Author name: milehighcre

208-Unit Apartment Community in Aurora Fetches $51.5M

Crossroads at City Center, a 208-unit multifamily community in Aurora, has sold to Tahoma Capital Partners for $51.5 million. This is the sixth acquisition for Tahoma Capital Partners.  Phil Nahas and Roy Kim of Tahoma (and through its prior partnership) have acquired over 10,000 units totaling over $2.4 billion in transaction volume. Terrance Hunt, Shane Ozment, Andy […]

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Denver-Boulder Among Top Preforming Life Sciences Markets

More than a half-billion square feet of tenant demand and record levels of venture capital and National Institutes of Health (NIH) funding are positioning Denver-Boulder among the nation’s top-performing life sciences real estate markets, according to a new report from CBRE. Fourteen companies are currently seeking a cumulative 506,000 square feet of lab space across the Denver-Boulder

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New Taco Spot Brings Outlaw Spirit to Golden

Pancho & Jane, a new taco restaurant serving Mexican favorites with a rebellious twist, will open in Golden in May 2024. From the team behind The Eddy Taproom & Hotel – Judge’s Choice winner at Denver’s 2023 Top Taco – Pancho & Jane will serve scratch-made tacos, family-style sides, cocktails, extensive lists of bourbon and

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SMPS Accepting Nominations for Marketing Excellence Awards

SMPS Colorado is greatly anticipating its upcoming Marketing Excellence Awards (MEAs) set to take place on May 16, 2024, at the Downtown Aquarium. This prestigious event is a celebration of outstanding achievements in marketing and communications by professional service firms within the AEC industry, serving as a platform to recognize and commend the dedication, creativity,

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Campaign Launches to Attract Health Innovation Companies to CO

Colorado Hub for Health Impact, a new national economic development campaign elevating Colorado as America’s epicenter for life sciences innovation launches today. The campaign emphasizes Colorado’s leading innovation talent, central location, robust infrastructure, collaborative community, reasonable costs, and unmatched quality of life as key reasons why companies considering relocation or expansion should join the state’s

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StarPoint Properties to Deliver New Speculative Industrial Park

StarPoint Properties, a vertically integrated developer, owner, and manager of real estate across the Western U.S., is nearing completion of Point Central Business Park, a new 157,473-square-foot speculative industrial project on over 9.5 acres in Denver. Commencing construction last summer, the project is scheduled to deliver soon in the second quarter of 2024. Located at

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Avison Young Announces Recapitalization Transaction

Avison Young, a leading global commercial real estate services company, has agreed to a comprehensive deleveraging transaction with its current financial partners that positions Avison Young for the future. Through the transaction, Avison Young has reduced its financial obligations by more than half and has secured additional capital to advance its strategic goals. “This transaction

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Modera Cherry Creek Receives Kingsley Excellence Award

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., has been named as one of the Elite 5 Multifamily Companies by the Kingsley Excellence Awards program for the second consecutive year.  Mill Creek was recognized in the Tier II category (based upon portfolio size) for receiving high satisfaction marks on

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Denver Rents Rebounded in January

According to Realtor.com, rents fell in January for the sixth month in a row, with year-over-year prices down -0.3%, according to the monthly Rental Report. That’s providing some relief for renters, though prices remain higher than pre-pandemic levels amid strong demand and a limited supply of new units in many markets, including Denver. In January,

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CBRE Shares H2 Industrial Figures for Colorado Springs and Northern Colorado

According to CBRE Research, Colorado Springs continues to boast low industrial availability amidst economic uncertainty, while healthy market fundamentals in Northern Colorado persist indicating continued activity. Colorado Springs Industrial Figures H2 2023 Northern Colorado Industrial Figures H2 2023

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