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$69M Refinancing Secured for Westminster Mixed-Use Community

Leave a Comment / Affordable Housing, Finance, Multifamily /

Sherman Associates has received a $69 million HUD 223(f) loan to refinance its multifamily property in Westminster. The 255-unit property, called Ascent, is an urban-style, mixed-use community containing 25,625 square feet of retail space. The loan was originated by NewPoint Real Estate Capital LLC Senior Managing Director John D. Motzel. Loan proceeds were used to pay off a […]

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Mayor Hancock Launches Supportive Housing Program

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

On July 1, Mayor Michael B. Hancock joined with officials from the U.S. Department of the Treasury, homelessness response and mental health service providers, and funders to launch the Denver Housing to Health (H2H) program, a new pay-for-success initiative. The H2H program will leverage local housing resources, $11.75 million from six private funders, and up

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8-Story Hotel Planned for Prominent Empty Lot in LoDo

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

On June 24, The Nichols Partnership, a Denver-based real estate development company, and architecture firm Shears Adkins Rockmore filed concept plans for a newly constructed 8-story hotel at 1709 Blake St. in LoDo, as well as the re-use of the adjacent office building at 1725 Blake and single-family residence at 1702 Wazee. The 166,878-square-foot hotel will include 127 rooms and two

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Former Johnson & Wales University Renamed “Mosaic Community Campus”

Leave a Comment / Development, Education, Renovation, Student Housing /

In June of 2021, Urban Land Conservancy (ULC), Denver Public Schools (DPS), and Denver Housing Authority (DHA) purchased the former Johnson & Wales University Denver Campus to repurpose it for community access and benefit. Today, the owners announced they have officially renamed the campus “Mosaic Community Campus.” The new name was attained through an open

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Why Boutique Development Could Be the Future of Multifamily in Denver

Leave a Comment / Development, Feature, Multifamily /

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

Leave a Comment / Development, Office /

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

Leave a Comment / Development, Office /

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

Leave a Comment / Anniversaries, Construction, Development /

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

Leave a Comment / Development, Industrial, Reports /

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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