On July 14 CREW Denver held its Mid-Year Economic Forecast and happy hour at the University of Denver Knoebel Events Center. Patty Silverstein, president and chief economist of Developmental Research Partners, gave her economic forecast for 2021 which included trends in the commercial real estate and construction industry. Silverstein shared a presentation about tracking the great […]
CREW Denver Holds Mid-Year Economic Forecast Read More »
By John Shaw An increasing number of businesses are boosting cash flow while also differentiating their business. They are investing in solar to capture waning tax benefits, reduce operating expenses (OpEx), and meet environmental, social and governance (ESG) criteria. Navigating the complexities of a solar capital energy improvement can be challenging, so we’ve answered some of the most
Common Questions About Commercial Solar Energy Read More »
The Westin Riverfront Resort & Spa Avon, Vail Valley recently completed a $1.5 million refresh of its lobby, front desk and outdoor spaces, including new terrace furniture and fitness equipment. With a grand three-story glass wall highlighting the resort’s stunning view of Beaver Creek Mountain, The refreshed Westin Riverfront lobby offers a stylish & comfortable mountain
Vail’s Westin Riverfront Resort & Spa Unveils $1.5M Lobby & Outdoor Space Renovation Read More »
A joint venture between national investment, development, and asset management firm PMG and Toronto-based private equity and asset management firm Greybrook Realty Partners, announced last week that they have purchased the Denver7 building on the 2.3 acre site at 123 Speer Blvd. for $35 million. PMG and Greybrook will develop Society Denver, a 600-unit mixed-use project
PMG and Greybrook Realty Partners Acquire 123 Speer Blvd for $35M Read More »
Hines and partner Trez Capital have broken ground on Parterre, a new master-planned community in Thornton that will include for-sale single family, paired homes and multifamily units, as well as a mix of commercial and retail uses. Spanning across nearly 800 acres, the development will feature nearly 3,000 residential homes in total. Parterre will also
Groundbreaking: Parterre Master-Planned Community in Thornton Read More »
Hoff & Leigh Continues Growth with New Broker Hoff & Leigh Denver announced the addition of Steve Cummock as an associate broker to the agency. After earning his master’s degree in Exercise Physiology and Biomechanics from the University of Northern Colorado, Mr. Cummock was a personal trainer and coached D1 collegiate athletes. He began his real estate career in
Movers and Shakers Week Ending 07.16.21 Read More »
In one of the largest direct lease transactions signed so far this year in Southeast Denver, Harbor Associates has signed Colorado-based enterprise software pioneer Nextworld to a long-term lease for 53,546 square feet at Vista 25 at Arapahoe Station (“Vista 25”) in Greenwood Village. Under the terms of the lease Nextworld will establish its new corporate
Ares Management Corporation announced today that its managed fund, Black Creek Industrial REIT IV, has closed on the acquisition of 48 industrial properties totaling 8.3 million square feet. The properties were purchased from affiliates of real estate investment trust Prologis, Inc. for approximately $920 million. “This transaction demonstrates our continued commitment to the industrial sector, which is
Black Creek Industrial REIT Acquires 48 Industrial Assets for $920M Read More »
Boulder-based developer Mountain View Capital has received a $50 million construction loan for the development of Polaris Wadsworth Station Apartments, a 276-unit, to-be-built, luxury, garden-style multi-housing community in Broomfield. Senior Director Kristian Lichtenfels with JLL represented Mountain View Capital, in arranging a five-year, floating-rate loan with a national bank. With an anticipated completion date of January
Local Developer Receives $50M Construction Financing for Broomfield Apartment Project Read More »
Alliance Construction Solutions (Alliance) has broken ground on Stanley Residential—a collaboration between Westfield, Shears Adkins Rockmore (SAR+), and Alliance. The 190,000-square-foot project, located just south of Stanley Marketplace in Aurora, will provide two 4-story buildings and include 168 Class A apartments with a boutique approach to amenities targeting the workforce housing demographic. “The Alliance team is
Alliance Construction Solutions Breaks Ground on Stanley Residential Read More »
