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Colorado Leads the West for Commercial Bankruptcy Filings

Leave a Comment / Hospitality, Rent, Reports /

According to the Denver Post, a report from Resolute Commercial Services finds that Colorado leads other states in the Mountain West for the most medium sized company bankruptcy filings. Across nine states, Resolute counted 60 business bankruptcies by firms with $1 million or more in liabilities. 28 percent were in Colorado. Businesses in the real estate and rental industries, manufacturing and […]

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Rocky Mountain Real Estate Challenge

Major Restoration on Tap for Denver’s South Platte River

Leave a Comment / Construction, Design, Development, Engineering, Landscaping, Sustainability /

A leader in river restoration and development, S2O Design and Engineering has been selected to execute a signature component of downtown Denver’s River Mile development—the restoration of the iconic South Platte River. The effort will incorporate sustainability, aquatic and riparian habitat enhancements, and flood control along a more than 1-mile-long stretch of the waterway. River

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Denver Renters Rebounding While Concessions Remain High

Leave a Comment / Multifamily, Rent, Reports /

New data shows a record number of Denver renters are searching for a new place to live on Apartments.com — the leading online apartment listing site with nearly 14,615 apartments listed in the Denver area. Prospective renters are enthusiastic about the market, searching for cheaper rents, taking advantage of increased concessions, and looking for properties with more space. This increase in consumer optimism

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Multifamily Development Coming to Central Park Master Plan

Leave a Comment / Brokerage, Development, Land Sales, Multifamily /

Mid-America Apartment Communities, a publicly traded real estate investment trust based in Memphis, Tennessee, has purchased a 26.92-acres of vacant land at the South East Corner of Central Park Boulevard and Northfield Boulevard in Denver. The tract is in the Central Park master plan, formally known as Stapleton, and is entitled for multifamily development. A sale price was

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24-Unit Apartment Property in Denver Sells for $4.85M

Leave a Comment / Brokerage, Multifamily /

The Olive Tree Apartments, a 24-unit multifamily property located at 2550-2560 Ogden Street near Denver’s historical Five Points District, have sold for $4,850,000. The 24-unit building consists of a rare mix of 1, 2, 3 & 4 bedroom units. The property is separately metered for gas & electric, and includes a tenant off-street parking lot. The apartments are

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Semple Brown Receives 5 Interior Design Awards

Leave a Comment / Awards, Design, Events /

Denver-based interior design firm Semple Brown, was recently honored with five awards by The IIDA RMC (International Interior Design Association, Rocky Mountain Chapter) during the association’s annual BESTawards virtual event. BEST is a design excellence awards program that recognizes interior design projects going beyond a pretty picture and truly encompassing Brilliantly Executed Spaces and Thinking. Of

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Rethinking Community Service in a Pandemic

Leave a Comment / Community Involvement, Construction, Development, Feature /

By Christina Zavislan To say this year has been full of challenges would be an understatement. But it is how we respond to those challenges that says everything about our character – as individuals, as neighbors, as a business community, and as a country. When it comes to Mortenson’s community outreach program, like many companies,

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Denver’s Tech Industry Proves Resilient During Pandemic

Leave a Comment / Office, Reports, Technology /

According to CBRE’s annual Tech-30 report, tech remains the strongest driver of office-leasing activity in Denver, propelled by robust high-tech job growth and moderate office rent growth, compared to other leading tech hubs. The Tech-30 report measures the industry’s impact on office demand and rents in the 30 leading tech markets in the U.S. and Canada. Net absorption

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Peak Development Group Assumes Ownership of Colorado’s First Geosolar Community

Leave a Comment / Construction, Development, Energy, Sustainability /

Peak Development Group, a Denver-based real estate developer focused on well-located and unique residential, commercial, hospitality and multi-family projects, announced the firm has acquired Colorado’s first geosolar community, Geos Neighborhood, in Arvada. Peak Development, in partnership with co-developer Laudick & Laudick Engineering, LLC, plans to complete the public infrastructure and partner with the local homebuilding

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Boulder Switches to a Renter Majority Market; Denver Still Favors Homeownership

Leave a Comment / Rent, Reports /

The past decade witnessed a shift in the apartment market. According to a new RentCafé study, renting entered a downward trend in the latter half, going from 111 million renters mid-decade to 107 million by 2019. Despite this shift, 23 large and mid-sized cities transitioned to a renter majority, while homeownership took over 12 cities, after rebounding to

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