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Rocky Mountain Commerce Park in Eagle County to Break Ground this Spring

Leave a Comment / Construction, Development, Industrial /

Fortius Capital, a real estate private equity, services and development company, recently secured funding for the development of a 28-acre light industrial subdivision and commerce park directly across from the Eagle County Regional Airport in Gypsum, Colorado. Rocky Mountain Commerce Park (“RMCP”) is subdivided into 13 lots ranging from one to twelve acres, and serves […]

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New Case Study Details Success of CRE Underwriting Automation

Leave a Comment / Brokerage, Technology /

Bellwether Enterprise (BWE) — a national, full-service commercial and multifamily banking company that provides flexible, competitive market rate and affordable financing solutions — recently implemented the Clik.ai AutoUW software system across its servicing and origination teams, in order to make its underwriting and financial review processes more efficient, while maintaining the quality and consistency of deliverables.

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Transit Oriented Multifamily Asset in Arvada Sells to The Praedium Group

Leave a Comment / Brokerage, Multifamily, Transit /

With new apartment communities few and far between in Arvada, New York-based The Praedium Group seized the opportunity to purchase Gateway Arvada Ridge, a Class A, 296-unit multifamily asset located at 5458 Lee Street in Arvada. Newmark Vice Chairmen Shane Ozment, Terrance Hunt and Chris Cowan represented the seller, Embrey, who developed the property, completing the project in 2019. “Our

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Denver Ranks 5th Among Hottest Markets for Multifamily

Leave a Comment / Multifamily /

Over the past decade, the price-per-unit (PPU) for multifamily properties surged 156 percent, reaching nearly $160,000. This increase surpassed both median home sale prices and rental rates. The latest CommercialSearch study compared and ranked the most active U.S. metros in terms of multifamily sales since 2009. Here are some highlights: Denver is the fifth hottest

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MOA Announces 2020 Dimensions Award Winners

Leave a Comment / Architecture, Awards, Construction, Development, Engineering /

Denver-based MOA ARCHITECTURE has announced the 2020 recipients of its annual MOA Dimensions Awards. In addition to high-quality job performance, these awards acknowledge the overarching values and attitudes that the firm holds in common with their collaborators, including a commitment to live and work with the highest character, respect, and integrity as well as an

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City Prepares Bond Issuance for National Western Center

Leave a Comment / Construction, Development /

The City and County of Denver will pursue issuance of the remaining $274 million in voter-approved revenue bonds to support construction of the National Western Center campus and the Colorado Convention Center Expansion projects. The investment in the two programs is expected to have an estimated $10 billion economic impact on the regional economy and

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Multiple Residential Developments Under Construction at Gateway Landing in Green Valley Ranch

Leave a Comment / Affordable Housing, Construction, Development, Multifamily /

Equity Ventures Commercial Development and project partner Wall Development Group have begun construction on multiple residential developments — including affordable housing — at the 34-acre Gateway Landing mixed-used development in Green Valley Ranch. In addition to the residential offerings, the development partners will also introduce a regional park for residents, local employees and visitors to enjoy

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Residential Brokerage Firm Expands in Denver

Leave a Comment / Development /

Slifer Smith & Frampton Real Estate (SSF) – a brokerage firm in Colorado serving resort communities throughout the mountains for nearly six decades – has expanded their general brokerage services to the Denver metro area. The company, which recorded $3.6 billion in sales volume in 2020, will infuse substantial capital, as well as the resources of its network of 250+ brokers and 100+ support staff, to its Denver-based brokerage services with the goal of building the

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Aberdeen Construction Completes Clifton Larson Allen Office Space

Leave a Comment / Construction, Office /

Speed to occupancy was the primary requirement for Greenwood Village’s Clifton Larson Allen (CLA), at Crescent 7, a Class A office building at 8390 East Crescent Parkway. The financial services firm had a move-in date only twelve weeks from the start of construction post demolition. Denver-based Aberdeen Construction, specializing in tenant finish and ground-up new construction,

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Fentress Architects Announces International Student Design Competition

Leave a Comment / Architecture, Awards, Design, Development, Engineering /

Denver-based Fentress Architects is accepting entries to its 2021 Fentress Global Challenge (FGC), paving the way for students to re-imagine the future of airport terminal design and mobility. Now in its 8th year, the annual international student design competition challenges students to envision a forward-thinking concept for an airport of the future, and in turn, stimulate innovative

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