MileHighCRE-PNG
Instagram Facebook-f Twitter Linkedin

Author name: milehighcre

Ares Management Corporation to Acquire Black Creek Group

Leave a Comment / Advisory, Brokerage, Industrial /

Ares Management Corporation (“Ares”) has entered into a definitive agreement to acquire 100 percent of Black Creek Group’s U.S. real estate investment advisory and distribution business, a leading Denver-based real estate investment management firm. Founded in 1993, Black Creek had approximately $11.6 billion of assets under management, as of March 31, 2021, in core / core-plus real […]

Ares Management Corporation to Acquire Black Creek Group Read More »

Colorado Faces One of the Highest Rates of Foreclosure or Eviction

Leave a Comment / Multifamily, Rent, Reports /

High housing costs, a potential end to a moratorium on evictions and prolonged unemployment have many Americans worried about keeping a roof over their heads. A recent study by QuoteWizard by LendingTree, LLC  found that nationwide, nearly 25 percent of people (1 in 4) are worried they will face foreclosure or eviction in the next two

Colorado Faces One of the Highest Rates of Foreclosure or Eviction Read More »

Grand Opening: X Denver Co-Living Apartment Community

Leave a Comment / Development, Events, Hospitality, Multifamily /

X Denver, an 813-bed apartment building located within blocks of Coors Field, welcomed the first of its residents this spring and will be celebrating the grand opening of its membership-based club next month. X Denver residents receive a complimentary membership to the X Club included in their lease agreement and non-residents may purchase a membership for $275

Grand Opening: X Denver Co-Living Apartment Community Read More »

Movers and Shakers Week Ending 05.21.21

Leave a Comment / Movers and Shakers /

Polsinelli Adds to Construction Practice with Three New Shareholders Am Law 100 firm Polsinelli is growing its national Construction Practice with the addition of three new Denver-based shareholders, Steve Gurr, Adam Lewis and Cindy Lowery-Graber. As new members of Polsinelli’s Real Estate & Financial Services Department, the trio brings decades of combined experience in construction and real estate

Movers and Shakers Week Ending 05.21.21 Read More »

Aurora Apartments Fetch $103M

Leave a Comment / Brokerage, Multifamily /

CBRE Global Investors, on behalf of a separate account client, has purchased The Fletcher Southlands, a 320-unit multi-housing property in Aurora, for $103.3 million, according to property records. JLL represented the seller, a partnership between Origin Investments and Aegon Real Assets U.S., to complete the sale to CBRE. The Fletcher Southlands is a garden-style apartment community that

Aurora Apartments Fetch $103M Read More »

RISE Grant Brings Construction Career Pathways to Adams County 

Leave a Comment / Construction, Education /

Adams County School District 14 (Adams 14) recently received a $2.1 million RISE Grant from the State of Colorado to improve student outcomes by expanding their Careers in Technical Education (CTE) offerings and work-based learning opportunities for their students. The grant formalizes a public-private partnership between Adams 14, Front Range Community College – a post-secondary

RISE Grant Brings Construction Career Pathways to Adams County  Read More »

Grand Opening: Peak MOB on Parker Adventist Medical Campus

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

Vertix Builders, a culture-focused construction company, has successfully completed construction of the new Peak medical office building (MOB) on the Parker Adventist Medical Campus. The company celebrated along with doctors and staff and a team that included RTA Architects, Med Development and Parker Adventist, during a ribbon cutting ceremony. Peak MOB is a $25 million, four story, 86,000-square-foot building

Grand Opening: Peak MOB on Parker Adventist Medical Campus Read More »

Sale of Denver-Area Portfolio Demonstrates Demand for 1031 Exchanges

Leave a Comment / Brokerage, Multifamily /

A three-property portfolio located in Westminster, Wheat Ridge and Commerce City, has sold for a total of $3,115,000 to separate buyers. 7030 Stuart St. in Westminster sold for $1,900,000; 7101 E 60th Way in Commerce City sold for $1,530,000; and 3715 Pierce in Wheat Ridge sold for $1,685,000. Boomer Beatty and Peter Standley, both investment

Sale of Denver-Area Portfolio Demonstrates Demand for 1031 Exchanges Read More »

Nine Newmark Multifamily Investment Brokers Move to CBRE

Leave a Comment / Brokerage, CRE People, Multifamily /

CBRE announced today that Colorado’s market-leading multifamily investment sales team is joining the firm’s Denver and Colorado Springs offices. The team of nine—with nearly 150 years of combined multifamily real estate experience—joins CBRE from Newmark. Terrance Hunt, Shane Ozment, and Chris Cowan join CBRE Capital Markets as vice chairmen, along with Justin Hunt, Andy Hellman, Spencer

Nine Newmark Multifamily Investment Brokers Move to CBRE Read More »

Aging Critical Systems Replaced at Denver’s Granite Tower

Leave a Comment / Construction, Development, Engineering, Office, Renovation /

Transwestern Real Estate Services (TRS), KBS and Haynes Mechanical Systems, Inc recently completed a highly technical project to update aging essential equipment located on the roof of Granite Tower, one of the most iconic office properties in downtown Denver. The 31-story, 593,527-square-foot Class A office property located at 1099 18th Street in Denver received new cooling systems. The 40-year-old cooling

Aging Critical Systems Replaced at Denver’s Granite Tower Read More »

Scroll to Top