Author name: milehighcre

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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Retail Portfolio in Northern Colorado Sells for $10.3M

Neighborhood Equities, LLC, has purchased three multi-tenant shopping center properties located in Northern Colorado, for $10.12 million. Combined, the properties total just over 60,000 square feet and include Oakridge Shopping Center in Fort Collins and The Shops at Westwood and Windsor Town Center II, which are both located in Windsor. Avison Young Principals David Maling and

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Vertix Builders Completes Robotic Hybrid Operating Room at Rose Medical Center

Niche healthcare construction company Vertix Builders recently completed the installation of a Robotic Hybrid Operating Room at Rose Medical Center, to help assist doctors with minimally invasive procedures and live picture X-rays during surgeries. The mobile platform, on which a GE X-ray camera is set, is based on a derivative of Amazon automated warehouse technology, providing

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Movers and Shakers Week Ending 05.28.21

Sean Kemper Named Project Engineer at Taylor Kohrs Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, announced it recently hired Sean Kemper as a project engineer. He previously worked as an intern in the estimating and operations departments. In his role as project engineer with Taylor Kohrs, Kemper is responsible for coordinating between

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CU South Denver Campus Listed for Sale

The University of Colorado’s South Denver facility, a 175,780-square-foot, Class A, mixed-use building in Lone Tree, has been listed for sale. The news comes following an announcement made by CU back in September 2020 that the facility was no longer financially viable. JLL has been named to lead sales efforts for the building. The offering presents a

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Lone Tree’s First Affordable Housing Project Breaks Ground

On Tuesday May 25, Koelbel and Company, Coventry Development Corporation, the City of Lone Tree, and the Colorado Housing and Finance Authority celebrated the groundbreaking of the first affordable housing project in Lone Tree. Koelbel & Company recently received a highly competitive CHFA financing award for the project, which will be located right at the RTD

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How a Dog Can Change Lives: Precision Contractors’ Focused Approach to Community Involvement

By Peter Hodges The team at Precision Contractors takes pride in the broader impact their construction projects have on the communities around them. Their clients’ investments in building new buildings create dozens of new jobs and new revenue for each neighborhood. To expand the positive impact Precision can make, Bob Hibbard, Precision Contractor’s president/CEO, is always looking

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Groundbreaking: 400-Acre Industrial & Logistics Park Near DIA

Shovels struck dirt yesterday at HighPoint Elevated, the 400-acre industrial and logistics park being developed by Hyde Development and Mortenson, located at the interchange of E-470 and East 64th Avenue near DIA. Building 1, a 541,840-square-foot speculative building broke ground and is slated to deliver in the second quarter of 2022. “The master plan for HighPoint

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