Holland Partner Group_Union Denver

Denver’s Multifamily Market Outlook

By Katie Rapone There is certainly no shortage of multifamily development in Denver. In fact, the Mile High City is leading the nation in terms of new construction with 22,000 units under construction, representing a 10 percent expansion of the current inventory — that’s more than twice the national average, according …

Country Club Towers

Country Club Towers II & III Named Denver’s Best Luxury Apartments

DENVER — As Mile High CRE announced earlier this week, as part of our feature on NAIOP’s 2017 Awards of Achievement, the Country Club Towers II & III, a Broe Real Estate Group project, is Denver’s 2017 Multifamily Development of the Year. Located in the heart of Denver, at 1101 E. …


Value-Add Multihousing Asset in Aurora Sells for $31.5M

DENVER — Vista Park Apartment Homes, a 282-unit, value-add asset located in Aurora has sold for $31.5 million, ARA, A Newmark Company’s (ARA Newmark) Vice Chairmen Terrance Hunt and Shane Ozment represented Denver-based Capital Real Estate in the sale to Denver-based BMC Investments, a real estate acquisitions and development company. “We saw a …


NAIOP 2017 Awards of Achievement

DENVER — On Thursday, Feb. 22, the NAIOP Colorado Awards of Achievement was held inside the Seawell Grand Ballroom at the Denver Center of Performing Arts, to recognize significant achievement and accomplishment in 2017. An Olympic theme was the perfect back-drop for the nominees as 2017 was one of the most competitive in years, …


KEPHART Project Denizen Achieves Top Honors for Sustainable Design

DENVER – Denizen, a mixed-use, 275-unit, multifamily project with ground level retail, developed by D4 Urban and designed by KEPHART architects, has been recognized by the National Association of Home Builders’ (NAHB) as one of the most sustainable multifamily communities in the nation. Denizen received top honors in the category of Best Example …


Denver’s Most Famous Block to be Revitalized

By Katie Rapone Pending approval from the city, Denver’s iconic Larimer Square will undergo a major revitalization over the next several years that will include work to preserve the existing infrastructure as well as the addition of two new buildings, to be built in the alleys behind Larimer Square. Jeff Hermanson, in …


Southern Land Company Hires New VP; Acquires 400 Acres in Erie

DENVER — Since opening its Denver regional office last fall, Nashville-based Southern Land Company, a national developer of mixed use developments and master planned communities, has been hard at work expanding its presence with projects in Denver and Boulder. Now the company has acquired 400 acres in Erie, Colorado for a future master planned …


Cherry Creek Property Among Top 50 Apartment Community Sales of 2017

DENVER — A Denver property landed on COMMERCIALCafé’s list of the nation’s priciest apartment communities of 2017.  The report includes both single-property and portfolio sales across the U.S. The luxury 12-story, 218-unit Steele Creek apartments in the exclusive Cherry Creek neighborhood sold for $141.5 million back in October 2017 and landed at #40 on …

Affordable HousingArchitectureConstructionDesignDevelopmentMultifamily

Affordable Lowry Apartments Top Out

DENVER – Pinkard Construction Company held a topping out ceremony last week for the 68,217-square-foot Lowry Apartments, a four-story mixed-income development,  at Lowry’s Boulevard One community. The Lowry project is currently transitioning from the structural phase to the finishes phase, with utilities, foundations, masonry cores, structural steel and structural framing complete. Mechanical, electrical, …


Lafayette Apartment Complex Sells for $60.25M

BOULDER — Luna Bella Apartments, a 240-unit multifamily project in Lafayette, Colorado, has been purchased by Buchanan Street Partners — a California-based real estate investment management firm — from Milestone Development Group, for $60.25 million. The purchase of Luna Bella represents Buchanan Street’s continued investment focus on acquiring high quality multifamily assets in suburban …