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Broadmark Realty Capital Originates Construction Loan in Fort Collins

Leave a Comment / Construction, Development, Finance, Industrial, Multifamily, Retail /

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

Leave a Comment / Brokerage, Finance, Multifamily /

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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The Neenan Company Secures Sales for 94% of Commercial Space at The Plaza at Riverbend

Leave a Comment / Development /

Despite the economic impact of the COVID-19 pandemic, Fort Collins-based developer and design-build firm The Neenan Company has successfully closed on sales for 94 percent of the commercial space in its mixed-use retail development project in Timnath, Colo. Named The Plaza at Riverbend, the project represents Timnath’s first neighborhood commercial development, delivering retail, office and restaurant condos owned and operated by

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JE Dunn Completes CU Denver Student Housing and Learning Commons Project

Leave a Comment / Construction, Development, Education, Events, Student Housing, Sustainability /

JE Dunn Construction recently joined the University of Colorado Denver, Stantec, and other members of the design-build team to celebrate the delivery of the brand-new CU Denver City Heights Residence Hall and Learning Commons project. Construction on the project started in December 2019 and despite the impacts and challenges from the COVID-19 pandemic, the project

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Fitzsimons Innovation Community Breaks Ground on Bioscience 5 Building

Leave a Comment / Construction, Development, Health, Healthcare /

Fitzsimons Innovation Community—the largest and most ambitious research community of its kind in the Rocky Mountain Region—has broken ground on a new cell and gene therapy manufacturing building at the 125-acre science and technology campus in Aurora. Bioscience 5 will provide 90,000 square feet of flexible space designed to cater to the life sciences, a

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Movers and Shakers Week Ending 08.13.21

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Swinerton Colorado Announces Employee Promotions Swinerton, a 100 percent employee-owned national general contractor, announced the following employee promotions of the Colorado division: Chad Holajter has been promoted to operations manager. He joined Swinerton in 2017, with a decade of experience in project management. Chad most recently managed the team that built the Block 162 office

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Office Property in Grand Junction Sells for $6.3M

Leave a Comment / Brokerage, Office /

The Liberty Center, a 23,575-square-foot office property located in Grand Junction, recently sold for $6,295,000. Brandon Kramer and Spencer Mason, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The investor, a limited liability company, was secured and represented by Greg Price and

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Two Buildings Refinanced at S’Park in Boulder

Leave a Comment / Brokerage, Finance, Office /

Two newly constructed properties that are part of the S’PARK master-planned community in Boulder, have been refinanced. PGIM Real Estate provided a $77 million loan—done through its U.S. core-debt strategy—to the joint venture of The John Buck Company, Kinship Capital, and Element Properties. The first property, Timber, features 150 luxury multifamily units and 2,000 square feet of

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