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NAIOP Colorado Launches Partnership with Denver Public School’s CareerConnect

Leave a Comment / Education, Events, Mentorship /

As a leader in commercial real estate, NAIOP Colorado recognizes there is a need for greater diversity and inclusion in our industry. In addition, the organization wants to provide its members with diverse opportunities to take their careers and relationships to the next level. In 2020 NAIOP Colorado launched its inaugural partnership with Denver Public […]

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Waterfront Community Breaks Ground in Denver

Leave a Comment / Architecture, Construction, Development /

Local Denver developer, Highland Development Company (HDC), local architect, KGA Studio Architects, and local general contractor, DIRC Homes, broke ground last week on Berkley Shores, Denver’s newest waterfront community. The community is nestled between Berkeley and West Highlands, adjacent to Lake Pomponio and Clear Creek Valley Park, and just 20 minutes east of Olde Town Arvada

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300-Unit Luxury Multifamily Community in Lowry Sells for $105M

Leave a Comment / Brokerage, Multifamily /

The Connor Group, a Dayton, Ohio-based real estate investment firm, has purchased Alas Over Lowry (formally Broadstone Lowry), a 300-unit luxury multifamily community located at 8505 Lowry Boulevard in Denver’s Lowry redevelopment, for $105 million. Newmark Knight Frank (NKF) Vice Chairmen Terrance Hunt and Shane Ozment, with Senior Transaction Manager Amanda Meldrum and Transaction Manager Craig Ratterman, represented the

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Costco to Anchor New Retail Center in Northeast Denver

Leave a Comment / Development, Retail /

Denver-based Goldberg Properties and New York City-based C.P. Bedrock LLC (owner of the Denver Connection) are proposing a 32-acre, 223,000-square-foot retail town center called Flyway, within the Gateway-Green Valley Ranch neighborhood. Costco is set to anchor the retail project, offering high quality groceries alongside general merchandise and clothing. According to the project website, the vision of the

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Movers and Shakers Week Ending 09.04.20

Leave a Comment / Movers and Shakers /

Marcus & Millichap Appoints Neville Rustomjee to Senior Director of the Firm’s National Hospitality Group  Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced that Neville Rustomjee has been promoted to senior director of the firm’s hospitality division. Rustomjee currently serves as

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U.S. Hotel Market May Not Recover Until Late 2021 or Early 2022, says Report

Leave a Comment / Hospitality, Reports /

Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, has released its Mid-Year U.S. Hospitality Report, which predicts that the U.S. Hospitality Market may not recover until late 2021 or early 2022. Julie Fugitt-Schultz, CCIM, director of Hospitality Valuation for Integra Realty Resources and national practice leader

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17-Unit Apartment Community Sells in Congress Park

Leave a Comment / Brokerage, Multifamily, Rent /

Lord Stanley Apartments, a 17-unit apartment community in Denver’s Congress Park neighborhood, has sold for $3,141,000. Boomer Beatty and Peter Standley, vice president investments in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a private investor. Beatty and Standley also secured and represented the investor.

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RE/Max Acquires Fintech Company Wemlo

Leave a Comment / Mortgage /

RE/MAX Holdings, Inc., the parent company of franchisors RE/MAX® and Denver-based Motto Mortgage®, announced this week the acquisition of Florida-based wemloSM, an innovative fintech company that provides third-party mortgage loan processing services. Wemlo is a 20-month-old startup that’s reshaping mortgage loan processing in the mortgage broker channel. The company developed the first “Service Cloud” for mortgage brokers, combining third-party

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AQYRE Real Estate Advisors Brokers the Sale of Four Denver Multifamily Properties

Leave a Comment / Brokerage, Multifamily /

This week, Denver-based AQYRE Real Estate Advisors, LLC, a boutique firm offering personalized and streamlined commercial real estate services to help investors build wealth, announced the sale of four multifamily investments in Denver. 59 & 65 N. Ogden Street AQYRE sold two multifamily investments, 59 & 65 N. Ogden Street, in Denver, for $4,999,000. Both stylishly

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“COVID-19 Dashboard”Tracks Pandemic’s Impact on the Condo Market

Leave a Comment / Condominium, Reports /

Polaris Pacific, the leading real estate sales and marketing group for new residential communities, has introduced a weekly, real-time market trend dashboard that measures changes to the condominium sector of eight core West Coast markets and provides data to navigate the complexities created by COVID-19 on these condominium markets. Updated every Tuesday, the Polaris Pacific

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