Author name: milehighcre

$30M Refinancing Secured for Forbes Five-Star Resort in Telluride

JLL Capital Markets recently arranged a $30 million refinancing for The Madeline Hotel, Auberge Resorts Collection, an 83-key luxury resort with 56 separately-owned condominiums in the popular mountain town of Telluride. JLL worked on behalf of the borrower, Flynn Properties Inc., to secure the five-year, floating-rate loan through Värde Partners. The resort, which was originally built […]

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New York Investor Acquires 15-Unit Apartment Property in Highly Coveted Denver Neighborhood

815 East Ellsworth Apartments, a 15-unit apartment property near Cherry Creek Mall, has sold to Ninth Square Real Estate Partners, a New York-based real estate investment company whose partners have over three decades of combined experience generating superior returns for their investors with a track record including $1.5 billion of value-add property investments and developments. A

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Larimer County Jail Moves into New Facility

JE Dunn Construction recently joined the Larimer County Sheriff’s Office and DLR Group to celebrate the completion of phases two and three of the Larimer County Jail Improvement Project. This milestone includes the opening of the new housing tower adding over 150 beds, a new booking space, conference and training areas for the Sheriff’s Office staff, and a connecting

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“Yes for Parks and Homes” Launches Campaign for April Ballot

 Just one day after a supermajority of Denver’s City Council moved the future of the Park Hill Golf Course to a city-wide vote, “Yes for Parks and Homes” has officially launched as the supporting issue campaign. With the Council’s 11-2 decision, the opportunity to help solve Denver’s affordable housing crisis and create 100 acres of

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Denver is the No.1 Best Large City to Rent a New Apartment

As rentals are a red-hot commodity and many apartment buildings across the U.S. are almost fully occupied, renters have a better chance of finding a new place to call home in newly built rental communities. But where should they look for recently built apartments? To determine the top 50 best cities to rent a new

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Mile High Trendy Office: TARRA 9+CO Campus

TARRA, a new flexible office and membership workspace designed to transform the way women connect business, life and community, is located within Continuum Partners’ 9+CO development, a 26-acre urban infill project on the former University of Colorado Health Sciences Center site in Denver. TARRA’s 11,500-square-foot space, which opened in June 2022, delivers a mix of office and open-plan workspace

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Rent Report Shows Substantial Decrease in Q4 Rent in Denver, While Vacancies Increase Overall

This week, the Apartment Association of Metro Denver (AAMD) released its 2022 Fourth Quarter Vacancy & Rent Report for Metro Denver. The average apartment rent went down $32 from the 3rd quarter, which amounts to an extra $384 of savings per year in the pockets of Denver area renters – at a time when basic

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Natural Object Closes on First Acquisition

Natural Object, the Denver-based development firm spearheaded by former Zeppelin Development leadership, has acquired the building at 2839 W. 44th Avenue, a mixed-use property in the Sunnyside neighborhood of Denver. The two-story building was constructed in 1952 and will be renovated and repositioned to include independent retail on the ground floor and creative office spaces on the second

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The Dinerstein Companies Announces Development Plans for Atlas Longmont

The Dinerstein Companies, a Houston-Based full–service real estate and development company, announced today the plans for its newest Atlas branded property, Atlas Longmont, a 371–unit apartment community located in Longmont. “We are excited to introduce our new Atlas brand under The Dinerstein Companies,” said Josh Vasbinder, West Coast partner at The Dinerstein Companies. “We have a proven track record in Colorado and

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Southeast Aurora Recreation Center and Fieldhouse Celebrates Grand Opening

This week, global design firm Populous, Saunders Construction, and the City of Aurora will celebrate the grand opening of Southeast Aurora’s 77,000-square-foot recreation center and field house at 25400 E Alexander Dr. Construction commenced in February 2021, following an extensive public input process. The $41.9 million center reflects the needs and wants of the community in the

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