Englewood Apartment Complex Sells for $97 Million
View here CBRE Global Investors, the investment arm of international commercial real estate firm CBRE Group Inc., has purchased Alexan CityCenter, an apartment complex located at 801 Englewood Parkway in Englewood, for $97 million. Read more
Boulder Apartment Complex Sale Sets New Record
View here A 26-unit apartment complex in Boulder, located at 1707 Walnut St. has sold for $15.6 million ($600,000 per unit) setting a new record for per-unit pricing in Colorado. ARA, A Newmark Company, represented developer Element Properties in the sale and Manhattan-based Rivendell Global Real Estate purchased the property.  ... Read more
Increase in Colorado Small Businesses for Sale
View Here  Good news for buyers interested in small business ownership: There were 11 percent more small businesses up for sale in Colorado during the first quarter of 2017,  than there were at the same time last year—median asking prices are also down from last year. Baby boomers appear... Read more
Pinnacle Announces Sale of Three Denver Metro Area Properties
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of three Denver-metro area properties, including a 17-unit multifamily property in the Baker neighborhood, a 4-unit building in Denver, and another multifamily building in Lakewood. 410 Delaware Street This 17-unit multifamily property was built in 1966... Read more
Eric Breuer and Kelsey Lawless join the management and leasing team at The Confluence
Denver, CO  – The Confluence apartment building, a 35-story apartment project in downtown Denver  welcomes the addition of Eric Breuer as Property Manager and Kelsey Lawless as Leasing Consultant. PMRG, a nationally recognized, full-service commercial real estate firm and National Real Estate Advisors are developing the Class A residential... Read more
Denver Professionals Recognized Nationally by Transwestern for 2016 Performance
Denver, CO – Transwestern announces two Denver professionals were recognized nationally in the commercial real estate firm’s 2017 Presidents’ Awards for their outstanding performance in 2016. Antonio Villazana has been named an Experience Extraordinary Champion for his dedication to superior customer service and upholding Transwestern’s core values. Villazana maintains a... Read more
NavPoint Real Estate Group Adds Veteran Commercial Broker
NavPoint Real Estate Group announced the addition of veteran commercial real estate broker Charlie Davis.  Mr. Davis brings 35 years of commercial real estate experience with a variety of industry roles in brokerage and asset management. Over that period, Charlie has focused on his own brokerage activities, as well as... Read more
CBRE Hotels arranges $145M sale of Park Hyatt Resort in Beaver Creek
Beaver Creek, CO – CBRE Hotels announced that it has arranged the sale of the 190-room Park Hyatt Resort & Spa located at 136 E. Thomas Place in Beaver Creek, Colorado, to Ashford Prime for $145.5 million. Bernard Van der Lande, director, CBRE Capital Advisors, and Mark Darrington and Larry... Read more
NGKF Transaction March Reports
Transaction Report Ending 3/10/17 Thomas Lee, Jonathan Tilton and Mary Boyle of Newmark Grubb Knight Frank represented Boulevard Investors, LLC. in the $2.3 million sale of a 13,355 square foot property located at 730 17th St. to tenant, Bayswater Management Company. Scott Garel of Newmark Grubb Knight Frank represented... Read more
Newell Team Growing
Denver, CO – Josh Newell, Principal at Pinnacle Real Estate Advisors, LLC, announces the growth of his team to include four Brokers and two Transaction Managers. Justin Mihalcin joined the Newell Team as an Associate Advisor and will specialize in multifamily investment opportunities. Justin previously worked as a Landman... Read more