New $200M Mixed-Use Development Planned for RiNo Industrial Site
View here A California-based real estate investment firm called Mass Equities, has acquired a 7.8-acre area of land in RiNo for $38 million that includes two existing buildings totaling more than 219,000 square feet. The firm is planning a $200 million mixed-use development on the 7.8-acre site that will include office... Read more
Investor Interest Remains High as University and Employment Growth Climb in Fort Collins Area
Fort Collins, CO — ARA, A Newmark Company (ARA Newmark) recently announced the sale of Village Gardens in Fort Collins. The apartment community achieved an impressive undisclosed per unit price, thought to be driven by employment growth and Colorado State University’s high enrollment rate. The 141-unit property sits on 13 acres,... Read more
Bay Area Investor Acquires 7th Multifamily Property in Denver
DENVER — Hamilton Zanze (HZ), a San Francisco-based real estate investment company, has acquired the 238-unit Oxford Station residential community in Englewood for a purchase price of $60 million — one of seven properties now held by Hamilton Zanze across the Metro Denver region, and the first in Englewood. The property consists... Read more
Two New Apartment Towers Coming to Denver
DENVER – Texas-based developer Argyle Residential and architect Meeks + Partners are in the process of adding two new apartment buildings to the Denver skyline, a high rise development in the Jefferson Park neighborhood and another in Downtown Denver. 13th and Delaware Apartments Located on a 0.35-acre site at the southeast corner... Read more
RedPeak Purchases Two Denver Apartment Buildings in Two Weeks
DENVER – RedPeak, Colorado’s innovative and highly respected multi-family owner and operator, has announced the acquisition of two Denver apartment buildings within a two-week timeframe, bringing the company’s current portfolio of multi-family properties to 29.  The company is actively pursuing high quality acquisition opportunities in Denver’s premier neighborhoods. 960 Grant in Capital... Read more
Denver Apartment Community Sells for $44.9M
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) today announced the $44.9 million sale of The Park at Canyon Ridge, a 272-unit, garden-style apartment community in southeast Denver. The HFF team marketed the asset exclusively on behalf of the seller, Jackson Square Properties. ColRich Multifamily purchased the property subject to... Read more
Apartment Rents Dip as Metro Denver Inventory Increases
View here The Apartment Association of Metro Denver, Denver is on track to add the most apartments in three decades. As a result, rental rates are decreasing somewhat. The Denver Post reports that the median apartment rent in metro Denver fell from $1,377 during the second quarter to $1,370... Read more
The Confluence Announces Grand Opening
DENVER – PMRG, a nationally recognized, full-service commercial real estate firm, and its partner National Real Estate Advisors, just announced the grand opening of their 35-story apartment project, The Confluence. Located at Denver’s founding site, where the South Platte River and Cherry Creek converge, The Confluence makes a modern architectural statement at the NW... Read more
St. Paul Collection in Cherry Creek North Tops Out
DENVER — BMC Investments (BMC), a Denver-based real estate investment company specializing in the development, acquisition and management of properties across various asset classes and geographies, in partnership with Saunders Construction and 4240 Architecture, announced today the topping out of 210 St. Paul, the first of the two buildings that will make up the St.... Read more
Construction Underway for New Mixed-Use Development in Wheat Ridge
Wheat Ridge, CO – Quadrant Properties, a 15-year-old locally-based real estate development firm, will break ground today on The Corners at Wheat Ridge, a $75 million mixed-use development featuring 231 signature apartment residences and 55,000 square feet of retail and restaurant space. Located at the southwest corner of Wadsworth Boulevard... Read more