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Denver Funds Land Acquisition for 190 Affordable Apartments

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

More affordable housing is on the horizon for Denver’s La Alma-Lincoln Park neighborhood thanks to development financing provided by the Department of Housing Stability (HOST). Denver City Council today approved a $5,557,500 agreement with Shanahan Development, LLC, utilizing American Rescue Plan Act (ARPA) funds to help support the acquisition of a 1.5-acre site at 1530

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Two Newly-Renovated Multifamily Properties in Colorado Springs Sell for $74.1M

Leave a Comment / Brokerage, Multifamily, Renovation /

Two newly-renovated multifamily communities, Park at Penrose and Park at Palmer, in Colorado Springs, have sold for a combined $74.1 million. Park at Penrose with 374 units, and Park at Palmer with 112 units, are located at 3802 and 3903 Half Turn Road, situated along N. Academy Boulevard near Austin Bluffs Parkway. These adjacent properties,

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Atwell Suites Denver Airport Sells for $18.8M

Leave a Comment / Brokerage, Development, Hospitality /

JC Hospitality LLC, a California investment group, has acquired the Atwell Suites located between 64th and 65th Avenue, just west of Tower Road in Denver. The all-suites contemporary concept hotel was constructed in 2022 and has 96 units. The property was sold on March 14 for $18.8 million, which equates to $195,833 per unit. Madison Commercial Properties, LLC previously

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Cushman & Wakefield Awarded Office Leasing Assignment for Cherry Creek West

Leave a Comment / Brokerage, Development, Office /

Denver-based real estate and community developer East West Partners announced today that it has selected Cushman & Wakefield as the office leasing broker for Cherry Creek West, the mixed-use redevelopment on the 13 acres of land adjacent to Cherry Creek Shopping Center. The Cushman & Wakefield team of Nicholas Pavlakovich, Matthew Gautreau and Michael Pavlakovich will lead the office leasing

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New Classroom Breaks Ground at Colorado School of Mines

Leave a Comment / Architecture, Construction, Development, Education /

On March 2, GH Phipps and the Colorado School of Mines celebrated the groundbreaking of a new classroom building and parking garage. The $65 million project, designed by OZ Architecture, will include a four-story, 50,938-square-foot classroom building located at 17th and Arapahoe Streets and an attached parking structure with 935 spaces. The classroom building will be

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DMCAR Pays Tribute to CRE “Heavy Hitters” Including Broker of the Year

Leave a Comment / Awards, Brokerage, Development, Industrial, Multifamily, Office, Retail /

On March 16, DMCAR honored its top commercial real estate producers of 2022 at the association’s annual Heavy Hitters Awards. In addition, the association honored its Broker of the Year and introduced the inaugural winner of its DMCAR Project of the Year award, as well as office, retail and industrial deals of the year. Recognizing his leadership,

DMCAR Pays Tribute to CRE “Heavy Hitters” Including Broker of the Year Read More »

Movers and Shakers Week Ending 03.17.23

Leave a Comment / Movers and Shakers /

Piper Sandler Special District Group Promotes Six The Denver office of the Piper Sandler Special District Group, a specialty financing group with more than 30 years of experience helping to fund public infrastructure for new development, announced the following promotions: Mike Sullivan has been promoted from senior vice president to managing director. Sullivan brings more than eight years

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Mile High Q&A: Jaymes Kralicek, Project Executive, The Opus Group

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

Jaymes Kralicek, project executive with The Opus Group, oversees a portfolio that typically includes large and complex projects. His responsibilities include leading the sales and marketing, negotiations, design, and construction processes on projects. He also has primary accountability for communicating with external clients, partners and vendors. Jaymes holds a Bachelor of Science in Construction Management from the University

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Award-Winning Filipino Restaurant to Open at NOVEL RiNo

Leave a Comment / Development, Hospitality, Multifamily /

Developer Crescent Communities, in partnership with Dart Interests and The Culinary Creative Group, will bring a concept from Chef Carlo Lamagna, a 2022 James Beard Finalist for Best Chef: Northwest and Pacific and one of Food & Wine’s Best New Chefs 2021, to NOVEL RiNo, a 483-unit mixed-use apartment community located at the intersection of

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Denver-Based Highside Companies Closes on Equity Partnership with Canadian Investment Company

Leave a Comment / Construction, Development, Investment /

Highside Companies, a Colorado-based real estate company, has formed an equity partnership with Westmount Park Investments, a family office, based in Ontario, Canada. The partnership will combine Highside’s robust United States footprint with Westmount Park’s capital formation and Canadian real estate market expertise. The result of this potent combination will mean more opportunities for Highside and

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