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Cherry Creek Apartment Building Sells to California Buyer for $23M

Brokerage, Investment, Multifamily /

One19 Cherry Creek, a 36-unit multifamily community located at 119 S. Harrison St. in Denver’s Cherry Creek neighborhood, has sold to Epp & Sons, Inc., a San Fransisco-based commercial real estate company, for $23.05 million, according to CBRE. The three-story ultra-luxury property is made up of mostly two-bedroom units averaging 1,366 sq. ft. Built in

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Blackstone Completes Privatization of AIR Communities for $10B

Investment, Multifamily /

New York City-based Blackstone has completed its previously announced acquisition of all outstanding common shares of Denver-based AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. The transaction was announced on April 8, 2024. The purchase price represents a premium of 25% to AIR

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Gerson Preston Expands National Footprint with New Denver Office

Advisory, Office /

Gerson, Preston, Klein, Lips, Eisenberg & Gelber, P.A. (Gerson Preston) – a South Florida-based premier accounting and advisory firm offering industry-specific services to clients of all shapes and sizes including the real estate and construction industry – has announced the opening of its new office in Denver. The 2,500-square-foot office, located at the Galleria at Cherry

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Upton Residences Opens Interactive Sales Gallery

Condominium, Construction, Design, Development, Multifamily /

Upton Residences, Denver’s largest for-sale mixed-use condo development since 2009 located at 18th and Glenarm starting in the low $400s, opened the doors to a fully decorated two-bedroom, two-bathroom residence that will serve as the sales center while the development continues construction. The Sales Gallery is located at 1800 Welton Street, which was formerly a

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One of Five Denver Buildings Already Meets 2030 Energize Denver Goals

Construction, Development, Energy, Reports, Sustainability /

The Denver Office of Climate Action, Sustainability and Resiliency has released the findings of its 2023 Office of Climate Action, Sustainability and Resiliency (CASR) annual report. While CASR’s annual reports typically look back at only one year of progress, this year the city decided to look back at its progress since CASR was established in 2020.  

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Service as a Competitive Edge for Luxury Multifamily Communities

Development, Feature, Multifamily, Property Management, Technology /

By Aaron Raybin, founder of AliceHome.  In today’s crowded real estate market, residents of high-end properties expect more than a pool and a gym — they crave an effortless, personalized living experience. Forward-thinking apartment owners, developers, and operators must differentiate themselves to attract and retain residents. Great service and resident experience are critical elements for

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Kindred Celebrates Important Construction Milestone

Architecture, Construction, Development, Events, Hospitality, Retail /

Community leaders and VIPs gathered on June 26 in Keystone’s River Run Village to commemorate the final topping out, an important milestone in the construction of Kindred Resort where everyone signed the last beam of the project before it was placed atop the East Tower, signifying the completion of the exterior structure. The Kindred team

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$107M Mixed-Use Project Set to Revitalize Parker’s Mainstreet

Architecture, Construction, Development, Multifamily, Retail /

Rockefeller Group, a leading U.S. property developer, and Colorado-based multifamily, senior, workforce and affordable housing developer MGL Partners, have formed a joint venture partnership to develop a luxury apartment community in the rapidly growing Denver suburb of Parker. Dubbed The Juniper on Mainstreet, the property is set on 8.1 acres on Mainstreet in the heart of

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Inner City Health Holds Ribbon Cutting Ceremony for Building Expansion

Construction, Development, Healthcare, Renovation /

On June 22, Howell Construction celebrated the successful completion of Inner City Health’s (ICH’s) Phase 1 – Building Expansion project. ICH, located at 3800 York Street, can now serve more than 1,500 new patients, many of whom are among the 265,000 Coloradans currently without healthcare access, and more than 12,000 additional patient visits annually. The

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