Q&A with Matt Harbert, Raise Commercial Real Estate
Expected to grow from $755B to $1047B over the next four years, the space economy is rapidly expanding and showing zero signs of slowing down. With the second largest space economy in the country next to Cape Canaveral, Colorado has experienced a tremendous influx of commercial aerospace companies and startups …
Movers and Shakers Week Ending 01.27.23
Small Giants Names Construction Industry Veteran Tracy Sorano as Managing Director of Denver Office Small Giants, LLC., a growing creative marketing agency with offices in Phoenix and Denver, recently hired national construction firm veteran Tracy Sorano to serve as the managing director of the company’s Denver office. Sorano will lead …
$30M Refinancing Secured for Forbes Five-Star Resort in Telluride
JLL Capital Markets recently arranged a $30 million refinancing for The Madeline Hotel, Auberge Resorts Collection, an 83-key luxury resort with 56 separately-owned condominiums in the popular mountain town of Telluride. JLL worked on behalf of the borrower, Flynn Properties Inc., to secure the five-year, floating-rate loan through Värde Partners. The …
Chicago Investor Acquires 15-Unit Apartment Property in Highly Coveted Denver Neighborhood
815 East Ellsworth Apartments, a 15-unit apartment property near Cherry Creek Mall, has sold to Ninth Square Real Estate Partners, a New York-based real estate investment company whose partners have over three decades of combined experience generating superior returns for their investors with a track record including $1.5 billion of value-add …
Larimer County Jail Moves into New Facility
JE Dunn Construction recently joined the Larimer County Sheriff’s Office and DLR Group to celebrate the completion of phases two and three of the Larimer County Jail Improvement Project. This milestone includes the opening of the new housing tower adding over 150 beds, a new booking space, conference and training areas for the …
“Yes for Parks and Homes” Launches Campaign for April Ballot
Just one day after a supermajority of Denver’s City Council moved the future of the Park Hill Golf Course to a city-wide vote, “Yes for Parks and Homes” has officially launched as the supporting issue campaign. With the Council’s 11-2 decision, the opportunity to help solve Denver’s affordable housing crisis …
Denver is the No.1 Best Large City to Rent a New Apartment
As rentals are a red-hot commodity and many apartment buildings across the U.S. are almost fully occupied, renters have a better chance of finding a new place to call home in newly built rental communities. But where should they look for recently built apartments? To determine the top 50 best …
Mile High Trendy Office: TARRA 9+CO Campus
TARRA, a new flexible office and membership workspace designed to transform the way women connect business, life and community, is located within Continuum Partners’ 9+CO development, a 26-acre urban infill project on the former University of Colorado Health Sciences Center site in Denver. TARRA’s 11,500-square-foot space, which opened in June 2022, delivers a …
Rent Report Shows Substantial Decrease in Q4 Rent in Denver, While Vacancies Increase Overall
This week, the Apartment Association of Metro Denver (AAMD) released its 2022 Fourth Quarter Vacancy & Rent Report for Metro Denver. The average apartment rent went down $32 from the 3rd quarter, which amounts to an extra $384 of savings per year in the pockets of Denver area renters – …
Natural Object Closes on First Acquisition
Natural Object, the Denver-based development firm spearheaded by former Zeppelin Development leadership, has acquired the building at 2839 W. 44th Avenue, a mixed-use property in the Sunnyside neighborhood of Denver. The two-story building was constructed in 1952 and will be renovated and repositioned to include independent retail on the ground floor and creative …