Author name: milehighcre

Colorado CGR Fund to Receive $65M in New Markets Tax Credits

The United States Department of the Treasury has allocated $65 million in New Markets Tax Credits (NMTCs) to the Colorado Growth and Revitalization (CGR) Fund. Colorado Housing and Finance Authority (CHFA) administers NMTCs through the CGR Fund, a community development entity that operates in partnership with the City and County of Denver, and for which […]

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Altus Group Shares Q3 Real Estate Industry Conditions & Sentiment Survey

Altus Group, a leading provider of asset and fund intelligence for commercial real estate, just released the results of its Q3 CRE Industry Conditions & Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations. The top takeaway from the Q3 results would be the CRE environment is still seen as

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Koelbel and Company Announces Passing of Beloved Patriarch Buz Koelbel

Walter A. “Buz” Koelbel, Jr. passed away peacefully in the company of his family on September 19 from blood cancer at the age of 72. Buz (also known as Buzzy in his early years) was the beloved patriarch of the extensive Koelbel family and longtime president of Koelbel and Company, a family-owned real estate development business with over 70 years

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Q&A with Charlie Smith, Attorney and Shareholder at Polsinelli

There is no denying that Colorado is in the midst of a housing affordability crisis. Mile High CRE sat down with Charlie Smith, a real estate attorney and shareholder at Polsinelli law firm in Denver, to discuss what has contributed to the crisis and its impact on Colorado. The housing affordability crisis is clearly hurting

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Denver in Top 15 for Starting a Small Business in 2024

Opening a small business can be a challenge, and choosing the right city can make the difference between success and failure for even the most promising of ventures. To ensure that entrepreneurs identify the best cities for their future business endeavors, CoworkingCafe ranked the top 20 best places for small businesses, by analyzing 136 cities across

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Cherry Creek West Rezoning Gets the Green Light

On Monday, Sept.23, the Denver City Council unanimously approved the rezoning application for Cherry Creek West, giving East West Partners‘ 13-acre mixed-use redevelopment project the green light to move forward. “We are incredibly excited to bring a community to Cherry Creek that completes the neighborhood and creates a true connection to the Creek,” said Amy Cara, managing

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FOMC Votes to Lower the Fed Funds Rate by 50 Basis Points

On Wednesday, September 18, 2024, the Federal Open Market Committee (FOMC) — the body charged with deciding on and implementing monetary policy — voted to lower the federal funds rate by 50 basis points (bps) to a target range of 4.75% to 5%. According to Cushman & Wakefield’s analysis, the 50-bps magnitude cut was in

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Laramar Group to Renovate 135-Unit Multifamily Community in Centennial

Laramar Group, a leading national real estate investment company with corporate offices in Denver and Chicago, has acquired Southglenn Place, a 135-unit multifamily community in Centennial.  The 1970 vintage property at 6541 S. Vine St. is located in an affluent and supply-constrained area where there is limited new development in the pipeline or planning stages.

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Doors Open Denver Kicks Off September 26

Denver Architecture Foundation will host Doors Open Denver this September 26 to 29 with a series of programming around the theme of “Denver Through Time,” highlighting historic and future architectural projects and celebrating the city’s built environment with walking tours, open sites, and special events. The annual Doors Open Denver, first launched in 2005 and reimagined this year under the leadership of newly appointed CEO Meg Touborg,

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Luxury Multifamily Community Coming to Colorado Springs

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, will develop Switch, a 276-unit Class A multifamily community, within Colorado Springs’ Polaris Pointe development. The company will begin construction this month with first resident move-ins targeted for fall 2025. “Colorado Springs consistently ranks among the best places to live in the

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