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Winter Park Workforce Housing Development Moves Forward

Leave a Comment / Construction, Development, Workforce Housing /

A joint venture partnership between Consolidated Development Partners and MRE Capital recently secured $9.95 million in financing for the development of Fireside Apartments, a garden-style multi-housing community totaling 50 workforce housing units in Winter Park, Colorado. Due for completion in March 2023, Fireside Apartments will be located on the southeast corner of Kings Crossing Road and […]

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Alturas Capital Partners Purchase Colorado Springs’ Airport Portfolio

Leave a Comment / Investment, Office /

Alturas Capital Partners, a Boise-based real estate investment company, has acquired 985 Space Center Dr. and 1055 N. Newport Road, in Colorado Springs, two properties that are collectively known as Airport Portfolio. This 162,946-square-foot, office portfolio is in a high-performing submarket near Peterson Air Force Base. Including this acquisition, Alturas Capital Partners now owns six properties in Colorado Springs and plans

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Tennyson Place Apartment Community Sells for $32.4M

Leave a Comment / Brokerage, Multifamily /

Cohen Rojas Capital Partners, a private real estate investment firm specializing in value-add residential and mixed-use properties, has purchased Tennyson Place apartment community in Denver for $32.4 million. Andy Hellman, Justin Hunt, Erik Toll, Katie Fergen and Jessica Graham with CBRE’s Denver office represented the seller, Allante Properties. “We are incredibly pleased with the sale of

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Five-Building Speculative Industrial Development to Break Ground in Mead

Leave a Comment / Construction, Development, Industrial /

Denver-based Silver Point Development has acquired 37 acres of land for Phase I of the development of Elevation25, a five-building speculative industrial warehouse project totaling 578,240 square feet located near the intersection of Weld County Road 9½ and Highway 66 in Mead, CO. The project is the only high-bay warehouse speculative industrial development in the

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Confluent Development Elects New Members to Board of Directors and Advisory Board

Leave a Comment / Advisory, Development /

Confluent Development, a national full-service real estate investment and development firm headquartered in Denver, has announced the election of John H. Myers of Forstmann & Company to its board of directors, and the appointment of Robert Ezer of Amica Senior Lifestyles to its advisory board. As Confluent welcomes the two new appointments, the real estate

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Movers and Shakers Week Ending 12.03.21

Leave a Comment / Movers and Shakers /

Sarajane Goodfellow Joins CBRE’s Denver Office CBRE announced that Sarajane “SJ” Goodfellow has joined its Denver office as a first vice president. Ms. Goodfellow is partnering with Chris Phenicie and Allison Berry to focus on office landlord representation in downtown Denver. Ms. Goodfellow joins CBRE from Unico Properties where she served as director and market

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Namasté Solar and the Community Support 176 Colorado Families with Yearlong Energy Bill Relief

Leave a Comment / Charity, Energy /

This winter, solar energy will be more accessible to 176 Colorado families that are unable to keep up with utility payments because of the $43,900 raised by the Keep the Lights on Colorado campaign. Namasté Solar brought businesses and individuals together to support the campaign with 16 corporate sponsors and 60 individual donors helping provide community

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New 250-Unit Mixed-Use Project Coming to Denver’s Golden Triangle Neighborhood

Leave a Comment / Brokerage, Development, Multifamily, Retail /

Denver-based developer Summit Capital Venture Group has purchased 1158 Delaware Street and 328 W 12th  Avenue, an 18,750-square-foot land deal, for the sale price of $5.4 million. Summit plans to demolish the existing apartment buildings on site and build a new 250-unit mixed-use project with 2,000 square feet of ground-floor retail. The project is estimated to cost $90.1

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Flex and R&D Park Near Boulder Sells to CapRidge Partners for $37.8M

Leave a Comment / Brokerage, Industrial /

Austin-based CapRidge Partners has acquired Creekside Business Park, a three-building light industrial park totaling 257,266 square feet in Longmont, for $37.8 million. JLL Capital Markets represented the seller, Brass Creekside 2019, LP, an affiliate of Brass Real Estate out of San Antonio, Texas and arranged acquisition financing via a joint facility for the business park and a

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Denver Approves New Ordinance for Building Electrification

Leave a Comment / Development, Energy /

On Nov. 11, the Denver City Council unanimously approved an ordinance that will require energy performance and greenhouse gas emissions reductions in existing commercial and multifamily buildings and future electrification requirements for existing buildings.  “This is truly a monumental step in the direction of rapidly reducing our greenhouse gas emissions,” said Katrina Managan, buildings team

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