Movers and Shakers Week Ending 05.14.21
JLL Capital Markets Adds Debt Industry Veteran Tony Nargi to its Denver office JLL Capital Markets has added Tony Nargi as a managing director within its multi-housing debt and equity placement team in Denver. Nargi has 15 years of real estate experience and a strong background in originating and managing …
Grand Opening: Aurora YMCA at Wheatlands
On Saturday, May 15, the YMCA of Metro Denver, in partnership with the Wheatlands Park and Recreation Authority and Wheatlands Metropolitan District, will host a ribbon cutting and grand opening ceremony for the Aurora YMCA at Wheatlands, a state-of-the-art wellness center that is the first YMCA of Metro Denver to be built in more …
58-Unit Senior Housing Property in Lakewood Sells for $8.3M
The Homestead at Lakewood, a 58-Unit seniors housing property located in Lakewood, has sold for $8.3 million. Located at 2121 Wadsworth Blvd, the Homestead at Lakewood was constructed in 1999 under the Low Income Housing Tax Credit (LIHTC) program. The property consists of studios, one-bedroom units, and two-bedroom units and …
Castle Rock the No.1 Place to Rent High-End in Colorado
Renters across the U.S. are becoming increasingly interested in apartments that offer a generous amount of living space and great amenities. But as cost is always a make-or-break factor, an important question arises: where exactly can renters find the most bang for their buck in the state of Colorado? According …
Scythian Real Estate Acquires Three Colorado Cannabis Facilities
Scythian Real Estate, a full-service real estate company that specializes in working with sophisticated, well-capitalized cannabis operators, has acquired three Colorado facilities operated by LivWell Enlightened Health, totaling nearly 12,000 square feet. The facilities are located at 19201 E Colfax Ave. in Aurora, 1015 N 2nd St. in Berthoud, and …
United Properties and PCPP Form $165M Joint Venture Platform Partnership
CBRE has arranged a joint venture platform partnership between United Properties and investment manager PCPP on an 11-building industrial portfolio, to scale a development program focused on delivering top-quality industrial product in high growth markets. Phase I of the platform has a pipeline of eleven properties totaling 1,403,341 square feet and …
Lee and Associates Report Examines Effects of Changing Tax Policy on CRE
Lee and Associates Research has just released a new report titled Effects of Changing Tax policy on Commercial Real Estate that examines the Biden administration’s proposal to nearly double the capital gains tax for people who make more than $1 million a year. The plan will tax capital gains at …
Mile High Climber: Sam Ward, Interior Designer at Elsy Studios
Mile High CRE is excited to announce that our first Mile High Climber is Sam Ward, interior designer at Denver-based Elsy Studios. Mile High Climber’s are industry professionals who are new to their field or are in the early years of the profession. They innovate, inspire, collaborate, and take risks. …
Denver Prepares to Welcome Employees Back to the Office
The Downtown Denver Partnership, Gary Community Investments, COVIDCheck Colorado, the City and County of Denver, and RTD are proud to announce Denver’s Ready, ready to welcome employees back to their Denver offices safely and responsibly. The coalition behind Denver’s Ready currently includes more than 135 companies – a number that …
Joint Venture Acquires Broomfield Trophy Office Tower
A joint venture between Ascentris and Cypress Office Properties has acquired Central Park Tower, a 297,262-square-foot, Class AA suburban office tower in Broomfield. The joint venture is planning to renovate the building that will include upgrading and expanding the fitness center, as well as the addition of an outdoor amenity …