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CBRE Brokers Sale of The Ridge at Rockrimmon Apartments in Colorado Springs

Leave a Comment / Brokerage, Multifamily /

The Ridge at Rockrimmon, a 126-unit apartment community in Colorado Springs, has sold to Atlanta-based real estate firm, Cortland. Saul Levy, Kevin McKenna, Mackenzie Walker, Chris Hart and Jessica Graham with CBRE Capital Markets represented the seller, anundisclosed private investor. Built in 1997, The Ridge at Rockrimmon is comprised of one-, two- and three-bedroom floorplans with an […]

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Pinkard Construction Awarded Affordable Housing Project in Lafayette

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

Boulder County Housing Authority (BCHA) has selected Pinkard Construction as the general contractor for a newly proposed permanently affordable neighborhood in east Lafayette. The project, called Willoughby Corner, includes the construction of 400 rental and for-sale apartments, townhomes, and duplexes priced below the market rate for families and individuals who qualify. The project budget is approximately $40

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Denver-Based Law Firm Expands Colorado Springs Practice

Leave a Comment / Law, Office /

Denver-based Messner Reeves LLP, a full-service business and litigation law firm with offices across the nation, has expanded its Colorado Springs presence with a fresh office space and two newly established local attorneys. Brenda L. Bartels and Amber Blasingame, from the well-known and now closed Hanes & Bartels firm, will help lead and grow the

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MIG Acquires Westminster Apartment Community, Plans Renovations

Leave a Comment / Brokerage, Multifamily, Renovation /

MIG Real Estate (MIG) recently purchased The Links at Legacy Ridge, a 232-unit multifamily community in Westminster, for $94 million, according to public records. Bill Chiles, Scott Peterson, Brian Cruz and Colby Matzke with CBRE Capital Markets’ Debt and Structured Finance team in San Diego secured $45.7 million in aquisition financing in the form of a 10-year, fixed-rate

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Movers and Shakers Week Ending 07.22.22

Leave a Comment / Movers and Shakers /

Junior Analyst, Calvin Andrews joins NavPoint Real Estate Group  NavPoint Real Estate Group welcomes Calvin Andrews as their newest addition to the NavPoint team. Andrews hails from Northeastern Washington. He was raised in the foothills of the Rocky Mountains playing golf and baseball. He graduated from Hillsdale College in Michigan with a degree in Financial Management. While at

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Historic Denver Union Station Celebrates 8th Anniversary of $54M Renovation

Leave a Comment / Anniversaries, Architecture, Design, Development, Hospitality, Renovation /

This month, the historic Denver Union Station is celebrating the 8th anniversary of its $54 million renovation. Widely recognized as the heart of downtown Denver, more than 10 million people visit the landmark station annually – both passing through the transit hub and visiting the award-winning Crawford Hotel, the 10 locally-owned restaurants, and the three

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Multi-Phased Speculative Industrial Development Coming to Aurora

Leave a Comment / Construction, Development, Industrial /

Construction of the first phase of a 316-acre, 3.9 million-square-foot master-planned industrial development, called Sun Empire in Denver’s airport submarket, will begin in September 2022. The project is a joint venture between The Opus Group (Opus) and Principal Real Estate Investors. Located at the southeast corner of 56th Avenue and Harvest Mile Road in Aurora, the

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McKinstry Expands with Holistic Solar and Storage Solutions

Leave a Comment / Construction, Energy, Sustainability /

McKinstry, a national construction and energy services firm, is helping clients achieve their climate and sustainability goals through an integrated suite of energy and facility services that has grown to include solar photovoltaics, distributed generation, battery storage systems, geothermal energy, electric vehicle charging infrastructure, community solar and more. Among the projects, McKinstry partnered with Denver

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Non Residential Construction Spending Projected to Increase Due to Strong Gains in Manufacturing and Retail

Leave a Comment / Architecture, Construction, Development /

Construction spending on buildings is projected to increase just over nine percent this year and another six percent in 2023, according to a new report from the American Institute of Architects (AIA). While the outlook for the broader economy has become more uncertain, the prospects for construction spending have improved since the beginning of the

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Grocery-Anchored Shopping Center in Greeley Sells for $37.5M

Leave a Comment / Brokerage, Retail /

Centerplace Greeley, a 152,000-square-foot Safeway-anchored shopping center in Greeley, has sold for $37.55 million, according to property records. “Centerplace of Greeley dominates its region and features a tenant mix of predominantly national tenants that occupy 94% of the total gross leasable area,” said Ryan Bowlby, Institutional Property Advisors (IPA) senior director, a division of Marcus &

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