Author name: milehighcre

The Crucial Role of Surveying in Real Estate

By Diana Carr, marketing coordinator – R&R Engineers-Surveyors, Inc. Surveying plays a pivotal role in the real estate and construction industry, providing vital data and insights to assist with smooth transactions and effective property management. Whether you are buying, selling, or managing a property, understanding the types and purposes of surveys can significantly impact your […]

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Howell Construction Completes Littleton Public Schools’ District Stadium

Howell Construction, in conjunction with DLH Architecture, recently completed Littleton Public Schools’ District Stadium project located at Littleton High School. The stadium is shared with all LPS schools and is used by Littleton High School for athletics, PE class and band. In addition, numerous youth sports leagues in the community also use the stadium. Howell

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Avison Young Trends Data: Denver Industries with an Increase in Busyness

New data analysis from Avison Young’s Office Busyness Index reveals that as of June 2024, office buildings across the U.S. are 61.9% as busy as they were in June 2019. Creating an index of properties across the country gives an accurate view of office utilization and shows which industries are thriving. “Busyness,” derived from “busy,” refers

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BWE Secures Nearly $50M for Affordable Housing in Denver

BWE, a national commercial and multifamily mortgage banking company, announced today the closing of three financings totaling $47,127,000 to preserve, build, and provide permanent financing for two affordable multifamily housing properties and one manufactured/mobile housing community across Denver. The BWE Denver affordable team, led by Senior Vice President Anthea Martin and Assistant Vice President Spencer

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Denver Records 13th Largest Industrial Inventory Under Construction

CommercialSearch just released its latest mid-year industrial development report. At the close of the first half of 2024, the U.S. had 375.7 million square feet of industrial space under construction. Notably, the amount under construction nationally has dropped by almost 19% compared to the start of the year, when 463 million square feet were under construction, and by 45% compared to January 2023. Using

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NOVEL White Fence Farm Sells to Equity Residential

Equity Residential, a U.S.-based publicly traded real estate investment trust that invests in apartments, has acquired NOVEL White Fence Farm, a newly constructed, 202-unit luxury multifamily community developed by Crescent Communities and located at 6273 W Jewell Avenue in Lakewood at the site of the former White Fence Farm restaurant. A sale price was not

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Groundbreaking: Parker Town Hall Expansion and Renovation Project

JHL Constructors, in collaboration with Anderson Mason Dale Architects (AMD) and representatives from the Town of Parker, officially broke ground on a significant expansion and renovation project for the Town Hall. This project stems from the Facility Master Plan adopted by the Town Council in 2021. JHL President and CEO, Ben Stellor, expressed the company’s enthusiasm stating,

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Elways to Close Amidst Cherry Creek West Redevelopment

After 20 years, ex-Denver Broncos quarterback John Elway and partner Tim Schmidt are closing the doors to their renowned Cherry Creek Steakhouse (2500. E. 1st Ave.) on August 31, 2024. The reason for the restaurant’s closure is due to the redevelopment of Cherry Creek West, which will span from University Blvd. to Clayton Lane and from 1st Ave.

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Aurora Apartment Community to be Rebranded

BMC Investments, a Denver-based, fully-integrated real estate investment company, announced today the acquisition of Advenir Del Arte, a multifamily property in Aurora comprised of 351 units across 17 buildings. This will be one of eleven workforce housing communities currently owned by BMC, and the fifth in Aurora. BMC plans to rebrand the community to The Joliet

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Mile High Transactions Report

CBRE Arranges Sale of 306-Unit Apartment Community in Englewood CBRE has arranged the sale of Bell Cherry Hills, a 306-unit apartment community in Englewood. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented the seller, Bell Partners, in the transaction. Located at 3650 S. Broadway St., the two-building, four-story property was built in 2015 and comprises studio,

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