Author name: milehighcre

Why Boutique Development Could Be the Future of Multifamily in Denver

By Chris Arnold, co-founder, Authentic Michael Pink, the CEO and managing partner of Left Lane Ventures, never meant to pioneer boutique multifamily real estate development in Minneapolis. He simply noticed a problem — a profusion of low-quality, highly-amenitized multifamily units, constructed without regard for the neighborhood or the streetscape — and he wanted to fix […]

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Gen II Fund Services Signs Long-Term Lease for Top Two Floors at Belleview Station

Prime West Companies has secured a 72,914-square-foot multi-floor lease at Belleview Station, a 384,712-square-foot Class A office and ground-floor retail project in Denver’s Tech Center. The new tenant is Gen II Fund Services, LLC, a leading independent private capital fund administrator. The company will occupy the top 14th & 15th floors in the 15-story building located

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Moss Adams LLP Signs Office Lease at Block 162

Moss Adams LLP, one of the largest accounting, consulting and wealth management firms in the nation, is the latest tenant to sign an office lease at Block 162, a 30-story, 596,295-square-foot, Class A speculative office building located at 675 15th Street, between Welton and California Streets in downtown’s Central Business District. The professional services firm

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Mortenson Celebrates 40 Years in Denver

Mortenson hit a big milestone this week, celebrating 40 years of building in Colorado. With headquarters in Denver, Mortenson has supported the development of some of the most iconic projects across the front range and has raised over $7 million for local nonprofits. The Denver team celebrated the 40th anniversary of the establishment of its Denver office

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Climate Change

Denver a Top Industrial Market to Watch

While major industrial and logistics markets capture most of the headlines, industrial occupiers and investors know that dozens of secondary markets are essential to supply chains in the U.S. Of the 81 industrial markets Cushman & Wakefield tracks, the firm selected five emerging industrial real estate markets plus two honorable mentions outside of primary markets

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CRE Industrial Trends_Taylor Cole

Confluent Development Closes on Two Class A Industrial Properties

Confluent Development, a Denver-based real estate investment and development firm, recently acquired two Class A industrial properties, representing the continued expansion of its industrial portfolio across the Front Range. 25 Commerce Park is a 456,400-square-foot Class A industrial park, featuring three buildings slated for delivery in Q3 2023. Ken Caryl Commerce Center will deliver 175,000

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DB Capital Buys Second Multifamily Property in Denver Metro in a Month

DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community in Aurora, for $24.55 million. In the last 12 months, the firm has added nearly 500 units to its local portfolio. Completed in 1969, Gardens

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Carson Development to Add 1M SQFT of Retail to I-25 Corridor in Northern Colorado

Carson Development Inc., a family-owned company that specializes in multifamily and retail construction, is currently developing Ledge Rock Center, a 200-acre, master-planned, mixed-use community, on the southeast corner of Interstate 25 and State Highway 60 in Johnstown. Carson Development has hired CBRE to market the more than 1 million square feet of retail space for lease.

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ACRE Provides $43.5M Loan for ‘Connect at First Creek’ Development in Denver

ACRE, a global real estate private equity firm, has finalized a $43.5 million bridge loan with Peak Capital Partners (“Peak Capital”), to support the luxury multifamily apartment community ‘Connect at First Creek’ in Denver. Issued through ACRE’s latest debt fund “ACRE Credit I”, the loan will support Peak Capital’s purchase of the 150-unit community. Executed

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AE Design Celebrates Completion of 19Nineteen Mile High

19Nineteen Mile High, a high-end, luxury 277-unit multifamily apartment building located near Empower Field in the Jefferson Park neighborhood, is the latest addition to Denver’s skyline. The Opus Group broke ground in April 2020 and construction was completed in May 2022. AE Design, a Denver-based award-winning design firm, served as the integrated lighting and electrical

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