Author name: milehighcre

Groundbreaking: Parker Town Hall Expansion and Renovation Project

JHL Constructors, in collaboration with Anderson Mason Dale Architects (AMD) and representatives from the Town of Parker, officially broke ground on a significant expansion and renovation project for the Town Hall. This project stems from the Facility Master Plan adopted by the Town Council in 2021. JHL President and CEO, Ben Stellor, expressed the company’s enthusiasm stating,

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Elways to Close Amidst Cherry Creek West Redevelopment

After 20 years, ex-Denver Broncos quarterback John Elway and partner Tim Schmidt are closing the doors to their renowned Cherry Creek Steakhouse (2500. E. 1st Ave.) on August 31, 2024. The reason for the restaurant’s closure is due to the redevelopment of Cherry Creek West, which will span from University Blvd. to Clayton Lane and from 1st Ave.

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Aurora Apartment Community to be Rebranded

BMC Investments, a Denver-based, fully-integrated real estate investment company, announced today the acquisition of Advenir Del Arte, a multifamily property in Aurora comprised of 351 units across 17 buildings. This will be one of eleven workforce housing communities currently owned by BMC, and the fifth in Aurora. BMC plans to rebrand the community to The Joliet

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Mile High Transactions Report

CBRE Arranges Sale of 306-Unit Apartment Community in Englewood CBRE has arranged the sale of Bell Cherry Hills, a 306-unit apartment community in Englewood. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented the seller, Bell Partners, in the transaction. Located at 3650 S. Broadway St., the two-building, four-story property was built in 2015 and comprises studio,

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Brinkmann Constructors Completes 2 Denver Projects

Brinkmann Constructors announced the completion of two significant Denver projects: 4228 Kalamath Street Brinkmann Constructors, in partnership with Palisade Partners, recently completed the construction of a 132,000-square-foot multifamily community in Denver. This three-story residential building added 117 units to Denver’s Sunnyside neighborhood, a rapidly growing transit-oriented area. The project also included a 100-stall parking garage

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Movers and Shakers Week Ending 08.09.24

McWhinney Appoints Seasoned Real Estate Investor to Oversee and Expand Commercial and Residential Portfolio McWhinney, a Colorado-based real estate investor and developer in commercial, multifamily, hospitality, residential, and mixed-use assets, announced that Bill Grubbs recently joined the company as chief investment officer. In this role, Grubbs is overseeing McWhinney’s real estate investment portfolio and institutional

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Equity Residential Acquires 978 Apartment Units in Denver

Equity Residential has agreed to acquire 11 apartment properties — including three properties with 978 apartment units in Denver — from Blackstone Real Estate strategies in separate transactions, including Blackstone Real Estate Income Trust, Blackstone Real Estate Partners and Blackstone Property Partners, for approximately $964 million. The transactions, which remain subject to customary closing conditions, are expected to close

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CREW Denver Now Accepting Women of Influence Nominations

The Women of Influence Awards celebration will be held on October 3, 2024 from 4 p.m. to 7 p.m. at the Denver Art Museum.  CREW Denver is now taking nominations for the following award categories:  The CREW Connector Award: The CREW Connector award honors a CREW Denver member who has shown outstanding dedication to supporting member-to-member business, connecting members, and promoting

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Brixton Capital Acquires Parkside at Littleton Village

CBRE has facilitated $25.4 million in acquisition financing for real estate firm Brixton Capital to purchase the 114-unit Parkside at Littleton Village at 300 East Freemont Place in Littleton.   Scott Peterson, Mark McGovern, Brian Cruz and Colby Matzke, with CBRE Capital Markets’ Debt and Structured Finance team in San Diego, secured the five-year, interest-only, non-recourse loan with a national

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Upcoming DU Event to Discuss Downtown Office Market

On September 25, Mayor Mike Johnston will join the University of Denver and an influential group of real estate professionals and thought leaders for a panel discussion examining downtown Denver’s office market. “Almost all major cities throughout the U.S. are faced with increasing vacancy rates in Office Buildings,” says Mark Levine, head of the University

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