News
IMG’s Multifamily Recapitalization Demonstrates Investor Confidence
Woodland Hills, CA — October 31, 2025 — Experienced investors are stepping back into the multifamily market and Investors Management Group, Inc. (IMG)’s Vistas at Plum Creek is the latest example. The company has completed a $28.6 million refinance and partial syndication of the 186-unit community in Castle Rock, CO. Existing owners increased their stakes after nearly a decade in the deal, while new participants joined IMG to capture upside in a high-performing asset during a period when apartment values have dipped.
The new Fannie Mae loan carries a fixed rate below 5% with interest-only payments for the full term. Owners will continue a successful business plan that competitively positions the property within the accelerating South Denver market. Ownership was structured through a Tenancy in Common model to accommodate Limited Partners and 1031 exchange investors.
Investor Confidence Returns
According to CBRE’s Q3 2025 U.S. Multifamily Sentiment Survey, optimism for transaction volume and price stabilization rose notably this fall. GlobeSt reports that “almost 60% of dry powder is targeting multifamily assets,” signaling renewed interest from buyers after recent years of cautious equity deployment.
For IMG, investor response to its Denver offering aligns with a positive sentiment in the market:
- Quality breaks through caution. Even in a slower transaction market, investors are motivated by assets with competitive leasing advantages, such as marketability, amenities and sense of community.
- Capital is selective. Seasoned investors are targeting assets like Vistas at Plum Creek with proven track records that point to consistency and appreciation upside.
- Market conviction. Castle Rock, located midway between Denver and Colorado Springs, is a submarket that demonstrates population growth, limited supply, and affordable rents.
“This is what smart money looks like in 2025,” said Neil Schimmel, CEO of IMG. “Investors are doubling down on fundamentals. Vistas at Plum Creek has been consistent, predictable, and profitable, even as other markets wobbled. It’s the kind of asset that performs in any cycle.”
He added, “Now is the time to buy when values are low. The experienced investors joining this recapitalization understand that the future belongs to disciplined owners focused on quality, management, and location.”
A Proven Performer in a Prime Market
IMG originally acquired Vistas at Plum Creek in 2016 and has invested $3.8 million in capital improvements since then to boost property value. Upgrades have included new roofing, siding, and windows; refreshed outdoor spaces with a pergola and BBQ area; resurfaced asphalt; mechanical system replacements; and a full clubhouse and fitness-center renovation completed in 2025.
The community has maintained stable occupancy and solid rent growth over the past five years, outperforming regional averages and demonstrating the staying power of suburban Denver’s rental demand. Built in 1987, Vistas at Plum Creek offers one- and two-bedroom floor plans, a pool, clubhouse, fitness center, and scenic open-space views.
Located midway between Denver and Colorado Springs, Castle Rock continues to record 4.6% annual population growth and faces limited new multifamily supply. With median home prices near $670K, rental housing remains the attainable option for the area’s expanding professional base.
About Investors Management Group
Founded by Neil Schimmel, Investors Management Group, Inc. (“IMG”) is an award-winning real estate sponsor and asset manager. IMG specializes in improving and managing apartment communities to enhance the resident living experience and maximize value for investors. IMG currently owns and operates a $1 billion national apartment portfolio. Learn more