Author name: milehighcre

Multifamily Firm Delivers Resort-Style Living with Views of Pikes Peak

Cortland, a vertically integrated, multifamily real estate investment, development, and management firm, has announced the opening of the first building in a new phase of Cortland Powers North, which will grow the Colorado Springs apartment community from 272 to 450 units. “We are thrilled to begin welcoming new residents as we continue working to address […]

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ACEC Colorado Installs 2023-24 Board of Directors  

The American Council of Engineering Companies of Colorado (ACEC Colorado) recently installed its 2023-24 Board of Directors, whose terms started May 1. Brant Lahnert, PE (KL&A, Inc. – Golden, Colo.) will serve as president and accepted the gavel from Past President A.Gray Clark, PE (Muller Engineering Company – Lakewood, Colo.) during the ACEC Colorado Annual Conference on May 4.

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Mile High Dine and Recline: Hampton Inn and Suites by Hilton in Greeley

Greenwood Village-based NexGen Properties, a private real estate acquisition, development, and investment firm focused on underperforming assets or debt instruments, recently completed a $3 million renovation of the 74-key Hampton Inn and Suites by Hilton in Greeley, located at 2350 West 29th Street. Originally built in 2006, the 3-story, 48,980-square-foot hotel received a complete makeover including all guestrooms,

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Gaylord Rockies Announces Phase Two of Multi-Year Investment Plan

Just five years after opening, the Gaylord Rockies Resort & Convention Center has announced a major renovation project that will include reimagining three of its restaurants and the Grand Lodge. The resort will also launch a new dining experience and increase the amount of function space with a new event pavilion. Scheduled for completion in 2024, these

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Brand New Airpark North Industrial Project in Loveland Sells for $8.5M

Airpark North, a brand new Class-A industrial project that was just delivered in August in Loveland, has sold for approximately $8.53 million. The vacant 36,000-square-foot freestanding building located at 6987 Rickenbacker Road was acquired by The Colorado Floor Company, an owner/occupier, that will utilize the entire facility for its operations. The seller was the master

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DryBox USA Ground Leases ±4.13 Acres of Industrial Storage Land in Central Denver

Cushman & Wakefield announced that 409 West 66th Avenue, a ±26.7-acre industrial storage yard/trailer site in Central Denver, has completed a long-term ground lease for ±4.13 acres to DryBox USA, a Denver-based shipping and storage container supplier. The property is owned by the joint venture of New York-based IG Logistics LLC, Imperium Capital’s industrial platform, an owner/operator of

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Workforce Housing Community Breaks Ground in the Vail Valley

Following several failed attempts by other developers to produce a feasible plan for attainable workforce housing in the Vail Valley, Peritus Ventures has broken ground on Siena Lake, a nearly 600-unit project comprising detached single-family homes as well as multi-level townhomes. With 25 years of experience designing both single- and multifamily housing for a wide range of income

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Cushman & Wakefield: Five Fast Facts for Office & Industrial Markets in Denver

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels. Here are the Q2 market fast facts for Denver office and industrial: Office The Denver metro office net absorption continues to trend negative with downsizing and tenant move-outs, however, asking rents remain

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Movers and Shakers Week Ending 08.18.23

McWhinney Names New Vice President of Marketing and Communications McWhinney, a national real estate investment, development and management firm with expertise in commercial, multifamily, hospitality, residential and mixed-use assets, has expanded its leadership team by naming Adrienne De Vore vice president of marketing and communications. In her new role, De Vore will lead the marketing and communications team by providing strategic direction and leadership for

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Repurposing Tech Real Estate In Colorado

By Barry DiRaimondo, SteelWave LLC cofounder, CEO & chairman, and Peter Llorente, Steelwave senior managing director of acquisitions and development According to the Computing Technology Industry Association, tech employment in Colorado increased by over 10,000 net new jobs in 2022 and is expected to grow by nearly 9,000 net new tech jobs in 2023 – the highest total nationally. The

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