Chestnut Square Apartments, a 116-unit multifamily property located at 601 Chestnut St in the town of Windsor, approximately 15 miles outside of Fort Collins, has sold for an undisclosed price. The property was acquired by 601 Chestnut, LLC from the Jones Family Trust and plans to reposition the property through an extensive renovation program including unit […]
Denver-based BMC Investments (BMC), a vertically integrated real estate investment firm specializing in the acquisition and development of various property types, completed over $1.6B in transaction volume in 2021, marking it as one of the company’s most successful years to date. Most notably, deals included a recapitalization of one of BMC’s workforce housing communities, Villas at 76th; the refinancing
BMC Investments Sets Sights on Suburban Attainable Housing in 2022 Read More »
Pinnacle Real Estate Advisors, LLC, a full-service commercial real estate brokerage firm, has awarded Josh Newell, principal, this year’s Top Producer award. This marks the tenth time in the past fourteen years that Newell has received Pinnacle’s top overall broker award. Newell also earned the Top Multifamily Broker award. “Josh and the entire Newell Team
Pinnacle Real Estate Advisors Congratulates Top Brokers 2021 Read More »
The RCLCO’s Real Estate Market Sentiment Survey that tracks confidence in U.S. real estate market conditions, took a dramatic dive in mid-2020 due to the speed and intensity of the economic downturn sparked by COVID-19, hitting its lowest level in the history of the series (9.2). Market sentiment spiked to 89.1 in mid-year 2021, as vaccination
Real Estate Industry Sentiment Remains Strong Despite Slight Decline Read More »
Evergreen Devco, Inc., a leading retail and multifamily development company, recently broke ground on a UCHealth medical office building and a pair of multi-tenant retail buildings at the Nine Mile Corner mixed-use project in Erie, Colorado. Waner Construction Co., Inc., is the general contractor for all three buildings and G3 Architecture, Inc. is the architect.
Construction Begins on MOB and Two Retail Buildings at Nine Mile Corner in Erie Read More »
Upon City approval, Denver-based Experience Senior Living Development (ESLD), a NexCore-owned company, will break ground in Q4 of 2022 on a 200-unit seniors housing community within the RidgeGate community in Lone Tree. According to ESL President Phill Barklow, The Reserve at Lone Tree will consist of a nine-story building featuring 124 independent living units and a five-story
First Luxury Senior Housing Development Planned for RidgeGate Community Read More »
Homegrown Tap & Dough will be opening a third location, this time in the Ken Caryl neighborhood, located at 12622 W Ken Caryl Ave, mid-February, marking another strategic expansion for Denver’s Gastamo Group. The new location has the same classic Italian menu and quintessentially Colorado vibe with gondolas for dining as the first two locations,
Homegrown Tap & Dough to Open Third Location in Littleton Read More »
Developer Alpine Investments has received $24.9 million in construction financing for the development of a 119-unit, Class A, mid-rise apartment complex in the south Denver community of Englewood. JLL worked on behalf of Alpine Investments, to secure a $24.9 million30-month, floating-rate, non-recourse construction loan through a national bank, led by Senior Managing Director Leon McBroom
Alpine Investments to Begin Construction of Six-Story Multifamily Project in Englewood Read More »
i2 Hires New Superintendent and Preconstruction Manager i2 Construction, a Denver-based full-service commercial general contractor recently welcomed two new professionals to its team: Rachel Hottor as preconstruction manager, and Ken Fowler as superintendent. Fowler has three decades of experience in the industry, working on historical site remodels, state & federal projects, multifamily, restaurants, T.I., as
Movers and Shakers Week Ending 01.21.22 Read More »
GH Phipps is underway with the renovation of the Denver Central Library. The $40 million, 540,000-square-foot project includes a two-story event space, renovation of the pavilion entrance space, a new children’s library, and six floors of new bathrooms with a state-of-the-art sanitary waste system. The architect for the project is Studiotrope Design Collective. The existing space
Renovation of Denver Central Library Underway Read More »
