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Local Developer Secures $31.16M Financing for Luxury Colorado Apartment Community

Leave a Comment / Brokerage, Finance, Multifamily /

Denver-based Forum Real Estate Group, LLC recently refinanced its multifamily property Epoque Golden, a 120-unit, Class A, four-story community in Golden. JLL Capital Markets worked on behalf of the borrower team, including Forum Real Estate Group, LLC, to secure the $31.16 million, five-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate

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Broe Real Estate Lands New Surgical Center

Leave a Comment / Construction, Development, Healthcare /

Denver-based Broe Real Estate will construct a new ambulatory surgery center at Mineral Medical Center, the multi-tenant medical building located at 1501 W. Mineral Avenue in Littleton. Acquired in 2019, Mineral Medical Center is Broe Real Estate Group’s latest MOB repositioning project, totaling nearly $300 million of successful medical conversions. Construction of the new surgical center

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Archway Communities Launches Affordable Housing Thought Leadership Blog

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

In an effort to open a conversation about the Affordable Housing Crisis, Archway Communities‘ CEO Sebastian Corradino has launched a Thought Leadership Blog that will be published quarterly. Mile High CRE is delighted to share this information with our readers. His first piece, published February 2, addresses the need for more affordable housing in Colorado.

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The Maven Honored Among the U.S. News & World Report 2023 Best Hotels in the USA

Leave a Comment / Awards, Hospitality /

The Maven Hotel at Dairy Block has been honored in the U.S. News & World Report 2023 Best Hotels in the USA awards, released this week. The Maven earned a Gold Badge ranked as the No.5 hotel in Denver, touted for its rooms that are “beautifully decorated and full of natural light” featuring “floor-to-ceiling windows, leather

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Confluent Development Completes Vectra Bank Corporate Center

Leave a Comment / Construction, Development, Office, Retail /

Confluent Development has completed Vectra Bank Corporate Center, a 127,000-square-foot, nine-story, mixed-use and corporate office building located within Belleview Station at I-25 and Belleview. On the heels of its official opening to employees in January 2023, the Corporate Center will bring together more than 200 employees from across the metro area to serve Vectra Bank customers and facilitate the

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CRE Veteran Mark Smith Named to 2023 Colorado Business Hall of Fame

Leave a Comment / Awards, CRE People, Development, Events /

Mark Smith, founding principal and managing partner of Slifer Smith & Frampton, as well as founding principal of East West Partners, has been inducted into the 2023 Class of the Colorado Business Hall of Fame, which honors outstanding individuals who have made legendary contributions to the free enterprise system and provide inspiration for the next generation.

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Mortenson Creatively Addresses the Labor Crisis and Increasing Diversity in the Workforce

Leave a Comment / Construction, Diversity, Feature /

By Elizabeth Erfling, senior project manager, Mortenson The last few years have been bumpy for the construction industry, to put it mildly. Between the supply chain crisis, materials pricing fluctuation and now inflationary headwinds, keeping projects on track has become a major challenge for even the most organized and well-sourced construction firms. The good news is that these

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New Apartment Development in Denver Declined 88% Following Implementation of Affordable Housing Ordinance

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

According to the Apartment Association of Metro Denver, applications for new apartment development declined by a dramatic 88% in the three months since a new Denver affordable housing ordinance went into effect on July 1, 2022. Denver City Council approved a plan called expanding housing affordability, an ordinance that now requires new residential developments of 10

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EPS Group CEO Kathey Wagner Announces Plan to Retire; Company Launches Search for Successor

Leave a Comment / CRE People, Development, Engineering /

Arizona-based civil engineering firm EPS Group, Inc., with an office Loveland, CO, has announced the retirement of Chief Executive Officer Kathey Wagner. The company has launched a search for her replacement; Wagner will remain CEO until the board names her successor. Wagner began working in the AEC industry as a business strategist in 2014. She

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CCY Architects Names First Female Principal

Leave a Comment / Architecture, CRE People, Design /

CCY Architects, a design studio in the heart of the Rocky Mountains, recently announced that Maura Trumble has joined the ownership of the firm, becoming the first female principal. Since joining in 2012, Trumble has played an increasingly integral role at CCY, providing progressive insights and leadership to some of the firm’s most important projects and internal initiatives. Her

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