The RMR Group has acquired The Ridge at Lowry, a 240-unit garden-style apartment community located at 10000 E. Alameda Avenue in Denver, for $70 million. The property will be rebranded as ARIUM at Lowry under RMR’s consumer-focused brand, ARIUM, and will undergo extensive interior and exterior renovations. RMR has a nationwide residential investment and operating
The RMR Group Acquires Denver Multifamily Property Read More »
DPC Companies (DPC), a privately held, well-capitalized real estate firm specializing in acquiring and developing commercial property in Colorado, Arizona and the Rocky Mountain Region, has announced the acquisition of Atrium Plaza. Located at 5675 DTC Blvd, the building was acquired at $5,030,000 and will serve as the new headquarters for DPC Companies. “In spite of a
DPC Companies Acquires DTC Office Building, Atrium Plaza Read More »
Salas O’Brien, an employee-owned engineering and technical services firm, has been recognized by the Cold-Formed Steel Engineers Institute (CFSEI) with two honorable mentions at its Design Excellence Awards for the cold-formed steel (CFS) designs of the Colorado Convention Center Expansion and Denver International Airport (DIA) Concourse B & C Expansions. Salas O’Brien received the awards during CFSEI’s annual expo and conference
Salas O’Brien Recognized for Excellence in Cold-Formed Steel Design Read More »
Highside Companies, a Colorado-based real estate company, has collaborated with Choice Hotels International, Inc. to open the Cambria Hotel Denver Downtown RiNo. “We’re excited to open our first hotel within our hometown,” said Justin Roberts, chief executive officer of Highside Companies. “We’re proud that our ongoing collaborations with Choice Hotels have added another great property to the Cambria Hotels
New RiNo Hotel Marks Local Real Estate Company’s First within its Hometown Read More »
Newmark Strengthens U.S. Capital Markets Presence in the Rocky Mountain Region with Strategic Hire Tim Richey Newmark has hired Tim Richey as executive vice chairman, Capital Markets, to focus on office and multifamily sales throughout Colorado and the surrounding region. Richey, one of the most respected and prolific institutional office capital markets brokers in the Rocky Mountain Region,
Movers and Shakers Week Ending 08.02.24 Read More »
According to a national report from Wells Fargo Economics, construction spending continues to lose momentum as high interest rates weigh on activity. Total construction spending dropped 0.3% during June, with declines registered in both the residential and nonresidential categories. Overall construction outlays were still up 6.2% on a year-to-year basis, however, June marked the second straight
Elevated Interest Rates Weigh on Residential and Nonresidential Outlays Read More »
CBRE has been appointed the exclusive sales agent by Progressive for a 1.8 million-square-foot, five-site office portfolio located across Colorado, Ohio and Florida. A portion of the assets in Colorado and Florida are being offered as sale leasebacks by Progressive, who will fully occupy those buildings. CBRE’s Kevin Yates and Jamie Dunford will market the portfolio on behalf of
CBRE Appointed Exclusive Sales Agent for Five Progressive Properties Read More »
South Platte Crossing, an important affordable housing project, celebrated a significant milestone today with a Topping Out ceremony. Over 100 guests, including subcontractors, key project partners, and members of Alliance Construction Solutions, gathered to honor the hard work and dedication of the teams whose efforts have been pivotal in bringing this project closer to fruition.
Affordable Housing Project South Platte Crossing Tops Out Read More »
Historic Denver and Colorado Preservation, Inc., have announced their strong support for retaining and reusing Denver’s historic Zuni Steam Plant at 13th and Zuni Street. Xcel Energy has written to the City and County of Denver offering it the first right of refusal to take ownership of the property. Xcel writes: “Should the City and County
Historic Denver Champions Reuse of Zuni Steam Plant Read More »
The Kimpton Claret Hotel at Belleview Station, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, opened its doors earlier this month to delighted hotel guests and Denver foodies. Not just a place to stay, the hotel’s two new culinary concepts — Saverina and Halo Rooftop Bar led by beloved Denver Chef Christian Graves
Mile High Dine and Recline: Kimpton Claret Hotel Read More »
