FCP® a privately held national real estate investment company, and joint venture partner Denver-based Avanti Residential have acquired Heights on Huron, a 252-unit garden apartment community at 10648 Huron Street in Northglenn, for $55 million. The purchase follows an announcement made in May 2022, when FCP made its initial multifamily investment, Ivy Crossing, with joint venture partner, BMC, […]
Phoenix-based ViaWest Group, a full-service commercial real estate investment, development, and property management firm, will construct its first project in Denver, just north of downtown. The 134,400-square-foot Class A industrial facility will be named the Downtown Distribution Center. The building will be situated on 9.32 acres at 5601 Franklin Street and is scheduled for delivery in Q2
Phoenix-Based ViaWest Group Enters Denver Market Read More »
Today, project partners celebrated the groundbreaking of Araceli, a modern apartment community, at 4552 S. Ulster St. near the junction of I-25 and I-225 in the Denver Tech Center. The project is significant because of the lack of residential options in the neighborhood. The building solves a need for convenient housing for those who work in
New Residential High Rise Breaks Ground in Office-Heavy Tech Center Read More »
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
$69M Refinancing Secured for Westminster Mixed-Use Community Read More »
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
Mayor Hancock Launches Supportive Housing Program Read More »
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
8-Story Hotel Planned for Prominent Empty Lot in LoDo Read More »
OLC Announces Promotions and New Hire Ohlson Lavoie Corporation announced that Michael St. John and Jodi Ross have been promoted to principal. OLC has also added Tania Parada to the team as their new senior interior designer. Mike is a project architect and LEED AP who works in OLC’s Orlando office and also supports the Denver
Movers and Shakers Week Ending 07.01.22 Read More »
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
Former Johnson & Wales University Renamed “Mosaic Community Campus” Read More »
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
Why Boutique Development Could Be the Future of Multifamily in Denver Read More »
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
Gen II Fund Services Signs Long-Term Lease for Top Two Floors at Belleview Station Read More »
