Sloans Lake Condos Celebrate Breaking Ground
DENVER – NAVA Real Estate Development (Nava), a Colorado-based development company, will host a groundbreaking ceremony today for Lakehouse, a new 206-unit condominium and rowhome development overlooking Sloans Lake. The groundbreaking will take place at 11:30 a.m. at 4202 West 17 th Avenue (at the intersection of 17 th Avenue and Raleigh Street, on the... Read more
Luxury Apartments on Speer Appeal to Live/Work Tenants
DENVER — KTGY Architecture + Planning, an international award-winning architecture firm, recently revealed details behind the design of TriVista on Speer, a 322-unit luxury apartment building currently under construction on Speer Boulevard between 13th and 14th Streets. The seven-story community, adjacent to Denver’s Golden Triangle neighborhood, is slated for... Read more
Top 5 Reasons Carriage Units are Becoming Popular in the ‘Burbs
View here The need for traditional two-story homes has waned over recent years and a demand for non-traditional apartment living has increased. Carriage units — apartments constructed on top of a garage, to maximize space — offer an alternative living style that adds character, transforming a building into townhome-like residences.   Read more
Adams County Apartments Maintain Affordability
View here To preserve the affordability of the Aztec Villa Apartments in Thornton, CO that more than 500 people call home, the Adams County Housing Authority successfully secured low-income housing tax credits and other financing mechanisms to fund its recent renovation. $11.8 million worth of construction upgraded the landscaping and... Read more
$65M Apartment Complex Coming to Arvada
Denver – Timberline Farms in Arvada, a $65.5 million residential development in Arvada will break ground on May 11. The announcement was made by Colorado-based Confluence Companies, which has completed 21 residential multi-family projects in the Denver Metro Area since 2010 with over 2,100 total units, and has four other projects planned... Read more
1,300 New Apartment Units in Denver Plus More Industrial Space
View here Five new complexes totaling nearly 1,300 units were added to the Denver Business Journal’s Crane Watch map, including McWhinney’s 12-story complex called Sova at 19th and Grant and a permit for a 375-unit apartment complex called Vue at Mile High, in the West Colfax neighborhood.Trammell Crow Co. and DCT... Read more
First Stone Development Building Denver Townhomes in Unique Partnership with Denver Zoo
DENVER — First Stone Development, LLC a distinguished real estate development company, is thrilled to announce that their premier development, Saola Townhomes at Sloan’s Lake, is now on the market. In addition, First Stone Development is slated to break ground on two other townhome projects later this year: Vaquita Townhomes... Read more
Developers Scramble to Outline Affordable Housing Projects
View here According to an article published by The Denver Post, developers are being forced to stretch their limited funding resources, in light of a decrease in the value of federal low-income housing tax credits. Investors are no longer willing to pay as much for the tax credits due to the possibility... Read more
Denver’s Q1 CRE Transactions Soar
View here According to an article published by the Denver Business Journal, Denver’s first quarter apartment and office sales were notably high. Five significant transactions took place, including the sale of 1125 17th St., Denver, which remains the largest investment of 2017.   Image courtesy of Jeffrey Beall, Wikimedia commons. Read more
Transactions Report for Week 05.01.17
Unique Properties Inc./TCN Worldwide closed on three significant transactions: 8 Unit Multi-Family Asset Acquired for $1,320,000 Denver — Greystone Unique Apartment Group, multifamily division of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently brokered the sale of an 8-unit multifamily asset located at 807... Read more