Author name: milehighcre

First-of-its-Kind Center for Creativity Opens in Five Points

The first phase of ArtPark Community Hub, a new creative center in the Five Points neighborhood for innovation, education, small business and community building, is now complete. Located at 35th Street and Arkins Court in Denver, the $4.5 million ArtPark is an adaptive reuse project built by RiNo Art District, a 501(c)(6) nonprofit grassroots arts organization. The […]

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Colorado Foundation Donates Colorado Springs Building to Space Foundation

El Pomar Foundation has completed the donation of a building in Colorado Springs to Space Foundation, a nonprofit advocacy organization founded in 1983 for the global space ecosystem. The forgiveness of the $4.1 million loan by El Pomar allows Space Foundation to acquire full ownership of the 131,035-square-foot property located on Arrowswest Drive that currently houses

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Matthews™ Acquires Cadence Capital Partners

Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, has announced the acquisition of Denver-based capital advisory firm Cadence Capital Partners (Cadence). The acquisition will allow Matthews™ to offer a full suite of capital solutions to solve every real estate funding need through the Matthews™ Capital Markets Division. Cadence was founded

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Denver MOB Market Picks Up Momentum

Metro Denver’s medical office building (MOB) market recorded strong fundamentals in the first half of 2021, according to CBRE’s Denver Medical Office MarketView H1 2021 report. Positive new absorption of 150,318 square feet was recorded in H1 2021 with On-Campus space contributing to most of the absorption activity. Direct vacancy sat at 10.7% in H1 2021,

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Mile High Trendy Office: Home Advisor HQ (PHOTOS)

When HomeAdvisor — the largest home services marketplace in the world — sought to relocate their headquarters from Golden to Denver, they envisioned a creative and flexible space that aligned with their employee values and complemented the artistic nature of their new RiNo neighborhood. The beautiful headquarters houses around 400 employees at The Hub, a Class A

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Edwards Station Among First to Install Electric Vehicle Supercharging Stations

Recognizing the explosive growth of electric vehicles on the horizon and the need for infrastructure to support these, Edwards Station is installing 12 high-speed electric vehicle supercharging stations starting this month. Located directly off I-70 at Exit 163, Edwards Station will soon offer eight Tesla Superchargers and four universal Electrify America chargers to be able to

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Nonprofit Moves Downtown Denver HQ to DTC

Junior Achievement-Rocky Mountain, a nonprofit that inspires and prepares young people for success, has sold its office space, located at 1445 Market Street, for $5.1 million to the Denver Metro Chamber of Commerce, as it plans to merge its offices with a new educational facility it will be building in the Denver Tech Center, estimated to

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Broadmark Realty Capital Originates Construction Loan in Fort Collins

Broadmark Realty Capital Inc., an internally managed secured real estate finance company with an office in Denver, has announced the origination of a short-term construction loan totaling $31.5 million to sponsor Castle Rock-based Pacific North Enterprises, LLC (“Pacific North”). The loan will be used to fund the horizontal construction of a mixed-use development located at NEC I-25

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$11.8M Acquisition Financing Arranged for Westminster Apartment Community

JLL Capital Markets has arranged $11.8 million acquisition financing for Willowbrook Apartments, a 95-unit, garden-style, multi-housing community in Westminster. JLL worked on behalf of Epic Investment Services to secure the seven-year, floating-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender. Willowbrook Apartments comprises studio and one-bedroom units

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