Author name: milehighcre

Griffis Residential Secures $86M Refinancing for Denver Property

Griffis Residential has secured $86.05 million in financing for Griffis Union Station, its 400-unit, Class A multifamily community located at 2905 Inca St. in the heart of downtown Denver. Working on behalf of Griffis Residential, JLL placed the five-year senior agency loan, led by Senior Managing Director Eric Tupler, Senior Director Kevin Barron and Director Jake Martin. Griffis

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Denver Construction Costs Rise 4.55% Amid Split Market Conditions

Construction costs in Denver increased 4.55% year over year in Q3 2026, according to Rider Levett Bucknall’s latest Quarterly Construction Cost Report. Denver recorded the second-highest annual cost growth among the five major markets listed in RLB’s Central Region, behind Minneapolis at 4.78%. Austin recorded a 4.36% increase, followed by Dallas at 3.84% and Chicago at 1.74%. RLB

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PAULS Acquires Award-Winning Regency Plaza

PAULS, a Denver-based privately held real estate investment, development, and asset management company, has closed on the acquisition of Regency Plaza, a 15-story, 335,908-square-foot Class A office tower located at 4643 South Ulster Street in the Denver Tech Center. The building sold for $57.25, according to public records. The seller was Granite Properties. The purchase

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As Design Workshop Evolves, New Brand and Website

Design Workshop, an international landscape architecture and urban design firm, has launched a refreshed brand and website that better reflect the firm’s evolution, growth, impact, and vision for the future. Over the past five years, Design Workshop has achieved 92% revenue growth since 2020 and broadened its work across landscape architecture, urban planning and strategic

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34-Unit Affordable Housing Community Opens in Crested Butte

Mineral Point, a new 34-unit affordable rental community located at the north end of Crested Butte at 603 Butte Ave., celebrated its grand opening this week, expanding much-needed housing options for local residents and workers. Developed by TWG Development and designed by STUDIO Architecture, the community pairs affordable rents with energy-efficient homes built for life in a demanding mountain

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Pinkard Tops Out on the Daylight Collective Campus

With renovations more than halfway complete, Pinkard Construction has “topped out” on the new, expanded home for longtime community nonprofit, the Action Center. The milestone coincides with the public announcement of the new campus, named the Daylight Collective.  Inspired by the Action Center, the community hub brings a coalition of high-impact, mission-aligned partners together under

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Johnson’s Station Receives 2026 AIA Colorado Design Award

Johnson’s Station, a historic Northern Colorado adaptive reuse project designed by Longmont-based F9 Productions, has received an Honorable Mention in the 2026 AIA Colorado Design Award for Historic Preservation and Restoration. The project was one of just 17 projects recognized statewide in the 2026 AIA Colorado Design Awards and was honored in the Historic Preservation

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Colorado Cities Experiencing Declining Annual Rents

In September, every Colorado market in the Zumper National Rent Index report posted an annual rent decline greater than 5%: Denver (-7.3%), Aurora (-7.7%), and Colorado Springs (-5.4%). As of January, occupancy sat below the national rate, with Denver at 92.9% and Colorado Springs at 93.2%. This suggests the market is still working through new

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BWE Secures Acquisition Financing for Premier Fort Collins Flex Portfolio

BWE, a national commercial and multifamily mortgage banking firm, secured a $27.3 million loan to finance the acquisition of Prospect Innovation Campus, an 11-building, 226,461-square-foot light industrial flex/R&D portfolio located in Fort Collins. Peter Keepper, SVP, and Summer McSwain, transaction manager, in BWE’s Denver office, originated the loan from a life insurance company relationship on

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Denver Retail Investment Activity Rises 20% as Market Shows Resilience

Marcus & Millichap has published its Q3 2026 Denver Metro Area Retail report. “Denver’s resilient household spending capacity and restrained development pipeline continue to attract investment, even as retailers navigate softer near-term demand,” said Adam Lewis, senior managing director, market leader. Key findings include: “Investors are demonstrating confidence across property types and price ranges, while limited

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