Author name: milehighcre

11 Things to Consider When Investing in Office Property

By Ben Crosby As the worst of the COVID-19 pandemic in the United States seems to be behind us now, and companies are starting to bring their people back into the office, maybe not full time, but at least some of the time, interest in office property is picking up again. In fact, only about […]

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Denver Ranks Among the 50 Most Competitive Rental Markets in the U.S.

According to RentCafe’s Year-End Report, the 2021 rental season brought fierce competition among apartment-dwellers nationwide, as they faced a rental market pressured by high demand, low-apartment availability and applications with top-notch credit scores. Known as the poster child for rental competitivity in the Colorado area, Denver ranked 38 among the top 50 most sought-after rental markets

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Atlas Real Estate Celebrates Season of Giving

Denver-based Atlas Real Estate is giving back to the Denver community this holiday season by providing rent relief, holiday meals and toy donations to families in need. Atlas is providing financial relief to four families this year by covering their rent in January. “At Atlas, we are committed to engaging and giving back to the

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1900 Lawrence to Break Ground March 2022

1900 Lawrence, a 30-story, Class A office tower located in Denver’s West CBD submarket, has received the go-ahead to begin construction in March 2022. Riverside Investment & Development Company and Convexity Properties have partnered with Canyon Partners Real Estate LLC that made an $80 million preferred equity investment in the development concurrent with the closing of a

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NorthPeak Teams Up with Blue West Capital to Sell Western Slope Portfolio

On December 13, The Western Slope Portfolio — consisting of 143,377 total square feet made up of 59 single-family properties, 52 multifamily units and three industrial properties in Grand Junction — sold for $15,873,000 to an undisclosed buyer. Principals Scott Fetter & Joe Hornstein at NorthPeak Commercial Advisors, teamed up with Tom Ethington, managing partner at

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McWhinney Acquires 2nd Great Divide Brewing Co. Parcel in RiNo

Following McWhinney’s 2019 purchase of 2.5 acres of Great Divide Brewing’s 4.7 acres in RiNo, the developer has purchased a second 2.2 acre parcel at 35th Street & Brighton Boulevard with plans to develop. Part of the 38th & Blake Incentive Height Overlay, the site is zoned to allow for a mixed-use development of up to

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Aurora Apartment Community Sells for $29.5M

Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, recently announced the sale of The Harrison Apartments, a 119-unit multifamily community in Aurora, for $29.5 million. The Harrison, a 119-unit property located at 12000 East Kansas Drive, offers 1- and 2-bedroom units. Since its purchase in 2018, Pathfinder repositioned and

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Global Commercial Real Estate Firm Opens West Coast Hub in Denver

Chicago-based Vestian has announced the opening of a Denver office in the Denver Tech Center at 4600 S. Syracuse St. The company serves major domestic and international companies with offices throughout the U.S., Europe, India and China. The establishment of its new Denver office is a result of increased client needs as well as Vestian’s ongoing strategic growth plan objectives.

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GH Phipps Completes Denver Botanic Gardens Freyer–Newman Center

By Tim Spencer, GH Phipps The recently completed LEED Gold Freyer–Newman Center is the crowning jewel and final chapter of a four-phase master development plan at Denver Botanic Gardens. The Master Plan commenced in 2007 and was completed with the construction of the Freyer–Newman Center in 2020. GH Phipps Construction Companies was the general contractor for the

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