Author name: milehighcre

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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Sale of 24-Unit Residential Property in Colorado Springs Announced by Pinnacle

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of Cottonwood Creek Apartments, a 24-unit multifamily property at 1419-1431 Imperial Rd, Colorado Springs, Colorado, for $3,500,000. The transaction was facilitated by Michael Krebsbach, Vice President, and Kenny Clarke, Associate Advisor, who worked with the buyer. “This is an inviting property in a great

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$30.4M Affordable Housing Project in Longmont Completed by MGL Partners & the Longmont Housing Authority

MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer with a mission to build lasting value through the creation of high-quality communities, today celebrated the Grand Opening of the Crisman II Apartments, in partnership with the Longmont Housing Authority (LHA). Located at 680 CO 66 in Longmont, Colorado, Crisman II offers 83 new

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Stroh Professional is Fully Leased

Trevey Commercial Real Estate is proud to announce that Stroh Professional has been successfully 100% leased.Mindful Minds Psychiatry, a current Tenant in the building is expanding into Suite 204-A (576 SF) while we welcome our newest tenant The Veneer Source into Suite 201 (715 SF). Both have signed long-term leases for this prime office building

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16,000-Square-Foot Building in RiNo Acquired by Magnetic Capital and Trinity Investors

Magnetic Capital and Trinity Investors are excited to announce their joint acquisition of a 16,000-square-foot building in RiNo. The building is vacated office space that will be transformed into an “experiential retail” space and become home to a fast-growing national group that will open its first Denver location at the property. “Experiential retail is a

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Major Renovation on Denver’s Crawford Hotel

The Crawford Hotel in downtown Denver is excited to unveil a major refresh, including a luxurious design update to each of its 112 magnificent guest rooms.  Originally opened in 1881, the iconic Denver Union Station reopened to great fanfare in July 2014 after a $54 million renovation that included the creation of The Crawford Hotel, which is named

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Movers and Shakers Week Ending 06.07.24

McWhinney Names Omar Palacios Executive Vice President of Hospitality     McWhinney, a Colorado-based real estate investor and developer in commercial, multifamily, hospitality, residential and mixed-use assets, today announced that Omar Palacios has been named executive vice president of Hospitality. Palacios will oversee all aspects of development, acquisition, transactions, financing, design, construction, and the transition to asset management. Dave

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Denver Health Celebrates Grand Opening of Center for Addiction Medicine (CAM) Academy with Ribbon Cutting Ceremony

Howell Construction announces the successful completion of Denver Health’s CAM Academy renovation project. The newly opened facility will provide training and technical assistance on comprehensive, trauma-responsive substance use disorder treatment for Colorado and its surrounding regions. This initiative was made possible through congressional earmark funds from Colorado and generous philanthropic contributions from local community members.

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Q&A with Marcy Moneypenny, Principal & Managing Director of Avison Young

Marcy Moneypenny has served as principal & managing director for Avison Young’s Denver office since March 2020. With more than 35 years of industry experience, Marcy has a robust track record of operationalizing smart, service-led strategies that drive the operations, business development and future service offerings for the firm. How did you get into CRE?

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Pinnacle Announces Capitol Hill Deal: 16-Unit Loan Assumption

Jim Knowlton, owner/principal at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of Pearl Nines located at 999 Pearl Street in Denver. The turnkey, 16-unit property sold on May 30­th for a Contract Price of $5,040,000 ($315,000/Unit). The property, built in 1961, consisted of (7) 1-bedroom/1-bathroom units and (9) 2-bedroom/1-bath units, with 14 of the

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