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OlivePoint Capital (“OlivePoint”), a real estate investment manager focused on value-add and special situation opportunities in the lower middle market, announced today the acquisition of Stella on the Park, a 2021-vintage mixed-use project located in metro Denver. The transaction was sourced and executed off-market.

The project comprises 216 residential units and 35,000 square feet of retail space. OlivePoint acquired the asset at more than 50% discount to replacement cost. The acquisition was made through OlivePoint's fund, OPC Fund I LP (“the Fund”).