Cheesman Park apartment building built in 1973 sells for first time. "It's just an extremely differentiated product in one of the best locations in the city," the buyer said. By: Matt Geiger Published: October 20, 2026 The Manchester was the epitome of a long-term hold. Last week, local apartment investor RedPeak paid $23 million for the 14-story building steps from Cheesman Park and the Denver Botanic Gardens. "We bought it from some of the original group of investors that have owned it since the mid-'70s," said Craig Kalman, chief investment officer at RedPeak. Enjoy unlimited access for less than $1/day. Topics.

Employee update: StoneRiver Property Management's newest Regional managers. Promotion. Wesley Burleson. Regional Manager, StoneRiver Property Management. StoneRiver Company is excited to announce that Wesley Burleson has been promoted to Regional Manager for StoneRiver Property Management. In this role, he provides strategic oversight and leadership across a portfolio of multifamily communities, supporting onsite teams in administrative operations, compliance execution, financial performance, and resident experience. Wesley is known for building strong property-level leadership through clear expectations, consistent communication, and a collaborative, solutions-driven approach. Wesley has been with StoneRiver for two years and has steadily advanced through the organization, serving as both a Property Manager and Area Manager before earning his current role. His growth within the company reflects his strong operational instincts, commitment to excellence, and ability to drive results through people-focused leadership. Prior to joining StoneRiver, Wesley served as a Property Manager with Asset Living and previously held the role of Assistant Property Manager with RedPeak in Denver, Colorado. He began his career in property management as a leasing agent and quickly rose through the ranks, earning a Property Manager position within three years. With more than eight years of industry experience, Wesley brings a well-rounded perspective and a deep understanding of onsite operations. StoneRiver Company is excited to announce the addition of Kat Crawford to the StoneRiver Property Management team! Kat Crawford serves as a Regional Manager for StoneRiver Property Management, where she is responsible for overseeing the operational and financial performance of a portfolio of multifamily communities. In her role, Kat provides strategic leadership across her region, partnering closely with on-site teams to drive occupancy, revenue growth, and resident satisfaction while ensuring alignment with StoneRiver's standards and long-term investment objectives. With nearly two decades of experience in the multifamily industry, including more than 16 years in leadership roles, Kat brings a disciplined, results-oriented approach to property management. She has a proven track record of optimizing asset performance through hands-on operational oversight, detailed financial analysis, and the implementation of targeted marketing and leasing strategies. Prior to joining StoneRiver, Kat served as a Regional Manager at D.R. Horton, where she oversaw the lease-up and stabilization of eight build-to-rent and multifamily communities totaling more than 2,300 units across multiple Southeast markets. In this role, she led high-performing teams, implemented structured performance plans, and worked cross-functionally with construction and ownership groups to maximize asset value from delivery through stabilization. Kat is known for her hands-on leadership style and her ability to develop high-performing teams. She is deeply committed to operational excellence, continuous improvement, and fostering a culture of accountability and professionalism across her portfolio. She is an active member of the Greater Birmingham Apartment Association and has been recognized throughout her career with multiple industry awards, including Community Manager of the Year and the Circle of Excellence Award.