Author name: milehighcre

Mile High Trendy Office: Stinson (PHOTOS)

Law firm Stinson recently consolidated 18 attorneys and 11 staff members from two offices, in the Denver Tech Center and downtown Denver, into one space. The firm is proud to now call 1144 15th Street home. Stinson’s inviting, modern 19,150-square-foot space is located on the 24th floor inside the Class A, LEED-certified office tower, one of […]

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Knighthead Funding Provides $21.5M Loan for Class-A Office Building in Colorado Springs

Knighthead Funding LLC has provided a local investor operating as Columbia Victory LLC with a $21.5 million loan to refinance a newly-built Class A, 125,750-square-foot office building in Colorado Springs. The property is part of Victory Ridge, a 153-acre master development that includes retail, office, entertainment, and housing. Located at 10855 Hidden Pool Heights, the property,

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Two Apartment Communities Sell at 9+CO Development

Chicago-based Equity Residential, a publicly-traded real estate investment trust that invests in apartments, has purchased two apartment communities on Colorado Boulevard for a combined $311 million. Milo and Theo total 594 units at CIM Group and Continuum Partners‘ 9+CO development in Denver. 9+CO is a mixed-use redevelopment of the 26-acre former University of Colorado Health Sciences

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MOB in Basalt Wins HREI Insights Award

Chicago-based Remedy Medical Properties recently won the 2021 HREI Insights Award for the Best New Medical Office Building of 50,000 to 99,999 square feet. Remedy’s winning project was The Steadman Clinic, a 62,768-square-foot orthopedic care clinic and ambulatory surgery center (ASC) in Basalt, in western Colorado’s Roaring Fork Valley. Peter Westmeyer, CEO of Remedy, notes, “At

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Gelt, Inc. Acquires Willow Point Townhomes for $69M

Gelt, Inc., a regional real estate investment and asset management company, has acquired Willow Point Townhomes for $69 million in an off-market transaction. The 117-unit rental community is located at 8500 E. Mississippi Avenue in Denver. Built in 2016, and situated on 8.57 acres, the property consists of 30, two-story residential buildings and 274 parking

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Holiday Gift Returns Expected to Stress Supply Chain

More stress for retailers and the already strained supply chain may be ahead as e-commerce returns are expected to sustain high volumes following the holiday season, according to a new report from CBRE in partnership with Optoro, a provider of returns technology and services for processing retail returns. According to the report, e-commerce returns could

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A Year in Review: Project Retrospectives and a New Frontier Ahead

By Celeste Tanner, co-founder and chief development officer at Confluent Development 2021 was a year like no other. On the heels of a global pandemic, communities and businesses encountered unprecedented challenges, but also unique opportunities. Against the odds, Denver’s real estate community was one that not only survived, but thrived in many ways. While Denver was

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Farmland by Westminster Castle to be Redeveloped

According to Westword, on December 21, Westminster City Council approved a proposal to develop 233 acres, formally known as Uplands, into a mixed-use neighborhood in Westminster. Oread Capital & Development — that acquires, develops, and operates best-in-class residential and mixed-use communities, primarily in the Denver and Boulder market areas  — plans to build 2,350 small to mid-sized dwelling

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Newly Redeveloped Clayton Members Club & Hotel Refinanced

BMC Investments has closed on a $37 million loan from private investment firm Rockbridge, for the refinancing of the newly redeveloped Clayton Members Club & Hotel, a 63-key boutique hotel with seven bars and restaurants, meeting space, and a members’ club located in the heart of Cherry Creek North. Clayton Members Club & Hotel has quickly emerged

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