Author name: milehighcre

DMCAR Pays Tribute to “Heavy Hitters” in Commercial Real Estate

The Denver Metropolitan Commercial Association of REALTORS® (DMCAR) honored its top commercial real estate producers of 2021 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards. Recognizing his leadership, professionalism, business acumen and unwavering dedication to the association and the industry, DMCAR also paid tribute […]

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How Prefabrication Benefits Contractors More Than Ever Before

By Jamie Hodges More and more contractors are choosing prefabrication due to the many benefits it provides on today’s job sites. From the enhanced quality and reduced waste to efficiency and cost savings, building components of a structure offsite and transporting and assembling them on the jobsite enables contractors to have more control over the building process than

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Movers and Shakers Week Ending 03.04.22

Evergreen Devco Adds Vice President in Denver As part of its strategic growth and market expansion initiatives, Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, has expanded its business development team with the addition of two vice presidents. Brian Dietz will serve as vice president of industrial development in the Denver office and Jeremy

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Denver Emerges as the 10th-Most Active Real Estate Market in the Nation

The ever-growing interest in Denver makes it the 10th-most impressive real estate performer in the nation. To identify the most active real estate markets in the last decade, StorageCafé looked at new construction in the single-family, multifamily, self-storage, office, retail and industrial sectors in the 50 largest metropolitan areas. Key takeaways for Denver:  In an effort

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LoDo Towers Achieves UL Verified Healthy Building Mark for Indoor Air

According to CIM Group, a community-focused real estate and infrastructure owner, operator, lender, and developer, LoDo Towers, consisting of two Class B+ 16- and 13-story office towers totaling more than 420,000 square feet in downtown Denver, has achieved the UL Verified Healthy Building Mark for Indoor Air. UL, the global safety science leader, developed the program

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The Jacquard

Stonebridge Companies Receives Investment to Fund Growth

TowerBrook Capital Partners L.P., an international investment management firm, and Related Fund Management, a real estate investment management firm, have invested in Denver-based Stonebridge Companies, a leading hospitality management, ownership, and development company. The transaction was funded through a majority investment from TowerBrook, with a significant minority investment from RFM and a substantial roll-over investment from Navin

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Colorado’s Economic Growth Predicted to Slow Slightly in Coming Months

The Colorado economy will be growing at an annual rate of 4.47 percent through June 2022, according to ColoradoCast, the state’s only short-term economic forecast. This is a slowdown from the previous ColoradoCast’s April 2022 forecast rate of growth, but still a healthy, albeit more normal, growth projection. The slight slowdown in growth is attributed

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Dierks Bentley’s Whiskey Row Sells to Local Real Estate Investor

Monfort Companies, a community-minded investment and development company, has closed on the sale of 1946 Market St. in LoDo. The property, currently occupied by Dierks Bentley’s Whiskey Row, sold for $24 million to Jim Blumenthal, a local real estate investor. “The sale of 1946 Market St. raises the economic value and profile of the block, paving

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The Laramar Group Expanding into Medical Office Sector

The Laramar Group, a leading national real estate investment and property management company with offices in Denver and Chicago, is actively investing for its Laramar Medical Properties Fund I, a closed-end fund investing in medical office and life sciences properties. Laramar Medical Properties plans to invest in targeted U.S. markets nationally. Laramar Medical Properties closed

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47-Story Mixed-Use Building Proposed for Downtown Denver

According to concept plans filed with the city on Feb.4, South Carolina-based real estate firm Greystar has proposed a 47-story mixed-use building for 650 17th St., located at the southern corner of 17th Street and California Street in downtown Denver. According to records, the building will include 342 for-rent multi-family units, 15,800 square feet of

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