Author name: milehighcre

How Real Estate Agents Can Flourish in Today’s AI-Flooded Market

By Curtis Williams AI is changing everything — a statement that comes as little surprise to anyone these days, and least of all to the many real estate agents whose markets are being saturated by artificial intelligence (AI)-empowered buyers. With the advent of proptech services entering the real estate industry, buyers are becoming more thoroughly […]

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Governor Polis Takes Action to Help Address Colorado’s Housing Challenges

Colorado’s housing supply has not kept pace with population growth. The state has current unmet housing needs of tens of thousands of units and will continue to grow — it is estimated the state will add 1.72 million people by 2050. Nearly one-third of Colorado households spend more than 30 percent of their income on

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Lightwave Logic Expands its Colorado Operations

Lightwave Logic, Inc. a technology platform company, announced the completion of new laboratory production facilities, expanding the corporate facility at 369 Inverness Pkwy, in Englewood by nearly 10,000 square feet for a total of approximately 23,500 square feet to support new commercial activity. According to the Computing Technology Industry Association, Colorado’s tech industry has an economic impact of $52.6 billion, or 12.2% of

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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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