Commercial Mortgage Backed Securities – Outlook Fairly Good for Remainder 2016
View Here According to the research released by Trepp, CMBS delinquency rates were at 4.15% as of February 2016, down from a high of 10.34% in June 2012. The delinquency rates could affect the number of loan originations for the rest of 2016. Published on GlobeSt.com Photo credit: Trepp Read more
Transwestern Brokers Sale of Shopping Center in Denver’s Northwest Submarket
Denver, CO – Transwestern’s Denver office represented the Ann Hurley Hodgdon Trust in the sale of Independence Square, located at 4980 and 4990 Kipling St. in Wheat Ridge, Colorado. The 43,770-square-foot shopping center was acquired by an undisclosed family trust. Managing Directors Brad Cohen and Larry Thiel of Transwestern’s Denver... Read more
Zeigler Secures $44.2M in Bond Financing for Seniors Housing Community in Colorado
Colorado Springs, CO – Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $44,185,000 unrated, fixed-rate Series 2015 Bond issue for Sunny Vista Living Center. Sunny Vista Living Center, a Colorado not-for-profit corporation (Sunny Vista Living Center or Sunny Vista, or SVLC), offers a total... Read more
New Class A Construction in High-Growth Aurora Atrracts Arterra Place Apartment Community Buyer
Denver, CO – CBRE Group, Inc., announced today the sale of Arterra Place apartment community located at 17036 East Ohio Drive in Aurora, Colorado. Dave Potarf, Dan Woodward and Matt Barnett of CBRE Denver Multifamily Investment Properties represented the seller, Jordon Perlmutter & Co. of Denver. LandBank Investments, LLC, of... Read more
Essex Originates $5.0 Million Acquisition Loan
Denver, CO – Essex Financial Group has arranged a $5.0 million non-recourse loan for the acquisition of the Wheeler Block Building.  The Wheeler Block Building is a 6-story, 33,000 square foot brick and timber office building located in Denver’s vibrant Lower Highlands neighborhood.  The Wheeler Block Building was ~75% occupied at... Read more
Marcus & Millichap Completes Sale Mimi’s Cafe
Colorado Springs, CO – Marcus & Millichap, commercial real estate investment services firm, announced the sale of a net leased Mimi’s Cafe located in Colorado Springs, Colo., according to Richard A. Bird, regional manager of the firm’s Denver office. The asset sold for $3,362,500. The seller, a limited liability company,... Read more
Redevelopment, Rehabilitation and New Opportunities for the Emily Griffith Opportunity School Site
WHEN: Wednesday, March 16, 5:30 – 7:00 p.m. WHAT: Historic Denver, Inc., Denver Public Schools (DPS) and the Downtown Denver Partnership will host a community meeting this evening,Wednesday, March 16, 2016 for the public to hear the latest developments on the designation plans and the future redevelopment opportunity of the... Read more
Jackson Square $75.1M Trade Transaction – Sells One Apartment Complex in Denver, Buys Another
Denver, CO — Jackson Square Properties has sold the 345-unit Villas at Parker apartment community in Denver to Advenir. The seller used the proceeds from that sale to acquire the 185-unit Arapahoe Club, another apartment community in Denver. Though prices were not given on the individual transactions, the entire... Read more
Inaugural Launch: Denver Commercial Real Estate in the Spotlight
As the regional focus for the inaugural launch of Mile High CRE and NAIOP Colorado‘s benchmarking commercial real estate awards, Denver continues to find itself in the spotlight. With such honors as Forbes’ #1 place for business and careers to the U.S. News and World Report #1 city to live, Denver and... Read more
Two North Denver Multifamily Properties Just Sold by CBRE
Carrick Bend Located at 11525 Community Center Drive in Northglenn, Carrick Bend was built in 2014 and includes 228 units. Starlight Investments Acquisition, LLC, of Toronto, Ontario, purchased the property for $47.88 million in a sale that closed Feb. 11. Dave Potarf, Dan Woodward and Matt Barnett of CBRE Denver Multifamily... Read more