Bell Partners Acquires Denver Area Apartment Community

Bell Parker Ranch increases Company’s regional portfolio to 7,400 apartment homes

Jun. 23, 2025 – Bell Partners (the “Company”) has acquired Montane Apartments, a 400-unit apartment community located in Parker, Colorado. The property was acquired on behalf of the Company’s Bell Value Add Fund VIII and will be renamed Bell Parker Ranch.

“Bell Parker Ranch is located in one of Denver’s most desirable submarkets, characterized by strong demographic trends, attractive retail and recreational amenities, and great schools,” said Nickolay Bochilo, Chief Investment Officer at Bell Partners. “We’re excited about the upgrades being planned for individual apartment homes, which we expect when combined with unique features already on the property will deliver a superior living experience for our current and future residents.”

Completed in 2018, Bell Parker Ranch (www.bellparkerranch.com) is a garden-style community comprised of studios and one-, two- and three-bedroom floor plans. Amenities include a lazy river (one of only two in Colorado), an oversized clubhouse and well-programmed green spaces. Notable retailers, such as Trader Joe’s, Costco and a new Whole Foods, are within walking distance from the property, as is the Cherry Creek Trail System, which connects to numerous parks throughout the city. The community is also located in the Douglas County School District, a top school district in the Denver metro area.

Jordan Robbins, senior managing director of JLL Capital Markets, brokered the deal. With this acquisition, Bell Partners now owns or manages a portfolio of approximately 7,400 apartment homes in 21 communities across the Denver region.