ArchitectureDesignDevelopmentMultifamilyRetail

First Residential Building Opens at 9th and Colorado Project  

DENVER — Residents have begun moving into the Theo Apartments, the first market rate residential building at 9th & Colorado, a 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver.  The brand new nine-story apartment building by developer 9th Avenue (Denver) Land, LLC — a joint venture …

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BrokerageMultifamily

Chicago-based Investment Company Purchases Value-add Multifamily Property in Glendale

DENVER –  A 132-unit multifamily community called The Helix, located at 1017 South Birch Street in southeast Denver’s Glendale neighborhood, has sold for an undisclosed amount. The sale attracted a lot of investor interest as a value-add opportunity and it’s prime location in urban Glendale/Cherry Creek area. CBRE’s Dan Woodward, David Potarf, Matt Barnett and Jake …

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BrokerageMultifamily

Unique Properties Announces Three Metro Denver Transactions

DENVER— Unique Properties, Inc., recently announced the following metro Denver CRE sales: 1301 North Santa Fe Drive, Denver, sold for $1,650,000. The 3,303-square-foot, colorful building was marketed as a land development opportunity and sits on 12,000 square feet of prime Denver land. The C-MX-8 zoning, plus the UO-1 & UO-2 overlays, permit a multitude …

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BrokerageDevelopmentMultifamilyRetail

Land on Broadway Sells for $12M

DENVER— 99 South Broadway, a 2.36-acre land site on the northwest corner of Bayaud Avenue and Broadway in the Baker neighborhood has sold for $12M. Vancouver, Washington-based Holland Partner Group will build a 238-unit apartment community on the land that will be the first Class A residential project to be built on that …

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ArchitectureDesignDevelopmentEducationMultifamilyTransit

Studio PBA Finalize Preliminary Design of TOD in Aurora

AURORA — Situated directly adjacent to RTD’s R Line, which runs along the I225 corridor in Aurora, Studio PBA’s Alta Fitzsimons is a transit-oriented development poised to serve as a catalyst for development in the surrounding neighborhood. The site, formerly home to a storage facility, is located within walking distance of the Fitzsimons …

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Multifamily

Rent for High-end Buildings in Denver Increases

DENVER — A recent RentCafé study shows that the number of high-end rentals increased significantly in cities across the country. The nationwide apartment search website looked at average rent prices for high-end apartments, across 30 largest US cities. The national average rent in a high-end building is around $1,640 per month. Key …

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BrokerageMultifamily

Value-Add Multifamily Property in Broomfield Sells for $50M

DENVER – Willow Run Village multifamily community located at 12621 Zuni Street in Broomfield has sold for $50 million. According to CBRE specialist, continued investor interest in value-add multifamily opportunities is driving competition for available properties and strong pricing. CBRE’s Dan Woodward, David Potarf and Matt Barnett represented the seller, Griffis/Blessing of Colorado …

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InvestmentMultifamily

New York-based Investment Firm Acquires Fourth Denver Metro Property within 16 Months

LAKEWOOD — New York-based Castle Lanterra Properties (CLP) continues to expand its multifamily portfolio in the Denver metro area with the acquisition of its fourth property within the last 16 months. The firm recently purchased the 201-unit property, The Ranch at Bear Creek, bringing its total unit count to more than 1,100. …

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ConstructionDevelopmentEducationMultifamilyRetail

Parker’s Hess Ranch Development, Begins with $41M Sale

DENVER – The development of Parker’s first large-scale, fully integrated master-planned community has begun with the $41 million sale of Hess Ranch. Stroh Ranch Development sold Hess Ranch to JEN Colorado, an affiliate of New York-based JEN Partners. Stew Mosko of Cushman & Wakefield represented Stroh Ranch Development in selling the 1,133-acre parcel …

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ArchitectureAwardsMultifamily

Denver-based Architect Joins Professional Builder’s 40 Under 40

DENVER — Denver-based architect Paul Brady, principal at Award Winning Godden|Sudik Architects has been named one of SGC Horizon’s Professional Builder magazine’s 40 Under 40 superstars in the home building industry. Professional Builder editors chose the winners from more than 150 nominations this year, illustrating the depth of talent among this …

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