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Cushman & Wakefield Facilitates Sale of Multi-family Complex in Englewood

Leave a Comment / Brokerage, Multifamily /

Cushman & Wakefield has announced the sale of Layton Gardens Apartments, a 60-unit, 49,234-square-foot, multi-family complex located at 4801 S Acoma Street in Englewood, Colorado. The transaction closed on December 12 and sold for $9,550,000 or $159,167 per unit to Denver-based Wheelhouse Apartments. Tyler Stevens, Director, of Cushman & Wakefield Denver represented the seller in […]

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St. Charles Town Company Entity Purchases Bonnie Brae Property

Leave a Comment / Development, Retail /

A Denver-based entity of real estate development firm St. Charles Town Company has completed the purchase of a 12,500-square-foot property at Exposition and University in the Bonnie Brae retail district. The property sits adjacent to the iconic Campus Lounge and is home to ink! Coffee. “Over the past three years, we have developed a strong tie

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Brinkman Acquires Marriott Brand Hotel in Parker

Leave a Comment / Construction, Development, Hospitality /

As part of their long-term investment strategy in Parker, real estate development and investment company, Brinkman, acquired a flagship hospitality asset last week. In partnership with Utah-based developer Colmena Group, the companies purchased the 66,641-square-foot SpringHill Suites by Marriott located off North Pine Lane and Silverado Drive. The upscale hotel has 108 guest rooms and features

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Three Industrial Properties at Eastpark 70 Refinanced

Leave a Comment / Brokerage, Industrial /

A portfolio of three Class A, newly constructed warehouse/distribution buildings that total 547,478 square feet within the Eastpark 70 development in Aurora, have been refinanced for $31.2 million. JLL worked on behalf of the borrower, Consolidated Investment Group (CIG), to place the 11-year, 3.18 percent, fixed-rate loan with an insurance company. Developed by CIG, Eastpark 70

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Affordable Apartments in Denver Fetch $34.25M

Leave a Comment / Brokerage, Multifamily /

Fox Crossing, a 220-unit affordable rental housing property located at 8350 East Yale Avenue in Denver, has sold for $34.25 million. The property operates under the Section 42 Low Income Housing Tax Credit (LIHTC) program. Dan Woodward, David Potarf and Matt Barnett with CBRE’s Denver office and Spencer Hurst, Tim Flint and Taylor Froland with CBRE Affordable Housing

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AIA Colorado Announces 2020 Board of Directors

Leave a Comment / Architecture /

The American Institute of Architects (AIA) Colorado has announced its 2020 Board of Directors. Following a two-month process, the 2020 Nominating Committee chaired by Past President, Carl Hole, AIA recommended a slate of candidates to serve on the 2020 Board of Directors. The recommended slate was officially confirmed at the AIA Colorado annual meeting on December 13. “We

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Saunders to Build 264-Unit Apartment Project in Greeley

2 Comments / Brokerage, Construction, Development, Multifamily /

Saunders Commercial Development Company has received $43.2 million in structured construction financing for the development of its latest project, Ten West Greeley Apartments, a 264-unit, Class A, garden-style multi-housing property in Greeley. The Ten West Greeley Apartments project — designed by Denver-based EVStudio — is being developed on a 10.15-acre site at 6600 8th Ave within the

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Denver City Council Approves Two Affordable Housing Projects

Leave a Comment / Affordable Housing, Condominium, Development /

The Denver City Council recently approved a pair of affordable housing contracts that will help establish 204 income-restricted homes for low and moderate-income households in the Lincoln Park and Capitol Hill neighborhoods. Loans totaling $5,175,000 have been approved for the La Tela and Olin Apartments projects, which will support affordable homeownership opportunities and senior housing

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Salesforce Selects 17th St. Plaza for New Office

Leave a Comment / Office /

Salesforce, a customer relationship management solution that brings companies and customers together, is expanding in Denver with a brand new office at the 17th Street Plaza in LoDo. Salesforce employees will begin moving into the building in late 2020, leasing three floors and adding rooftop signage. According to the Salesforce blog, the new office will feature an

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Denver Tops Multifamily Absorption List in November

Leave a Comment / Multifamily, Rent, Reports /

According to the Yardi Matrix Multifamily National Report for November, demand for multifamily housing remains high nationwide. More than 320,000 multifamily units have been absorbed nationally. While it’s not expected that absorption will reach 2016’s cycle peak of 377,000 units, 2019 marks the sixth straight year with at least 250,000 multifamily units absorbed. Seattle, Denver and Dallas topped

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