Southern Land Company Opens First Denver Apartment Community, Centric LoHi
DENVER – Southern Land Company (SLC), has opened Centric LoHi, its first apartment community in Denver. The mixed-used, multifamily development began welcoming its first residents earlier this month. Centric LoHi, designed by EV Studio, features 302 luxury apartments spread between two buildings at 18th Street and Central Avenue in the city’s Lower Highland... Read more
LA Investor Acquires Workforce Housing Apartments for $52M
DENVER – Oak Coast Properties, a real estate investment firm focused on core plus, value-add and opportunistic real estate acquisitions across the United States, announced today they have acquired a majority interest of Villas on 76th, a 384-unit workforce housing apartment complex in Denver. The current owner, Cherry Creek-based BMC Investments, will maintain... Read more
DDP Releases Center City Housing Report; Address Need for Affordable Housing
DENVER – The Downtown Denver Partnership has released its Center City Housing report, detailing the population growth and number of housing units added or under construction in each of the center city’s 14 neighborhoods since 2010. The report was released in conjunction with the Partnership’s Center City Housing Forum,... Read more
Walker & Dunlop Launches New Website
DENVER– With offices nationwide, including one in Denver, Walker & Dunlop, Inc., announced today that it has launched a new website as the capstone of its comprehensive rebranding efforts. Walker & Dunlop is one of the largest commercial real estate services and finance companies in the United States providing financing... Read more
Apartments in RiNo Sell for $89M
View here According to public records, Chicago-based Amli Residential has bought a 332-unit apartment complex in Denver’s River North Neighborhood for $89 million. The Crossing at Denargo Market, at 2525 Wewatta Way sold for $277,258 per unit. Privately-held Amli now owns more than 3000 units in Colorado. Read more
Pinkard Construction Underway on Mixed-Income Lowry Apartments
DENVER – Pinkard Construction Company is currently underway on the 68,217-square-foot Lowry Apartments, a four-story wood-framed mixed-income development at Lowry’s Boulevard One community. The 72-unit facility — which includes 20 units for the homeless — will provide 41 one-bedroom units, 23 two-bedroom units, and eight three-bedroom units. It will feature ground floor community space,... Read more
Vail Resorts Converting Silverthorne Offices into Workforce Housing
View here According to the Denver Post, Vail Resorts will put up $440,000 to convert a mixed-use property, the company owns in Silverthorne CO, into workforce housing. The project is part of the company’s $30 million commitment to workforce housing. They have also started building a $6 million workforce housing project in... Read more
Nashville Developer Opens Office in Denver
View here Southern Land Co., a Nashville real estate developer, is to open an office in Denver — a sign of the company’s ongoing and future activity in that market. The developer currently has two projects in Denver; Centric LoHi, a 302 apartment complex with 9,000-square-feet of retail space, just completed... Read more
Major Mixed-Use Development Planned for Johnstown, CO
DENVER — Arizona-based Caliber Development, a subsidiary of Caliber – The Wealth Development Company, and Westar Development, have acquired a 256-acre land parcel for mixed-use development in Johnstown, a rapidly growing city on Interstate 25 just 45 minutes north of Denver. Ideally situated at the southeast corner of I-25 and the Freedom Parkway... Read more
Hotel-Apartment Complex Opens in Centennial
View here The WaterWalk Hotel Apartments, at 11400 E. Peakview Ave. near East Arapahoe Road, in Centennial, are now open. The 146-unit property that spans 123,378-square-feet, offers residents extended-stay hotel units that offer the space and comfort of an apartment.  It’s the second WaterWalk to be opened by the... Read more