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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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59-Acre Vacant Parcel Near Denver Federal Center Sells for $30M

Leave a Comment / Construction, Development, Land Sales /

After nearly a decade of on-again, off-again negotiations, a 59-acre piece of vacant land at 6th and Union Blvd in Lakewood, owned by the U.S. General Services Association (GSA), sold this month for $30 million to Lincoln Property Company. The site, which is adjacent to the Denver Federal Center, is the last large infill land

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HNTB Hosts Networking Event for Minority and Women-Owned Enterprises

Leave a Comment / Architecture, Development, Diversity, Engineering, Events /

Stemming from the firm’s commitment to engaging with diverse and underutilized partners HNTB’s Denver office recently hosted a networking event for minority- and women-owned enterprises and disadvantaged businesses. More than 100 people representing 40 local firms attended. HNTB staff facilitated introductions between the firm and various regional transportation agencies, as well as identified synergies between the

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Denver Housing Authority Seeks Proposals to Build Permanent Supportive Housing

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

The Denver Housing Authority (DHA) Delivers for Denver (D3) Bond Program, is a critical partnership with the City of Denver to increase and expedite the supply of permanent supportive housing for households earning very low incomes in our community. DHA has issued a Request for Qualifications (RFQ) for a development partner to build new housing

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MG Properties Acquires Castle Rock Apartments to Further Expansion

Leave a Comment / Brokerage, Finance, Multifamily /

MG Properties, a private San Diego-based real estate investor, owner, and operator, has acquired the Ridge at Castle Rock Apartments. Formerly known as Springs at Castle Rock, MG Properties purchased the property from Continental Properties for $67,150,000. Offering one, two, and three-bedroom apartments and lofts, Ridge at Castle Rock is a 2019 garden-style asset with contemporary

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