EMBREY Announces Land Acquisition Closing For Multifamily Project in Englewood, Colorado

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EMBREY has closed on its site purchase for a 395-unit multifamily community that offers mountain views, neighborhood walkability and easy access to jobs, shopping and entertainment. EMBREY has 17 completed projects in Colorado and this is its sixth currently under construction.

“EMBREY is committed to design, attention to details and amenities in its communities that create a true sense of home for our residents,” said Jimmy McCloskey, Executive Vice President of Development. “As builders, we really pride ourselves in matching the ambience of our living and working spaces to the lifestyle needs of the individuals and families who choose EMBREY properties for their homes.”

The first units and clubhouse are expected to be available in the third quarter of 2026 with project completion in 2027.

Community amenities will include a top-floor amenity deck; a pool with courtyard fire feature and an outdoor kitchen; a game room with shuffleboard and billiards; a leading-edge fitness center and yoga studio; a wi-fi lounge with micro offices and an available conference room for collaboration. The property will include a bike repair shop with storage and, for furry friends, a Paw Spa.

Interior finishes will feature quartz counterops in kitchens; stainless steel appliances; wood-style flooring in all common areas with porcelain tile in bathrooms; washers and dryers in all units; spacious closets; built-in desks and mud benches in select units. Townhomes will be available with direct-access garages and walkout porches.

Investment for the project is supported by Cresset Partners.

“We are thrilled to partner with EMBREY on this exciting development,” said Jason Ross, Managing Director at Cresset Partners. “This project is appealing for several reasons, from the proximity to multiple retail amenities and convenient access to downtown Denver, Denver Tech Center, and the Swedish Medical Center campus, to a young, diverse, and educated workforce. It also perfectly aligns with our approach towards Qualified Opportunity Zone investing. The City of Englewood has demonstrated continued population growth and has become one of the more desirable areas in the Denver metro area to live given its proximity to major employment nodes and ease of accessibility.”

San Antonio-based EMBREY is a vertically integrated real estate investment company that develops, builds, acquires, owns and manages multifamily communities and commercial assets in select markets throughout the United States. In 2024, EMBREY celebrates its 50th year in business with 50,000 multifamily units and more than six million square feet of commercial property completed in its history. As a leading developer in the multifamily sector, the company has more than 6,000 units under construction or in development. www.embrey.com

About Cresset Partners
Cresset Partners is a private investment firm focused on providing its investors with direct access to opportunities in real estate, private credit, private equity, and venture capital. We focus on building outstanding, lasting partnerships by investing long-term capital, resources, and expertise to create sustainable value. We believe that long-term investing creates better alignment and reduces risk and inefficiencies, leading to better outcomes for all stakeholders. Cresset Partners was founded in 2018 and has more than $3.5 billion in committed capital. Learn more at: www.cressetpartners.com