Closed Student Housing Acquisition
Saga Boulder
Boulder, CO
152-bed, two-building student housing community at 955 Broadway, directly across from the University of Colorado Boulder campus. Saga Boulder offers individually leased two-, three-, and four-bedroom units with private bathrooms and in-unit washers and dryers, plus a shared courtyard, study spaces, entertainment lounges, and secure underground parking. The property is managed by Landmark Properties and started the 2026-27 school year 100% leased.
- Investment
- Equity
- Location
- Boulder, CO
- Asset class
- Student Housing
- HC2 participation
- $19,006,000
- Units/Beds
- 152 beds
The Opportunity
Why we invested
The investment targeted an irreplaceable location directly across Broadway from the CU Boulder campus in one of the most supply-constrained student housing markets in the country. Boulder's strict development environment and CU's enrollment strength underpin durable occupancy, and pairing the asset with Landmark's management platform positioned this smaller community to be a steady, consistent performer.
Our portfolio showcases our ability to uncover unique opportunities, navigate complex transactions, and deliver strong, risk-adjusted returns for our partners.
Execution
Our role in the deal
Sourcing
We identify high-quality assets in supply-constrained markets and partnering with proven operators.
Asset Management
We provide investors quarterly reports, market updates, construction camera access, and audited financials.
Underwriting team
Gabriel Hidalgo, Doug Conner and Jim Crigler review and underwrite every HC2 Capital investment together.
Meet the teamThe property
Project gallery
Saga Boulder at 955 Broadway, across from the University of Colorado Boulder. 
Aerial view of Saga Boulder and the surrounding Boulder blocks. 
Saga Boulder with the Flatirons behind it. 
Courtyard elevation of the two-building community. 
Covered bicycle parking at Saga Boulder. 
Street corner view of Saga Boulder on Broadway.
Related investments
Other HC2 Capital investments in the same asset class.
Investors
Investor Portal
Existing investors can access statements, K-1s and distribution history.
