DevelopmentInvestmentMultifamilyProperty ManagementRent

Renter Wealth Creation Fund to Offer Alternative Pathway to Wealth Building

According to Enterprise Community Partners, affordable Arvada townhome communities Sheridan Ridge Townhomes and Willow Green Townhomes, owned by Archway Communities, are the first investments of a just announced Renter Wealth Creation Fund, the nation’s first innovative investing approach that provides wealth building opportunities for lower and moderate-income renters.   Historically, homeownership …

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EnergyOffice

Spruce Power Announces Relocation of Corporate Headquarters in Denver

Spruce Power Holding Corporation, a leading owner and operator of distributed solar energy assets across the United States, has relocated its Denver headquarters to the Colorado Center at 2000 S. Colorado Blvd. Spruce’s new Denver headquarters expands the Company’s footprint in a key renewable energy market, allowing access to a …

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CharityCommunity InvolvementEngineeringEvents

MTech Raises $100K for Suicide Awareness

MTech Mechanical held its 4th Annual Samborski Memorial Clay Shoot on Saturday, August 26 at Kiowa Creek Sporting Clays. MTech donated a total of $100,000 between the Suicide Prevention Coalition of Colorado & Rocky Mountain Crisis Partners. “The statistics regarding suicide rates within the construction industry are deeply concerning. Within …

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BrokerageHospitality

Mission Hill Hospitality Expands Portfolio with Hotel Acquisition in Breckenridge

Marking Mission Hill Hospitality’s third acquisition in Colorado, the select service and extended stay hotel investor has acquired the 129–key Residence Inn by Marriott in Breckenridge. The terms of the deal are undisclosed. Following the purchases of the Holiday Inn and La Quinta Steamboat Springs in early 2023, its portfolio …

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BrokerageRetail

Three-Asset Retail Portfolio in Littleton Sells for $15M

Greenwood Village-based Hawkeye INVSCO as sold its retail portfolio consisting of three multi-tenant retail centers totaling 101,103 square feet in Littleton. The three properties included Marketplace at Ken Caryl, Columbine Plaza, and Marina Pointe Shopping Center that sold for a combined $15.125 million to an undisclosed investor. Located in close …

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Affordable HousingConstructionDevelopmentMultifamilyOffice

Denver’s Mayor Johnston Proposes $1.47B 2024 Budget

On September 14, Mayor Mike Johnston shared his 2024 budget proposal responding to the community’s need for a city that is affordable, safe, sustainable, and vibrant. The Mayor’s 2024 $1.47 billion general fund budget proposal can be found here and the letter to community can be found here. Mayor Johnston …

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ArchitectureDesignDevelopmentFeatureOffice

Mile High Trendy Office: Delve Headquarters (PHOTOS)

OZ Architecture was recently tasked with creating the new headquarters for Delve, a technology-first digital consultancy company that believes in the power of data and measurement in brand and performance advertising. The new office space is a direct reflection of the brand’s identity and values. Delve has a global presence, …

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DesignDevelopmentHospitalityRenovation

Westin Denver Downtown Debuts Multimillion-Dollar Renovation (PHOTOS)

The Westin Denver Downtown has unveiled a property-wide, multimillion-dollar renovation resulting in a complete transformation of the guest experience. Located in the heart of downtown Denver, the renovation includes refreshed guest rooms, a brand-new lobby space with a green living wall and grand staircase, as well as a new meeting …

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BrokerageData CentersDevelopmentReports

Hyperscale Users and AI Driving Data Center Leasing and Construction Activity in Colorado

Sustained demand from hyperscale users and emerging interest from AI companies is driving growth in Colorado’s data centers sector, according to a new report from CBRE. Metro Denver registered 5.3 megawatts (MW) of net absorption in the first half of 2023, a five-fold increase from the same period a year …

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CRE PeopleMovers and Shakers

Movers and Shakers Week Ending 09.15.23

Sage Hospitality Group Promotes Renee Wriedt to Serve as Area Director of Sales & Marketing Sage Hospitality Group announced that Renee Wriedt is now serving as area director of sales & marketing overseeing The Crawford Hotel, Denver Union Station and The Oxford Hotel. Wriedt spent the last five years as …

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