for $32.3 million, Tim Zink, asset manager for GF Properties, told Multi-Housing News. JLL’s Mack Nelson and Christopher White represented the seller in marketing the property, while JLL’s Rob Bova and Josh Simon arranged a 10-year fixed-rate Freddie Mac loan for Trailbreak’s acquisition.

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