CBRE has released its Q2 2024 Denver multifamily and retail reports. According to the report, strong renter demand continues to absorb record multifamily deliveries, while retail availability was compressed further this quarter. Denver Multifamily Figures Q2 2024 Denver Retail Figures Q2 2024
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On July 29, a ribbon-cutting ceremony was held to celebrate the completion of the construction of Ameresco, Inc.‘s multiple Battery Energy Storage Systems (BESS) in collaboration with United Power, Inc., an electric cooperative serving Colorado’s northern Front Range. The event took place at United Power’s Bromley Substation located in Brighton. These battery energy storage systems underscore
JLL Capital Markets announced today a new Denver Industrial Investment Sales and Advisory team, led by Senior Managing Director Peter Merrion and Director Robert Key. This dedicated team will exclusively focus on industrial investment sales and equity placement, aiming to deliver institutional-caliber service to clients in the Denver market. “This strategic move comes as a response to a
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Design Workshop Foundation has received the 2024 American Society of Landscape Architects (ASLA) National Community Service Award. The award recognizes an individual landscape architect, group of landscape architects, landscape architecture firms, landscape architecture education programs, or ASLA Chapters who have provided sustained, pro bono service to the community demonstrating sound principles or values of landscape
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IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, has arranged $52.3 million in financing for the construction of two build-to-rent (BTR) communities. The properties are in Brighton, Colorado and Grand Prairie, Texas. IPA’s Capital Markets team was led by Adam Mengacci, managing director in
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FirstBank recently closed a $21 million loan with Boulder Housing Partners (BHP) to support the Hawthorn Court development. The project broke ground on May 14 and will add 73 units, including 40 one-bedrooms, 27 two-bedrooms, and six three-bedrooms to the City of Boulder. “By funding affordable housing, we’re providing security, consistency and sustainability to countless individuals and
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After working for 61 years, 40 of them at the firm he founded, Brinkmann Constructors Founder and Chairman of the Board Bob Brinkmann is retiring to enjoy farming and travel. “I started working at age 13, delivering prescriptions for 39th Street Pharmacy on my bicycle. I’m ready to spend precious time with my wife, Kim, on our farm
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The American Council of Engineering Companies of Colorado (ACEC Colorado) honored Elizabeth Stolfus, PE, FACEC with the Orley O. Phillips Award, Chris Howes and Katie Wolf with the 2024 President’s Award and Zach Stone, PE with the George Washington Award, during the 2024 Annual Meeting and Honor Awards Luncheon at the Denver Marriott Westminster. The Orley O. Phillips Award is presented annually to
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Kristi Budish Named CHFA’s Director of Community Development Colorado Housing and Finance Authority (CHFA) is pleased to announce the promotion of Kristi Budish to director of community development. Budish has been a member of CHFA’s staff since 2010, most recently serving as manager of commercial operations and underwriting. “Stepping into the role of director of
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Englewood-based engineering and construction program and project management firm LS Gallegos (LSG) has been sold by its founder Lawrence Gallegos to company executives Kelly Angel, president, Melanie Urso, chief operating officer, and Seth Joraanstad, chief financial officer. Gallegos will continue as president emeritus to support the transition and continued growth of the company. “We’re grateful
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