Multifamily Apartments Will Replace Denver’s Last Kmart
View here DENVER – The Kmart store located at West Alameda Ave., and South Cherokee St. in Denver, that closed down this month, is set to be replaced with a multifamily apartment complex comprised of 350 rental units. The development is part of a general development plan that aims to create... 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
Millennials Bring Good News for New Housing Developments in Denver
View here. With Denver’s population increase residents are finding it difficult to rent or buy property because of rising cost and taxes. Egbert Perry, chairman and CEO of Integral Group, believes Gentrification is the key to living in a neighborhood without services because it brings in needed infrastructure. Integral... 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
Micro-Apartments Are Helping Local Businesses Grow in Denver
View here.  The demand for apartments in Denver is rapidly growing bringing rent prices higher and higher. To accommodate this demand micro-apartments have started appearing across downtown Denver. With tiny spaces residents need places to store their belongings, and local companies are growing their businesses to fulfill these needs.... Read more
Pinnacle Announces Sale of 12-Unit Apartment Building In Denver
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2358 South University Boulevard located in Denver, Colorado. This 12-unit multifamily property was built in 1961, with renovations taking place in 2012. The building is located just one block from the University of Denver... Read more
HFF secures $81.9 million financing for 400-unit multi-housing community in Denver
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $81.9 million in acquisition financing for Skye 2905 Urban Flats (Skye 2905), a 400-unit, Class A multi-housing community in Denver’s North Union Station neighborhood. HFF worked exclusively on behalf of the borrower, Griffis Residential, to place... Read more
Aurora’s Bright Future for Land Development
View here With more and more people moving into metro Denver the demand for housing is growing. However, Denver no longer has any room to expand which brings developers eyes to Aurora for its vast amount of undeveloped land. The city is ready to take on this opportunity, and... Read more
Pinnacle Announces the Sale of a 17-Unit Apartment Building in Lower Highlands
Denver, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of the 2727 W 33rd Avenue, Denver, CO 80211. This 17-unit multifamily property was built in 2015 and is located in the Lower Highlands Neighborhood. Each unit includes high ceilings, granite counter tops and maple... Read more