L&G Acquires The Alder Apartments in Denver Metro, Marking Fourth Multifamily Acquisition in 12 Months

Chicago, IL (December 19, 2025) – L&G, through its dedicated US Real Estate team, has acquired The Alder apartments, a newly constructed, 300-unit multifamily community in Parker, Colorado, from Century Living, the multifamily division of top 10 publicly traded homebuilder Century Communities, Inc. This acquisition was made on behalf of L&G’s Institutional Retirement business, who will be the sole investor. The deal follows the purchase of Outlook Golden Ridge for the US business in November and further demonstrates L&G’s strategic focus on growing its US real estate portfolio and global Private Markets platform.

L&G is accelerating the expansion of its global Private Markets platform in the US. By leveraging deep sector expertise and a disciplined investment approach, L&G is building a diversified portfolio of high-quality, sustainable assets across key US markets. This growth reflects the firm’s ambition to become a leading player in US private markets and the opportunity to deliver long-term value for clients and stakeholders while supporting vibrant communities and economic development. 

As a long-term strategic partner, Taurus Investment Holdings, LLC will oversee the execution of The Alder’s business plan, focusing on guiding the asset to full stabilization and supporting the asset’s long-term value. Taurus will also work alongside its strategic energy affiliate, EcoSmart Solution, to implement energy solutions, including the installation of solar PVs intended to maximize operational efficiency.¹

Alexia Gottschalch, Head of US Real Estate Equity, Asset Management – America, L&G:

“We are delighted to add The Alder to our US portfolio, building on the momentum from our other acquisitions this year. This investment exemplifies our commitment to identifying high-quality, resilient assets that deliver value for our clients and support the continued growth of our global Private Markets platform in the US.” 

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Further information

Media contact:

Carolyn Gasbarra
Edelman Smithfield
Carolyn.Gasbarra@edelmansmithfield.com
O: 630.220.0017

Notes to editors

1 L&G has a minority stake in Taurus Investment Holdings, LLC.

 

L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet. 

Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term.

We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change.

*Source: Global AUM as of June 30, 2025. Assets tallied biannually. “Global AUM” aggregates the assets managed by Legal & General Investment Management Ltd. ("LGIM"), Legal & General Investment Management America, Inc. ("LGIMA"), Legal & General Investment Management Asia Limited (“LGIM Asia”) and LGIM Singapore Pte. Ltd. (“LGIM Singapore”). The AUM includes the value of securities and derivatives positions. AUM figures converted using the spot rate at the relevant date.

About Taurus Investment Holdings, LLC 

Established in 1997, Taurus Investment Holdings, LLC is a global real estate investment and development firm headquartered in Boston, MA. The firm focuses on strategic investments into value-add, core-plus, opportunistic and development opportunities. 

Throughout North America and Europe, Taurus is consistently recognized as one of the premier owner-operators of both directly managed and joint venture commercial real estate. To date, Taurus’ fully integrated real estate operating platform has acquired or developed more than 74 million square feet of commercial space across industrial, multifamily, office, mixed-use and renewable energy sectors totaling more than $11.5 billion in value.

About Century Communities, Inc.

Century Communities, Inc. (NYSE: CCS) is one of the nation’s largest homebuilders and a recognized industry leader in online home sales. Century Communities has also been designated as one of U.S. News & World Report’s Best Companies to Work For (2025–2026).* Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

* Source: U.S. News, https://careers.usnews.com/companies/century-communities-21333404

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Unless otherwise stated, references herein to "L&G", "we" and "us" are meant to capture the global conglomerate that includes Legal & General Investment Management Ltd. (a U.K. FCA authorized adviser), Legal & General Investment Management America, Inc. (a U.S. SEC registered investment adviser) Legal & General Investment Management Asia Limited (a Hong Kong SFC registered adviser), Legal & General Investment Management Japan KK (licensed by the FAS in Japan), and LGIM Singapore Pte. Ltd. (licensed by the MAS in Singapore).