MBK Rental Living Expands to Colorado with Luxury Apartment Developments in Denver and Colorado Springs
MBK Rental Living's strategic entry into Colorado with two luxury apartment communities marks its first expansion beyond California, signaling broader growth ambitions in the Western U.S. real estate market.

MBK Rental Living, previously operating exclusively in California for over a decade, has launched its inaugural luxury apartment communities in Colorado, representing a significant strategic expansion into the Western U.S. market. The developer opened Alexan Peña Station in Northeast Denver and The Aven in Colorado Springs, both developed through joint ventures, indicating a deliberate move to diversify its geographic footprint and capitalize on Colorado's growing residential demand.
Alexan Peña Station, developed with partners Trammell Crow Residential and Tokyo Tatemono, comprises 578 units across 14 buildings on a 20-acre site. The community features extensive amenities including resort-style pools, co-working spaces, and a public park with recreational facilities. Located at https://alexanpenastation.com, the property emphasizes urban connectivity with proximity to Denver International Airport and local attractions.
The Aven, developed in collaboration with Hines, offers 284 units with mountain views and amenities such as a fitness center and dog park. Situated in Colorado Springs' desirable Briargate neighborhood, it provides access to shopping, schools, and outdoor recreation. More information is available at https://livetheaven.com.
Ken McCarren, President of MBK Rental Living, stated that this expansion reflects the company's growth strategy focused on building communities that enhance resident lifestyles while delivering investor returns. The move into Colorado, a dynamic and desirable market, suggests potential for further developments in the state and across the Western U.S., leveraging MBK's expertise in luxury multifamily development. The company continues to lease properties in California and has plans for new communities starting pre-leasing in 2026.