BrokerageFeatureHospitalityQ&A

The State of Hospitality: Q&A with Neville Rustomjee, President of Hotel Brokers America

The hotel industry was one of the hardest hit during COVID as travel was severely impacted and city, state, and federal health guidelines limited group gatherings. Many of the larger full-service hotels that hosted business meetings, and hotels close to convention centers located in the Central Business District (CBD) of cities across the U.S., were …

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BrokerageMultifamily

Iconic Apartment Tower in Denver’s Cheesman Park Trades for the First Time

The Corsican Apartments, an 82-unit high-rise in Denver’s Cheesman Park neighborhood, has sold for $31 million. Justin Hunt, Andy Hellman, Erik Toll, Chris Hart and Jessica Graham of CBRE represented the seller, the property’s long-time ownership group. Built in 1968, Corsican has one- and two-bedroom floorplans with an average unit size …

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FinanceMultifamily

Gantry Secures $32M to Refinance Colorado Multifamily Near Vail and Beaver Creek Resorts

San Fransisco-based Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $32 million of financing to recapitalize the River Run Apartments, a 117-unit multifamily community strategically positioned on the Eagle River with near equidistant access to the Vail and Beaver Creek mountain resorts from the town …

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ConstructionDevelopmentTransit

DEN Celebrates Opening of HNTB-Designed Concourse A-West

HNTB, an employee-owned infrastructure solutions firm, in partnership with Denver International Airport (DEN) officially cut the ribbon on the new Concourse A-West with a celebration last week. A-West supports DEN’s Vision 100 strategic plan to serve 100 million annual passengers within the next 10 years by increasing the airport’s overall …

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ConstructionDevelopmentEducation

GH Phipps Celebrates Completion of Marshdale Elementary School

GH Phipps has announced the successful completion of the new Marshdale Elementary School campus in Evergreen. The architect is Hord Coplan Macht. The new 68,875-square-foot, single-story elementary school features a more modern atmosphere in the classrooms and common areas including the gymnasium, performance art area, and cafeteria. New improvements have …

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BrokerageInvestmentRetail

Longmont Retail Center Sells for $73.8M

A 364,000-square-foot retail park located in Longmont has sold for $73.8 million. JLL Capital Markets represented the seller, a joint venture between Walton Street Capital and a regional operating partner, and a joint venture between Wafra, Inc. and Pine Tree acquired the asset. Working on behalf of the new owner, JLL …

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AwardsDevelopmentStudent Housing

City Heights Residence Hall Wins Downtown Denver Award

More than a year ago, CU Denver hit a major milestone when it opened its first on-campus residence hall dedicated to first-year students. Home to 555 Lynx, City Heights Residence Hall and Learning Commons brings to the downtown campus an affordable housing option and central hub for academic enrichment opportunities and peer-to-peer collaboration, while …

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Movers and Shakers

Movers and Shakers Week Ending 11.04.22

Kentwood Real Estate Announces Connor Donahue as a Senior Commercial Advisor for Kentwood Commercial Kentwood Real Estate, Colorado’s premier real estate brokerage, announced the appointment of Connor Donahue to senior commercial advisor of  Kentwood Commercial in Denver. As Senior Commercial Advisor, Donahue specializes in landlord representation, tenant and occupier services …

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ConstructionDevelopment

Phase 2 of DIA Great Hall Project Taking Shape

According to a construction progress update from Denver International Airport, the Great Hall Project has reached some significant milestones over the last several months as Phase 2 construction continues on the new security checkpoint in the northwest corner of Level 6. In August, the new escalator located on the west …

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BrokerageInvestmentOffice

‘Epic One’ Trophy Office Asset Trades in Colorado Springs

An affiliate of Boston-based Albany Road Real Estate Partners has made its first Colorado acquisition, purchasing Epic One, a premier Class A office building totaling 146,099 square feet in Colorado Springs. The five-story multi-tenant asset was approximately 87% leased at the time of sale. Located at 10807 New Allegiance Dr, …

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