RTD Board of Directors will vote today on a resolution that would turn some empty Park-N-Ride parking lots into affordable housing. The proposal comes in response to a recent RTD study on parking utilization in the metro area that suggests that developers are building more parking than they actually need. RTD’s analysis of peak parking demand […]
RTD Vote to Turn Underutilized Parking Lots into Affordable Housing Read More »
Abel Design Group recently designed the Denver HQ for PointsBet, a premier global sportsbook operator based in Australia. The new headquarters, which offers views of Coors Field, will serve as the company’s western base of U.S. operations, maintaining a focus on product innovation, development, and technology recruitment. “Designing the PointsBet Headquarters provided a unique opportunity for
Abel Design Group Completes Sports-Themed HQ in LoDo Read More »
With e-commerce at an all-time high, the pandemic has proved to be a beneficial time for the Denver industrial sector. According to Newmark Q4 2020 Denver Industrial Market Report, annual net absorption totaled 2.3 million square feet, the highest of any asset class in Denver. And, moving into 2021, development is not projected to slow down. Several large distribution centers
Denver Industrial Development Moves Full Steam Ahead Read More »
Three net-leased retail properties located in metro Denver, Colorado Springs and Pueblo, recently sold for a combined $13.68 million. Brad Lyons, Matthew Henrichs and Parker Brown with CBRE’s National Retail Partners group in Denver represented the seller on each transaction. “The market for high-quality, net-lease investment opportunities across the Colorado Front Range is increasingly competitive given
Three Retail Properties in Colorado Sell for Combined $13.68M Read More »
Boulder-based Tepuy Properties, a real estate syndicator and property management company, has purchased 1 Park St. in Broomfield, a 26,400-square-foot single-story industrial building, for $1.75 million. Located just off Highway 36 and the Interlocken Loop, the property has suffered significant hail, fire and water damage, as well as other neglect. “I’ve been looking for a while for a building
Neglected Industrial Building in Broomfield to be Renovated Read More »
Westcore Properties, a San Diego-based real estate investment firm, has purchased a four-property industrial portfolio in the Western United States, including a distribution facility in Englewood, Colorado. The properties total 704,065 square feet and are located in prime distribution corridors across the western United States. The assets are located at 14101 E. Otero Avenue in Englewood,
Englewood Industrial Property Sells as Part of Portfolio Sale Read More »
Marcus & Millichap Appoints Regional Manager in Denver Marcus & Millichap announced that Adam Lewis has been appointed as regional manager of the firm’s Denver office. Prior to this appointment, Lewis served as regional manager Marcus & Millichap’s Portland office. He joined the firm in 2008 as an agent in the Salt Lake City office specializing
Movers and Shakers Week Ending 02.19.21 Read More »
Colorado-based, affordable housing nonprofit Rocky Mountain Communities (RMC) that owns and manages affordable housing communities across the state, is positioning itself for growth by filling two new executive roles. Mark Marshall has been named the vice president of real estate and Denise Gomez has been named director of development, equity and engagement for the organization.
Affordable Housing Nonprofit Rocky Mountain Communities Poised for Growth Read More »
Fortius Capital, a real estate private equity, services and development company, recently secured funding for the development of a 28-acre light industrial subdivision and commerce park directly across from the Eagle County Regional Airport in Gypsum, Colorado. Rocky Mountain Commerce Park (“RMCP”) is subdivided into 13 lots ranging from one to twelve acres, and serves
Rocky Mountain Commerce Park in Eagle County to Break Ground this Spring Read More »
Bellwether Enterprise (BWE) — a national, full-service commercial and multifamily banking company that provides flexible, competitive market rate and affordable financing solutions — recently implemented the Clik.ai AutoUW software system across its servicing and origination teams, in order to make its underwriting and financial review processes more efficient, while maintaining the quality and consistency of deliverables.
New Case Study Details Success of CRE Underwriting Automation Read More »
