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Avison Young Announces Recapitalization Transaction

Leave a Comment / Brokerage, Finance /

Avison Young, a leading global commercial real estate services company, has agreed to a comprehensive deleveraging transaction with its current financial partners that positions Avison Young for the future. Through the transaction, Avison Young has reduced its financial obligations by more than half and has secured additional capital to advance its strategic goals. “This transaction

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Modera Cherry Creek Receives Kingsley Excellence Award

Leave a Comment / Awards, Development, Multifamily /

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., has been named as one of the Elite 5 Multifamily Companies by the Kingsley Excellence Awards program for the second consecutive year.  Mill Creek was recognized in the Tier II category (based upon portfolio size) for receiving high satisfaction marks on

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Denver Rents Rebounded in January

Leave a Comment / Development, Multifamily, Rent, Reports /

According to Realtor.com, rents fell in January for the sixth month in a row, with year-over-year prices down -0.3%, according to the monthly Rental Report. That’s providing some relief for renters, though prices remain higher than pre-pandemic levels amid strong demand and a limited supply of new units in many markets, including Denver. In January,

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CBRE Shares H2 Industrial Figures for Colorado Springs and Northern Colorado

Leave a Comment / Development, Industrial, Reports /

According to CBRE Research, Colorado Springs continues to boast low industrial availability amidst economic uncertainty, while healthy market fundamentals in Northern Colorado persist indicating continued activity. Colorado Springs Industrial Figures H2 2023 Northern Colorado Industrial Figures H2 2023

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Boyd Lake Commerce Center Welcomes First Tenant

Leave a Comment / Brokerage, Construction, Development, Industrial /

Boyd Lake Commerce Center (BLCC), Building One, a brand new 100,017-square-foot Class A industrial and distribution building constructed on a speculative basis in Loveland has signed its first tenant, LaForce, LLC. Established in 1954, LaForce is a leading distributor of commercial door-opening products, services, and security solutions in the United States. LaForce agreed to a

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United Opens New Flight Training Facility

Leave a Comment / Construction, Design, Development, Investment /

On February 22, United Airlines opened its new, 150,000-square-foot building at its Flight Training Center in Denver. Already the largest facility of its kind in the world, the additional building gives the airline the capability to add 12 more advanced full-motion flight simulators to the facility, six of which have already been delivered. United’s Flight Training

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Brixton Capital Acquires Lakewood Townhomes for $124M

Leave a Comment / Brokerage, Investment, Renovation, townhomes /

Brixton Capital, a privately held real estate California-based investment company, has acquired The Windsor, a 352-unit, two-story townhome and apartment community in Lakewood. Brixton purchased The Windsor from Boston, Massachusetts-based TA Realty for $124.25 million. The property will be rebranded as Brixton Townhomes at Bear Creek, accompanied by comprehensive renovations to unit interiors and enhancements to

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Movers and Shakers Week Ending 02.23.24

Leave a Comment / Movers and Shakers /

Small Giants Adds Marketing and Business Development Manager Jaime Clark to Team Small Giants, LLC., a growing, full-service creative marketing agency with offices in Phoenix and Denver, recently added industry veteran Jaime Clark as marketing and business development manager. Clark, who is a Colorado native, will work out of Small Giants’ Denver office. “We’re delighted to

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Two New Affordable Housing Projects Honor African American Legacies

Leave a Comment / Affordable Housing, Construction, Development, Diversity, Multifamily /

Elevation Community Land Trust (ECLT) and partners have proudly announced the unveiling of two transformative developments this month, The Burrell and BirdWhistle, both named after prominent Colorado African American figures. These developments not only offer affordable homeownership opportunities but also pay homage to individuals who overcame historical barriers to housing and contributed significantly to their

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CBRE Names New Colorado Market Leader

Leave a Comment / Brokerage, CRE People, Development, Finance /

Jessica Ostermick has been named CBRE’s new Colorado market leader. In this role, Ostermick is responsible for overseeing all Advisory Services lines of business in the state, including leasing, sales, debt and structured finance, valuation, and property management. She will lead CBRE’s five Colorado offices in downtown Denver, the Denver Tech Center, Boulder, Colorado Springs and

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