Author name: milehighcre

Brikwell Acquires Affordable Housing Community in Eaton CO

JLL Capital Markets has arranged $5.8 million in financing for Benjamin Square, a 60-unit affordable housing community in Eaton, Colorado. JLL represented the borrower, Brikwell, to secure the fixed-rate senior loan through Freddie Mac Multifamily. JLL and Freddie Mac were able to craft a structure that provided the borrower time to renew and extend the Project-Based […]

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Denver-Boulder Ranks in the Top 25 Markets for Life Sciences Talent

Denver-Boulder ranks in the top 25 markets for life sciences talent in all three industry segments measured in CBRE’s annual U.S. Life Sciences Talent Trends report. The market ranked 11th for Research and Development talent while ranking 16th for manufacturing talent and 18th for medtech talent. The report analyzes life sciences employment by subsector, mapping out the top markets

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Is Self Storage the Answer for Overloaded Cities in Colorado?

Self storage has become part of the fabric of our culture, with roughly 140,000 Coloradoans searching for storage space online each month.   Developers have responded to this demand, and across the state, the amount of storage space has seen unprecedented growth over the past decade, reaching more than 36.7 million square feet — equivalent to eight square feet for every person in

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Marketing Agency Signs Lease at Taxi 2 Property in RiNo

Amelie Company, a Denver-based full-service marketing agency, has signed a three-year lease for a 2,036-square-foot office space at Zeppelin Development’s Taxi 2 property, located at 3457 Ringsby Ct, Denver. Jeff Caldwell and Eric Shaw, commercial brokers with Pinnacle Real Estate Advisors, LLC, represented the tenant, Amelie Company in the transaction.  The Taxi Campus is a 28-acre,

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Walker & Dunlop Investment Partners and Ivanhoé Cambridge Increase Multifamily Preferred Equity Partnership to $500M 

Walker & Dunlop Investment Partners (WDIP) announced today that it targets to double the size of its programmatic joint venture with Ivanhoé Cambridge, the global real estate portfolio of CDPQ, to $500 million. The partnership, initially formed in 2021, intends to make preferred equity investments in residential asset classes across the United States.  “We’re excited

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Denver Opens Youth Supportive Housing Project in Five Points

On June 10, Mayor Mike Johnston together with Denver’s Department of Housing Stability (HOST) and partners celebrated the grand opening of Nest56 at Denargo Market, a 56-unit affordable, supportive housing development for youth ages 18 to 24 who are experiencing homelessness or transitioning out of Denver’s foster care system.  Developed by Pennrose with Rivet Development

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2nd & Adams in Cherry Creek Breaks Ground

Magnetic Capital recently held a groundbreaking ceremony for Cherry Creek’s newest office building at 2nd & Adams. The 100,000-square-foot, “hospitality-infused” building is expected to be 70 percent leased when construction begins, including a 30,000-square-foot lease to Bow River Capital. “We’re very excited to announce the start of construction for 2nd & Adams, and provide our tenants with an

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CBRE Facilitates Frost Brown Todd’s First Colorado Office with 11,000 SF Sublease in Denver

CBRE orchestrates an 11,103-square-foot sublease for Frost Brown Todd LLP at 1801 California Street in Denver, marking the debut of the national law firm’s first Colorado office, located on the tower’s 27th floor. CBRE’s Rob Link, Ryan Link, Harrison Archer, Paul Tingley, Kiana Akina and Amelia St. John  represented Frost Brown Todd in the transaction. The sublandlord is Fisher & Phillips, LLP.

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Cresset Real Estate Partners Announces Second Qualified Opportunity Zone Fund Investment

Cresset Real Estate Partners has revealed a new partnership with EMBREY to construct a 395-unit multi-housing complex in Englewood. This development includes a 361-unit mid-rise apartment building and seven townhome buildings, totaling 34 units. This venture represents the latest addition to Cresset’s second Qualified Opportunity Zone fund, known as Cresset Diversified QOZ Fund II (“Fund

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