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Investment in Private Real Estate Could Help Weather the Storm

According to a whitepaper published by Black Creek Group, an experienced real estate investment management and development firm with an office in Denver, today’s bear market paired with a low rate environment have exposed the shortcomings of traditional portfolio construction, and investors need new investment options to achieve positive long-term results. A portfolio inclusive of […]

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Lakewood Industrial Property Sets Record Price Per Square Foot

Cushman & Wakefield recently brokered the sale of a freestanding industrial building in Lakewood. Located at 12290 W. Alameda Dr., the 4,465-square-foot building is situated on 1.55 acres and sold for $1.465 million or $328/sf. The seller was 1st Electric Investors LLC and the buyer was 3bar Denver LLC, an owner/user that will use the

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USGBC Launches Global Economic Recovery Strategy

Today, the U.S. Green Building Council (USGBC) released a bold new strategy to support economic recovery as the country works to flatten the COVID-19 curve. Called Healthy People in Healthy Places Equals a Healthy Economy, the strategy outlines immediate and long-term actions to support buildings and communities in a post-pandemic world. It is based on the idea

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Breckenridge Grand Vacations Sets New Standard of Cleanliness

In the wake of the COVID-19 pandemic, Breckenridge Grand Vacations (BGV) owners, Mike Dudick, CEO, and Mike Millisor, immediately sought out the best new solution that would largely eliminate the possibility of human error from a consistent clean, to ensure the safety of owners, guests and employees at their resorts in Breckenridge. They found their answer

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Healthcare Design Solutions to Prepare for a Pandemic

By Bob Mooney, senior architect, The Neenan Company The healthcare industry is grappling with countless challenges in light of the COVID-19 pandemic, from the influx of patients creating capacity concerns for facilities to an overworked workforce and a limited supply of medical equipment. Many areas of the business are feeling the strain — but a collective response from

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80% of Apartment Households Paid Rent in May

Despite the staggeringly high unemployment rates across the country, the National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.2 percent of apartment households made a full or partial rent payment by May 6 in its survey of 11.4 million units. This is a 1.5-percentage point decrease in the share who paid rent through May

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Boulder Shopping Center Garners Significant Lender Interest

JLL Capital Markets has arranged a $26.7 million refinancing for Alcove on Arapahoe, a 159,050-square-foot shopping center in Boulder. Alcove on Arapahoe is anchored by premier retailers including Safeway, HomeGoods, Verizon Wireless and Flower Child. The property was built in 1957 and most recently renovated in 2019. The center is in the heart of Boulder’s

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Arvada Net Zero Community to Add Condo Rental Units

Fourth Wave Energy, Inc. (FWE), a San Jose-based climate solutions technology company, has entered into an agreement whereby it has the option to acquire and help develop 19 acres of residential land for GEOS Neighborhood, an innovative mixed-use, net zero energy development in Arvada. Fourth Wave plans for the construction of net zero carbon energy independent

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JAG Logistics Center Signs First Two Tenants

JAG Logistics Center @ DEN, a prominent 250-acre industrial park located immediately south of Denver International Airport (DEN) has signed its first two tenants, only eighteen months after the development’s conception and more than two months prior to the completion of its first building. While the economic impact of COVID-19 continues, Aurora’s core industries remain strong

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Workforce Housing Project in Eagle County Receives Funding                    

Spring Creek Village, an affordable housing project in Gypsum, Colorado, has received funding for the next phase of development, a series of apartments primarily developed by Gerry Flynn of Polar Star Properties. Sharing Connexion Inc, a Denver-based nonprofit, provided a $1.75 million bridge loan under their Real Estate Impact Investments program, which provides financing support to

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