Amid supply chain, shipping, and labor challenges, more consumers are expected to return to brick-and-mortar stores for annual gift purchases this holiday season, with in-store sales expected to jump significantly compared to 2020. According to CBRE’s annual Holiday Trends Guide, shoppers are expected to put gift cards at the top of the gift-giving list in […]
In-Store Shopping to Make a Come Back this Holiday Season Read More »
Warren Village, a Denver-based organization focused on providing housing and helping low-income, single-parent families make the journey from poverty to self-sufficiency, plans to expand program services to a third facility on newly acquired land awarded through a highly competitive process managed by The Denver Housing Authority (DHA) and the City and County of Denver (CCD), funded by the DHA Delivers
Denver Housing Authority Awards Land to Warren Village in Southwest Denver Read More »
Point 21 Urban Flats, a 212-unit, luxury, core-plus, podium-style multi-housing asset in downtown Denver, has sold to Mountain View Capital for $84.25 million, according to public records. JLL worked on behalf of Mountain View Capital to arrange a $52 million, five-year acquisition loan with four years of interest only through a JLL correspondent national insurance company. The financing reflects a
Mountain View Capital Acquires Luxury Apartments in Downtown Denver Read More »
After successfully navigating an unprecedented couple of years and a construction market significantly disrupted by COVID-19, Cumming, an international construction consultancy, and its regional team, has turned the Wolf and Singleton Theatres back over to Denver Center for the Performing Arts (DCPA) and the long-awaiting local community. Providing project management, Cumming’s team of cultural and entertainment construction experts successfully managed
Renovation of Two Local Theaters Now Complete Read More »
Broadmark Realty Capital Inc. (“Broadmark”), an internally managed secured real estate finance company, has announced the origination of three short-term construction loans in the third quarter of 2021 totaling approximately $48.4 million. The loans include: $25.7 million to sponsor Alura Vail, LLC to fund the construction of Alura Vail, a 10-unit townhome project located in
Broadmark Secures Construction Financing for Two Colorado Projects Read More »
As a planner specializing in entitlements, conceptual site design, land planning, and community engagement, Kate Lucas, planning project manager with RE|Solutions, LLC, has worked with over 45 different municipalities and numerous resident groups. She has managed the design, entitlement, and CEQA process for brownfield projects ranging from quarter-acre single-use sites to mixed-use projects of several
Q&A with Kate Lucas, AICP, RE|Solutions, LLC Read More »
Leale Capital, a specialized commercial real estate investment firm focused on maximizing the value of existing multifamily properties along Colorado’s Front Range, has officially launched in the Denver market. The firm’s debut includes investments in three promising multifamily properties in partnership with Strat Ventures. Founded by seasoned commercial real estate finance leader Marc Cianciola, Leale Capital
New Real Estate Investment Firm Launches in Denver Read More »
Greenwood Village-based NexGen Properties, LLC (“NexGen Properties”) has acquired the 74-key Hampton Inn and Suites in Greeley for $7.95 million. The 3-story, 48,980-square-foot hotel will diversify NexGen Properties’ real estate holdings with its first hospitality acquisition. The seller, Fort Collins-based Spirit Hospitality (“Spirit”), developed the Hampton in 2006. NexGen Properties was the highest bidder for
NexGen Properties Acquires Hampton Inn and Suites in Greeley Read More »
Denver-based Broe Real Estate Group has acquired a three-building Class A office and office/flex portfolio totaling approximately 260,000 square feet in northern Colorado Springs for $33.25 million. The portfolio is located at Telstar Dr and Research Pkwy within the premier Briargate Business Campus and was approximately 63 percent leased to a diverse tenant base. The
Office Portfolio in Colorado Springs Sells for $33.25M Read More »
Vertix Builders, a culture-focused construction company, announced that the company has successfully completed an X-Ray replacement project for Vail Summit Orthopedics and Neurosurgery in Frisco. This latest project continues Vertix’ focus on bringing top-quality healthcare construction services to the mountain communities of Colorado. This specialized X-Ray upgrade included updated lead shielding and finishes to accommodate
