G2

ASSET CLASS / LOCATION

8-Story Apartment Building in Bogotá, Colombia

ACQUISITION DATE

June 2015

GROSS BUILDING AREA

107,639 sq. ft. (10,000 sq. m.)

COMPOSITION

49 market-rate apartments + 100 parking spaces (structured)

BAC worked in partnership with the architectural firm of Rafael Lopez Uribe & Company to propose and develop this luxury residential project between 2015 and 2018. All apartments were sold in 2015 at prices above pro-forma.