Author name: milehighcre

Movers and Shakers Week Ending 06.04.21

Rowland+Broughton Architecture / Urban Design / Interior Design Welcomes Four Team Members to Ownership   Rowland+Broughton Architecture / Urban Design / Interior Design announced this week that four associate team member have become owners in the firm. Associates Craig Lawrence, AIA, Will Otte, LEED, Leslie Cope, IIDA, and Steve Harris, AIA, NCARB, LEED AP, became […]

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Denver Gin Distillery Moves to Dairy Block

Gin distillery Deviation Distilling will relocate from the Baker neighborhood to LoDo this summer. The distillery and lounge will occupy 1,791 square feet at Dairy Block. “We are forever indebted to the Baker community – the neighborhood has been an incredible home for the past two years,” said Deviation Distilling Co-Founder Cindi Wiley. “However, Dairy Block is an

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Revesco Properties Launches Mutual Fund Trust

Revesco (USA) Properties, LP, a focused, nimble and responsive boutique real estate investment and management firm with offices in Denver and Vancouver, has successfully launched Revesco Properties Trust, a U.S. dollar denominated open ended mutual fund trust. The long-term goal of the REIT is to acquire $1 billion of core-plus, value-add, distressed debt, and development assets.

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Cherry Creek North’s $150M Phased Development to Break Ground

200 Clayton, Cherry Creek’s newest Class A commercial office space by Broe Real Estate Group, will officially break ground in August 2021. The eight story, 76,000-square-foot mixed use project in the heart of Cherry Creek North marks the first phase of Broe’s expansive Clayton Street redevelopment. “200 Clayton is a high-quality, generational asset designed to meet high market demand for contemporary class A office

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McWhinney Acquires Foothills Mall in Fort Collins

McWhinney, together with its joint venture partner, LA-based Prism Places, has purchased the Foothills mall property in Fort Collins. The partnership’s goal will be to determine what opportunities exist to enhance the center into a thriving destination for the region and fulfill the city’s vision for Foothills. Foothills is a 63-acre property located at 215 Foothills

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Lifestyle-Focused Multifamily Residences Break Ground in Northglenn

A collection of multifamily residences have broken ground at Southern Land Company’s (SLC) Karl’s Farm development located at 1801 E. 120th Avenue in Northglenn. SLC will invest more than $90 million into the City of Northglenn with the project, building a total of 385 townhomes and studio, one, two, and three-bedroom apartment homes. “It is a thrill

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Denver-Based Hotel Company Acquires Two Marriott Hotels in Lakewood

In a joint venture with Dallas-based Bedford Lodging, Denver-based Five Senses Hospitality— a hotel company launched by Chris Manley, the former COO of Stonebridge Companies, in 2020—has acquired a Residence Inn by Marriott and a Courtyard by Marriott in Lakewood, bringing Five Senses’ portfolio to eight properties, totaling more than 600 rooms. “These two acquisitions integrate well with

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Virginia-Based Willow Creek Makes First Acquisition in Denver

Virginia-based Willow Creek Partners (Willow Creek) recently purchased The Croft Apartment Homes, a 138-unit mid-rise property located at 7200 E. Evans Ave., Denver, for $29.5 million, marking their first acquisition in the region. “Denver has long been a high priority market for us, and The Croft represents the perfect entrance into the region,” said Matt Brady, CEO

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Mile High Climber: Rob Bain, Director at Cushman & Wakefield

Mile High CRE is excited to announce that June’s Mile High Climber is Rob Bain, director at Cushman & Wakefield. Mile High Climbers are industry professionals who are new to their field or are in the early years of the profession. They innovate, inspire, collaborate, and take risks. They are future leaders and change makers. And

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Governor Polis Signs Rent Control Bill for Affordable Housing Units

Last week, Governor Polis signed CML-initiated legislation HB21-1117 into law that will give local governments an enhanced ability to control rents in new or redeveloped affordable housing units. Under the bill, cities and counties may plan for and regulate the use of land, including the authority to regulate development or redevelopment in order to promote

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