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Elevate Real Estate Services Announces Two New Property Management Assignments

Leave a Comment / Office, Property Management, Retail /

Elevate Real Estate Services, an independent firm offering comprehensive management solutions with a personal touch and extensive experience in property and asset management, has received two new property management assignments: the Pecos Square Retail Center and a single-tenant office building located in Centennial. Pecos Square is a 10,729-square-foot retail center, located at 38th and Pecos […]

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Two Fort Collins Multifamily Properties Sell for $64.5M

Leave a Comment / Brokerage, Multifamily /

According to CBRE, Landmark and Stone Creek, two multifamily properties in Fort Collins, have sold to Franklin, Tenn.-based Brickstone for $64.5 million in total consideration. Dan Woodward, David Potarf, Matthew Barnett and Jake Young of CBRE in Denver represented the seller, Summit Management Services, in the transaction. Landmark is a 120-unit garden-style community located at 1050

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Hospitality at Work® Acquires Boulder-Based Keys Commercial

Leave a Comment / Brokerage, Property Management /

Hospitality at Work, a Denver-based commercial property management company and a wholly owned subsidiary of Lowe, has acquired Keys Commercial, a property manager and commercial brokerage based in downtown Boulder. Keys currently manages multiple institutional quality commercial properties in Boulder/Broomfield and in the Denver market.  These buildings will join the Hospitality at Work portfolio of

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Multifamily Development Near Sloans Lake Secures Additional Construction Financing

Leave a Comment / Brokerage, Construction, Development, Finance, Multifamily /

To help bridge a financing gap caused by the COVID-19 pandemic, developer Highland Development Co. has secured $9.3 million in financing for Signalmen Apartments, a 52-unit multifamily project in Denver’s West Colfax neighborhood. Tributary Capital arranged an $8 million construction loan through First Western Trust with a 75% loan-to-cost ratio and provided $1.3 million in preferred equity to

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Denver Hotel Market Shows Signs of Recovery

Leave a Comment / Hospitality, Reports /

The continued rollout of COVID-19 vaccinations and additional stimulus funds have strengthened the foundation for the recovery of the U.S. lodging industry. According to the February 2021 edition of Hotel Horizons®, CBRE Hotels Research is forecasting an average national occupancy level of 43.0% during the first half of 2021, accelerating to 55.1% in the second

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Historic 6th Ave Retail Property Sells for $4.7M

Leave a Comment / Brokerage, Investment, Retail /

Unique Properties Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, brokered the sale of Firehouse Square, a multi-tenant retail/office property located at 1038 E 6th Ave in Denver. The property sold for $4,750,000 or $486 per Square Foot. The seller, RAK Investments Inc, was represented by Michael DeSantis and Brett Mac Dougall,

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Emily Griffith Technical College Announces New Construction Pathway

Leave a Comment / Construction, Education, Events /

Emily Griffith Technical College just announced a new construction pathway, Virtual Design Construction Academy, which will launch in Fall 2022. Virtual design construction is a new, fast-growing process in the construction industry that uses advanced technology to create virtual models of buildings to improve the construction process. The school is holding a virtual open house on

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Movers and Shakers

Movers and Shakers Week Ending 05.07.21

Leave a Comment / Movers and Shakers /

Lukasz Dubaj Named Senior Business Development Manager for Mortenson Denver Mortenson, a top-20 U.S. builder, developer and energy and engineering services provider, announced Lukasz Dubaj has been promoted to senior business development manager on its Denver team. “The talent we cultivate on our leadership team is one of the keys to our success and our

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Downtown Denver

Prosper CO Hosts Discussion on Housing Affordability

Leave a Comment / Affordable Housing, Development, Events /

On Tuesday May 4, the Denver Metro Chamber of Commerce and JP Morgan Chase hosted elected officials, housing experts and business leaders for Prosper CO: A Conversation on Allowing Duplexes in Single-Family Zoning with Minneapolis Mayor Jacob Frey. The discussion focused on Minneapolis’ 2018 decision to allow for the construction of duplexes and triplexes in areas previously zoned

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Pinnacle Real Estate Advisors Wins Top Workplace Award

Leave a Comment / Awards, Brokerage /

Pinnacle Real Estate Advisors has been awarded a Top Workplaces honor by The Denver Post for the third consecutive year and fourth time overall. This award for 2021 highlights our commitment to creating an amazing workplace culture that attracts the best talent in the Denver area. We are proud to say that our employees believe

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