Author name: milehighcre

Mountain View Capital Acquires Luxury Apartments in Downtown Denver

Point 21 Urban Flats, a 212-unit, luxury, core-plus, podium-style multi-housing asset in downtown Denver, has sold to Mountain View Capital for $84.25 million, according to public records. JLL worked on behalf of Mountain View Capital to arrange a $52 million, five-year acquisition loan with four years of interest only through a JLL correspondent national insurance company. The financing reflects a […]

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Renovation of Two Local Theaters Now Complete

After successfully navigating an unprecedented couple of years and a construction market significantly disrupted by COVID-19, Cumming, an international construction consultancy, and its regional team, has turned the Wolf and Singleton Theatres back over to Denver Center for the Performing Arts (DCPA) and the long-awaiting local community. Providing project management, Cumming’s team of cultural and entertainment construction experts successfully managed

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Q&A with Kate Lucas, AICP, RE|Solutions, LLC

As a planner specializing in entitlements, conceptual site design, land planning, and community engagement, Kate Lucas, planning project manager with RE|Solutions, LLC, has worked with over 45 different municipalities and numerous resident groups. She has managed the design, entitlement, and CEQA process for brownfield projects ranging from quarter-acre single-use sites to mixed-use projects of several

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New Real Estate Investment Firm Launches in Denver

Leale Capital, a specialized commercial real estate investment firm focused on maximizing the value of existing multifamily properties along Colorado’s Front Range, has officially launched in the Denver market. The firm’s debut includes investments in three promising multifamily properties in partnership with Strat Ventures. Founded by seasoned commercial real estate finance leader Marc Cianciola, Leale Capital

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NexGen Properties Acquires Hampton Inn and Suites in Greeley

Greenwood Village-based NexGen Properties, LLC (“NexGen Properties”) has acquired the 74-key Hampton Inn and Suites in Greeley for $7.95 million. The 3-story, 48,980-square-foot hotel will diversify NexGen Properties’ real estate holdings with its first hospitality acquisition. The seller, Fort Collins-based Spirit Hospitality (“Spirit”), developed the Hampton in 2006. NexGen Properties was the highest bidder for

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Office Portfolio in Colorado Springs Sells for $33.25M

Denver-based Broe Real Estate Group has acquired a three-building Class A office and office/flex portfolio totaling approximately 260,000 square feet in northern Colorado Springs for $33.25 million. The portfolio is located at Telstar Dr and Research Pkwy within the premier Briargate Business Campus and was approximately 63 percent leased to a diverse tenant base. The

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Vertix Builders Completes X-Ray Replacement Project for Vail Summit Orthopedics and Neurosurgery in Frisco

Vertix Builders, a culture-focused construction company, announced that the company has successfully completed an X-Ray replacement project for Vail Summit Orthopedics and Neurosurgery in Frisco. This latest project continues Vertix’ focus on bringing top-quality healthcare construction services to the mountain communities of Colorado. This specialized X-Ray upgrade included updated lead shielding and finishes to accommodate

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Alliance Construction Solutions Wins AGC ACE Award

Alliance Construction Solutions (Alliance) was this year’s winner of the Contribution to the Community ACE Award from Associated General Contractors (AGC) of Colorado for their Renaissance Veterans Apartments at Fitzsimons project in Aurora. The Contribution to the Community category recognizes projects with significant company and employee participation in civic affairs and/or donation of manpower for community projects, as

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Prime West Secures $90.4M in Capital for Opportunity Zone Multifamily Development in Aurora

Prime West has secured $90.4 million financing for the development of Claro at High Point, a 365-unit, Class A, garden-style multifamily development in an Opportunity Zone within Aurora. JLL Capital Market worked on behalf of Prime West to arrange opportunity zone joint venture equity through Bridge Investment Group Holdings, along with securing construction financing from a

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Venture Architecture Designs Revolutionary New Academic Building for International School of Denver

The International School of Denver’s newest academic facility, The Mary Louise Evans Building, recently celebrated its grand opening. Designed by Venture Architecture, in close coordination with the school’s community, the new 40,000-square-foot facility will serve as a hub for the entire ISDenver community, providing a new learning center as well as a Music, Art, Science,

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