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Construction Underway on Labriola Innovation Hub in Golden

Leave a Comment / Architecture, Construction, Development, Education, Engineering /

According to the Colorado School of Mines, construction on the long-awaited Labriola Innovation Hub, on the Colorado School of Mines campus, began last month. The hub is projected to open by January 2023. The 37,000-square-foot building, located near 13th and Maple streets, is the state-of-the-art centerpiece of the Mines Entrepreneurship and Innovation Ecosystem and the […]

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Hotel in Colorado Springs to be Converted into Affordable Housing

Leave a Comment / Affordable Housing, Brokerage, Multifamily /

Texas investors SHIR Capital has purchased The Hotel Eleganté in Colorado Springs for $25 million. According to Capital Property Group, the brokerage firm that closed the sale, the 496-room hotel is among the largest in Colorado. SHIR will convert the hotel into affordable housing for entry-level workers. Capital Property Group Investment Advisor Bryan Rodriguez represented both the buyer and

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Mile High Trendy Office: i2 Construction (PHOTOS)

Leave a Comment / Architecture, Construction, Design, Development, Feature, Office, Trendy Office Features /

As a full-service general contractor that believes a space should be an extension of a company, i2 Construction held itself to that standard with its own office. i2 wanted to create a space that was fun and memorable, in line with its company culture. The clean, industrial aesthetic creates a modern vibe with all the comforts

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Nonresidential Construction Spending Projected to Increase through 2023

1 Comment / Architecture, Construction, Development, Healthcare, Hospitality, Industrial, Office, Reports /

According to a new report from the American Institute of Architects, the national nonresidential building sector is expected to see a healthy rebound through next year after failing to recover with the broader economy last year. The AIA’s Consensus Construction Forecast panel—comprising leading economic forecasters—expects spending on nonresidential building construction to increase by 5.4 percent

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Denver Housing Authority Outlines Plan to Add 1,300 Units through Housing Initiative

Leave a Comment / Affordable Housing, Construction, Development, Multifamily /

Denver Housing Authority announced its 2022 priorities which include delivering thousands of new housing options in the city. Efforts include continuing towards adding 1,300 units through the DHA Delivers for Denver (D3) housing initiative; continuing efforts on the Sun Valley revitalization through the Choice Neighborhoods Initiative adding more than 900 new housing options; and focusing efforts and

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Denver Community Church Seeks New Location

Leave a Comment / Brokerage /

As part of its strategic plan to secure a new location, Denver Community Church(DCC) has sold its 18,155-square-foot location at 1101 S Washington St., in Denver, to Restoration Church for $3.1 million. Transwestern’s team of Kevin McKinnon and Craig Paton represented the DCC in the disposition and Savills’ Todd Roebken represented Restoration Church. “Denver Community Church has served the Wash

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KSL Capital Partners Chairman Michael Shannon Awarded ALIS Lifetime Achievement Award

Leave a Comment / Awards, Hospitality /

KSL Capital Partners Co-founder and Chairman, Michael Shannon, was recently presented with the prestigious Lifetime Achievement Award during the 21st annual Americas Lodging Investment Summit (ALIS) in Los Angeles. This prominent award is presented to an individual who has made significant contributions to the hospitality industry through their actions, deeds, and great accomplishments. “I am

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Value-Add Apartment Community in Windsor Receives Multi-Offers, Buyer Plans Extensive Renovations

Leave a Comment / Brokerage, Multifamily, Renovation /

Chestnut Square Apartments, a 116-unit multifamily property located at 601 Chestnut St in the town of Windsor, approximately 15 miles outside of Fort Collins, has sold for an undisclosed price. The property was acquired by 601 Chestnut, LLC from the Jones Family Trust and plans to reposition the property through an extensive renovation program including unit

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BMC Investments Sets Sights on Suburban Attainable Housing in 2022

Leave a Comment / Development, Investment, Multifamily /

Denver-based BMC Investments (BMC), a vertically integrated real estate investment firm specializing in the acquisition and development of various property types, completed over $1.6B in transaction volume in 2021, marking it as one of the company’s most successful years to date. Most notably, deals included a recapitalization of one of BMC’s workforce housing communities, Villas at 76th; the refinancing

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Pinnacle Real Estate Advisors Congratulates Top Brokers 2021

Leave a Comment / Awards, Broker, Brokerage /

Pinnacle Real Estate Advisors, LLC, a full-service commercial real estate brokerage firm, has awarded Josh Newell, principal, this year’s Top Producer award. This marks the tenth time in the past fourteen years that Newell has received Pinnacle’s top overall broker award. Newell also earned the Top Multifamily Broker award. “Josh and the entire Newell Team

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