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construction financing

New Affordable Housing Project in Aurora Secures Construction Financing

Leave a Comment / Affordable Housing, Brokerage, Construction, Development, Finance, Multifamily /

Bellwether Enterprise Real Estate Capital LLC (BWE), a national commercial and multifamily mortgage banking company, recently closed on $43,135,000 in construction financing for 15 Sable Apartments, an affordable housing community in Aurora. Anthea Martin, senior vice president in BWE’s Denver office, originated the loan through a private placement on behalf of the borrowers, DBG Properties […]

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permits

Colorado Ranks Eighth for Highest Total Number of Permits Issued in 2022

3 Comments / Construction, Development, Multifamily, Reports /

The most recent banking troubles, rising inflation, and prohibitive mortgage rates are some of the issues affecting the housing market at the moment. And the latest data supports the fact that the market is losing momentum: While the number of completed units has increased every year since 2012, permits and housing starts are dropping nationwide. Colorado

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Colorado Preservation

Colorado Preservation to Honor Terry Knight and Six Others at Dana Crawford Awards

Leave a Comment / Architecture, Awards, Design, Development /

Colorado Preservation, Inc.’s 33rd annual Dana Crawford and State Honor Awards Celebration will be held on Monday, May 22, 2023 at the Denver Botanical Gardens in the Freyer-Newman Center. Through these awards, Colorado Preservation, Inc. (CPI) recognizes the accomplishments of individuals and projects exhibiting excellence in the areas of preservation, rehabilitation, advocacy, philanthropy and leadership.

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Extended-stay hotel

Extended-Stay Hotel in Colorado Springs Sells to Singapore-Based Company

Leave a Comment / Brokerage, Development, Hospitality, Property Management /

Chartwell Hospitality has sold its Home2 Suites by Hilton property located in Colorado Springs to ARA US Hospitality Trust, a Singapore-based select service hospitality trust. ARA acquired the extended-stay hotel with 119 rooms for $29.0 million. “Home2 Suites Colorado Springs, Colorado is a great property. We commenced operations at the end of October 2019 and

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Rocky Mountain Real Estate Challenge

NAIOP Presents 21st Annual Rocky Mountain Real Estate Challenge

Leave a Comment / Affordable Housing, Construction, Design, Development, Events /

Next week, on the evening of April 27, MBA student teams from the University of Colorado and the University of Denver will compete in the 21st Annual Rocky Mountain Real Estate Challenge presented by Land Title Guarantee Company — a real-world, development competition sponsored by the U.S. Forest Service and Impact Finance Center (IFC), and featuring the

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Denver in Top 10 for Green Coworking Spaces (CoworkingCafe Report)

Leave a Comment / Development, Energy, Office, Reports /

Paying attention to environmental issues and sustainability is becoming increasingly crucial across all industries. In the commercial real estate sector, that means adapting architecture, design and amenities in a way that is meant to decrease carbon footprint and pave the way toward a healthier environment. With this in mind — and with the celebration of

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embassy suites by Hilton

Mile High Dine and Recline: Embassy Suites by Hilton Boulder

Leave a Comment / Architecture, Design, Development, Dine & Recline Features, Feature, Hospitality /

By Katie Rapone, editor Defined by Boulder’s culture of connection with the outdoors, the Embassy Suites by Hilton Boulder embodies the best of what the city has to offer. The 204 all-suite guest room hotel was built from the ground up in 2017, as part of a mixed-use master development that also includes the Hilton

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Denver Rent Report Shows Stabilized Vacancy and Rental Rates

Leave a Comment / Multifamily, Rent, Reports /

This week, the Apartment Association of Metro Denver (AAMD) released the 2023 First Quarter Vacancy & Rent Report for Metro Denver. The average vacancies and apartment rents remained very flat for the first quarter of 2023. Vacancies remained at 5.6%, the exact same as last quarter. Rents increased less than 0.5 percent – only $8

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Narrate Companies Breaks Ground on Boutique Apartment Community in Denver

1 Comment / Architecture, Construction, Design, Development, Multifamily /

Narrate Companies and MCP Group broke ground recently on Frameline, a new 78-unit high-efficiency boutique apartment community at 4225 E Hale Parkway. Designed by OZ Architecture, the new community is nestled between the historic Hale neighborhood and the vibrant 9+CO redevelopment. Frameline achieves practicality with modern design tailored to meet growing demand from the area’s

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