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Trion Properties Grows Colorado Presence with Aurora Multifamily Acquisition

Leave a Comment / Brokerage, Investment, Multifamily /

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has acquired Trailpoint on Highline, a 198-unit multifamily asset in Aurora. Trion purchased the property for a total of $41.1 million or $209k per unit, substantially below other properties sold in the area. “We are

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Completion of Clark’s Market Represents Final Development Milestone at Boulevard One

Leave a Comment / Construction, Development, Retail /

Denver-based project partners and co-developers Confluent Development and Kelmore Development have successfully completed Clark’s Market, the grocer anchor of the 175,000-square-foot Exchange at Boulevard One mixed-use redevelopment, which will serve Denver’s Lowry neighborhood as well as its neighboring communities. The introduction of Clark’s Market’s mountain town brand marks its official entrance into the Denver Metro market and the final property that

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Value-Add Multifamily Community in Pueblo Sells for $3.6M

Leave a Comment / Brokerage, Investment, Multifamily /

Belmont Heights Apartments, a 36-unit multifamily community in Pueblo, has sold to Anchor Belmont LLC for $3.6 million, or $100,000 per unit. Cushman & Wakefield’s Multifamily Investment Services team in Colorado Springs represented both the buyer and the seller,  Belmont Heights Apartments LLC, in the transaction. The team’s Lee Wagner and Jeff Dimmen represented the seller,

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Movers and Shakers Week Ending 08.04.23

Leave a Comment / Movers and Shakers /

St. John Properties, Inc. Selects Allen Rutherford as Director of Construction  St. John Properties, Inc., a commercial real estate development and management company active in 11 states, and with a national portfolio valued at more than $5 billion, has selected Allen Rutherford as director of construction in the firm’s Colorado regional office. Formerly Senior Project

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81-Unit Affordable Apartment Community Breaks Ground in Aurora

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

Grovewood Community Development, a mission-driven affordable housing partner in south Metro Denver, officially broke ground today on Sapling Grove Apartments, a four-story, 81-unit, mixed-income affordable apartment community located at 10151 East Jewell Ave in Aurora. The energy-efficient development — designed by Santulan Architecture and built by BC Builders — will establish an enhanced foundation for residents to access health and

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Studio K2 Architecture Attains Women-Owned Business Certification from the City and County of Denver

Leave a Comment / Architecture, Awards, Development /

Studio K2 Architecture (SK2) has attained several certifications from the city and county of Denver’s Division of Small Business Opportunity (DSBO). Those certifications include women business enterprise (WBE), along with small and disadvantaged business certifications (SBE/DBE), all of which are included under the Colorado Unified Certificationprogram. Geneva Kowalski, NCARB, who originally joined the firm in 2012, became principal

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CHFA Welcomes Three New Members to its Board of Directors

Leave a Comment / Affordable Housing, CRE People, Development /

Colorado Housing and Finance Authority (CHFA) has announced that Governor Jared Polis has appointed Albus Brooks, Jason Peasley, and Santhosh Ramdoss to its board of directors. CHFA’s 11-member board serves as the governing body of theorganization and establishes policies to further its mission of affordable housing and community development. Albus Brooks, Milender White Albus Brooks is

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Q&A with LS Group Partner and Principal Sarah Erickson, IALD Professional

Leave a Comment / CRE People, Design, Development, Feature, Q&A /

Founded in 2008 in the Roaring Fork Valley, LS Group is an established lighting design firm with expertise that spans project types, scales, and geographies. The firm is proud to be a certified women-owned business. Sarah Erickson, principal/partner, IALD professional, has a demonstrated history of working in the architecture and planning industry, specializing in lighting and lighting

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Space Command HQ will Remain in Colorado Springs

Leave a Comment / Development /

Space Command headquarters will remain in Colorado Springs after two years of conflict over the potential relocation to Huntsville, AL. The decision preserves the nearly 1,400 Colorado jobs and annual economic impact of $1 billion reliant on Space Command’s HQ in Colorado Springs. “The decision to keep Space Command in Colorado is in the best

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Pinnacle Closes Two Multifamily Sales in Metro Denver

Leave a Comment / Brokerage, Multifamily /

Pinnacle Real Estate Advisors, LLC announced the sale of two apartment communities in July. Chris Knowlton, vice president, Mark Knowlton, advisor, and Jim Knowlton, owner/principal, with the Knowlton Lawson Team at Pinnacle, announced the sale of the Virginia Marie Apartments at 600 S Logan Street in Denver. The 12-unit property sold on July 7 for a

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