Author name: milehighcre

JHL Marks Several Project Milestones in Colorado

JHL Constructors (JHL) marked several project milestones in September, supporting communities across Colorado, including Commerce City, Grand County, Thornton, and Aurora. “Never is there a dull summer when you’re a school builder and this one was no different,” said Mario Cappella of JHL Constructors. “Our commitment to ‘Building Colorado’s Future’ is alive and well with another successful summer of delivering schools […]

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AIA Report: Demand for Design Services Accelerates

Demand for design services from U.S. architecture firms grew at an accelerated pace in August, according to a new report from the American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for August rose to 53.3 compared to 51.0 in July (any score above 50 indicates an increase in billings). During August, the

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Newly Renovated Apartment Community in Arvada Sells for $4.95M

Knightbridge Capital, a Denver-based real estate investment firm, announced today the disposition of Newland Way Apartments,  Arvada, a 23-unit property, built in 1972. Located at 5502 Newland Way, the property sold for $4,950,000; $215,517 per unit and $291.73 per square foot. The name of the buyer was not disclosed. Acquired 14 months ago for $3,295,000, Knightbridge

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CREW Denver Announces 2022 Women of Influence Award Winners

On Wednesday, September 14, CREW Denver held its annual Women of Influence Awards at Asterisk in downtown Denver. More than 200 people attended this year’s event, which included talks from keynote speakers Molly Bloom, an entrepreneur and bestselling author, and Kourtny Garrett, president and CEO of the Downtown Denver Partnership. Attendees also enjoyed a networking happy hour on the rooftop deck.

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Integra Realty Resources Releases Mid-Year CRE Reports

Denver-based Integra Realty Resources, one of North America’s largest independent commercial real estate valuation and consulting firms, recently released its highly anticipated mid-year, local market commercial real estate reports — a supplemental update to its flagship Viewpoint 2021 annual report released in January. In total, 240 detailed reports covering 60 U.S. markets across four property

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Greeley Apartment Community Refinanced

JLL Capital Markets has arranged the refinancing of Gateway Place Phase II Apartments, a 144-unit, three-story, garden-style multi-housing community in Greeley. JLL worked on behalf of the borrower, Morgan Energy to secure the $21.258 million, 10-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠

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Furniture Row Store Breaks Ground in Littleton

Precision Contractors and Furniture Row recently held a groundbreaking ceremony to celebrate the start of construction on a brand-new Furniture Row and Denver Mattress Co. store at C-470 and Bowles Ave in Littleton. The new 74,365-square-foot facility, located at 5779 S. Alkire St., has been designed by Intergroup Architects. To take advantage of such a high-visibility location, the building

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Sale of Multifamily Property Sets New Record in Colorado Springs

California-based Hamilton Zanze has purchased Springs at Foothills Farm, a 264-unit garden-style multifamily community located in Colorado Springs for a record-setting $110.9 million. The sale of Springs at Foothills Farm represents the largest transaction in the history of Colorado Springs. Senior Directors Nick Steele and John Laratta and Directors Nate Moyer and Tyler King of

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Snyder Building Completes CrossPurpose’s New Englewood Location

Snyder Building Construction has proudly completed its second project with CrossPurpose in the Denver metro area. The nonprofit provides a free six-month career training and community development program for adults who want to secure better-paying jobs and build a brighter future. The project, located at 3835/3855 S. Broadway, was completed in partnership with Wellspring Church and is an

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13-Story Residential Tower Breaks Ground in Denver Tech Center

Legacy Partners, a privately held national real estate firm, and Pacific Life have broken ground on Aracelli, a 236-residence, Class A, NGBS Green-Certified Gold high-rise in Denver. KTGY is the architect of record for Araceli. The development team also includes Catamount Constructors, Prescient (light gauge steel structure Designer/Fabricator), Jordan & Skala Engineers (MEP), Studio 10 Interior

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