Greystone Unique Apartment Group_6050-26th-street
BrokerageMultifamily

22-Unit Multifamily in Central Denver Sold as Stabilized Asset in Five Points Neighborhood

Denver, CO — Greystone Unique Apartment Group, multifamily division of Unique Properties, Inc., recently represented the seller and buyer of a 22-unit multifamily asset located at 605 26th Street in Denver, Colorado. This off-market transaction sold for $2,550,000 or $207,142 a unit and closed on December 22, 2016. 605 26th Street …

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BrokerageMultifamily

Loveland Multifamily Town Homes Acquired for $4.3M

Loveland, CO — Greystone Unique Apartment Group, multifamily division of Unique Properties, Inc., recently brokered the sale of a 34-unit multifamily asset located at 701 South Tyler Street in Loveland, Colorado. The Property sold for $4,340,000 or $127,647 per unit. This off-market transaction closed on January 10, 2017. 701 South …

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ArchitectureConstructionDesignEngineeringHospitalityIndustrialMultifamilyOfficeRetail

New Report Finds Net Zero Energy is Available for Most Building Types, but Cost & Education Remain Challenges

A new report from Navigant Research analyzes the global market for net zero energy (ZNE) buildings in the residential and commercial sectors, examining major market changes, as well as drivers and barriers, key technology and design trends, and related regulation and outreach programs. As local and global energy issues continue …

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ArchitectureConstructionDesignDevelopmentEngineeringMultifamily

Trulia Study Cites Denver as Only Metro Area Where Homes Near Affordable Housing Had Positive Effect

By: Cheryl Young, Senior Economist at Trulia There Doesn’t Go the Neighborhood: Low-Income Housing Has No Impact on Nearby Home Values In the nation’s 20 least affordable housing markets, low-income housing built during a 10-year span shows no effect on nearby home values. Some of the nation’s least affordable markets are …

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Denver CRE Issues
ArchitectureConstructionDesignDevelopmentEngineeringHealthcareMultifamily

Construction-Defects Reform, Affordable Housing & Transportation Funding Hot Topics at 2017 Business Legislative Preview Breakfast

View here Several commercial real estate industry topics were discussed at the 2017 Business Legislative Preview Breakfast, hosted by Denver Metro Chamber of Commerce, the Colorado Competitive Council and the Denver Business Journal. Democrat and Republican Colorado legislators remain divided on the details to solutions to such issues as construction-defects reform, …

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Pinnacle Real Estate Advisors_2365-w-virginia-ave
BrokerageMultifamily

51-Unit Multifamily Sells $5.6M in Denver

Denver, CO – Pinnacle Real Estate Advisors, LLC sold The Powderhorn Apartment Homes in Denver. This 51-unit multifamily property includes 6 buildings total that were built in 1972. The buildings are located at 2201 – 2395 West Virginia Avenue in one of Denver’s last affordable neighborhoods. The property sold on …

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George Smith Partners_The Vineyards_Colorado Springs
BrokerageMultifamily

300-Unit Class A Multifamily Property in Colorado Springs Receives $41M Financing

Colorado Springs, CO – George Smith Partners arranged $41 million in financing for the acquisition of The Vineyards, a 300-unit Class A apartment community in Colorado Springs, Colorado on behalf of a private real estate investment and development company. The financing, arranged by George Smith Partners’ Principal Jonathan Lee and provided by …

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ArchitectureBrokerageConstructionDesignDevelopmentHealthcareHospitalityIndustrialMultifamilyOfficeRetail

Architect of Record & Listing Brokers now on DBJ Crane Watch

View here The Denver Business Journal recently added supplemental information to their Crane Watch by including the Architect of Record and listing brokers on the map pins for the office, hospitality, multifamily, mixed-use, retail, healthcare, industrial and other types of projects. The featured rendering is the ATRIA, a new Class …

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Pinnacle Real Estate Advisors_2912-s-federal-blvd
BrokerageMultifamily

2912 S Federal Boulevard Sold for $1.8M

Denver, CO – Pinnacle Real Estate Advisors, LLC recently sold 2912 South Federal Boulevard in Denver, Colorado. The 20-unit property sold on December 29th with a contract price of $1,800,000; $90,000 per unit and $161.94 per square foot. The property was constructed in 1973. Josh Newell, Senior Advisor, and Barton …

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ConstructionDevelopmentMultifamily

16-Story Apartment Complex to Break Ground in Golden Triangle

View here South Carolina-based Greystar Real Estate Partners will break ground on a 302-unit, 16-story apartment complex in the Golden Triangle area. With estimated completion in mid-2019, the complex will be home to modern interiors and on-site amenities. Photo courtesy of Greystar Real Estate Partners via The Denver Business Journal

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