By Rachel Mountain For commercial property owners with triple net leases (NNN), recouping the costs of a capital energy improvement can be a barrier to making sustainable investments. Typically, these improvements lower the tenants’ utility bills in NNN leases, so the owner is not financially incentivized to invest in those improvements. This is known as the “split incentive.” […]
How to Overcome the Split Incentive with Solar Read More »
McKinstry, a national construction and energy services firm, and Fremont RE-2 School District, in consultation with the Colorado Energy Office, have partnered on a $3.2 million project that includes a ~500kW solar PV ground-mounted array to serve the high school and nearly $350,000 in technical services including a two-year student and staff educational program. “McKinstry
McKinstry and Fremont RE-2 School District Partner on Utility Savings Project Read More »
Unico Properties has completed a $4 million renovation of the four-story, 71,216-square-foot Crystal Building along Boulder’s famed Pearl Street Mall. Avanti, a local food hall, recently opened its second location in the building. “Pearl Street Mall continues to be the social heartbeat of Boulder, and the Crystal Building has long been a defining landmark on the east
Renovation of Boulder’s Crystal Building Complete Read More »
Construction has begun for the development of Art District Lofts located at 1275 Santa Fe Drive in Denver. The entitled eight-story project will include 115 apartment units and 2,622 square feet of ground-floor retail space. Parkview Financial provided a $26 million construction loan to developer CRE Development Investments. Completion is anticipated for December 2021. Situated
115-Units at Affordable Price Point Under Construction in Santa Fe Art District Read More »
Denver’s construction slowed in the third quarter and construction costs increased, according to international property and construction consultancy firm Rider Levett Bucknall (RLB). The firm’s latest Crane Index and Quarterly Cost Report provide an insightful look at the North American construction industry in 14 key markets. According to the report, there was a decrease in the quantity of
Denver Sees Decrease in Number of Cranes and Increase in Construction Costs in Q3 Read More »
Westminster’s 252-unit Toscana Apartments, located at 84th and Sheridan, has received a $42 million investment that will ensure the community remains affordable for the long-term. Maiker Housing Partners, a progressive housing authority and socially conscious community developer in Adams County, and The Community Development Trust (“CDT”), a national investor in affordable housing, have formed a
Affordable Housing Community in Westminster Gets $42M Investment Read More »
Property mapping technology company Engrain, has raised $3.7 million in new funding to fuel its national expansion. The round was led by RET Ventures, an industry-backed venture fund focused on single- and multi-family rent tech, along with participation from existing investors. For Engrain, the funding validates the success of the company’s recent strategic expansion. Founded a
Denver-based Property Mapping Tech Company Raises $3.7M to Fuel Expansion Read More »
The Lofts at Lincoln Station apartment building located at 9375 Station Street in Lone Tree, has sold for $30.5 million. Boston-based Eaton Vance purchased the property in a sale that closed Sept. 30. Built in 2015, Lofts at Lincoln Station totals 102 units. The four-story building offers one- and two- bedroom apartments with an average unit size of 787
Lofts at Lincoln Station Sells for $30.5M Read More »
ACEC Colorado Honors Young Professional of the Year The American Council of Engineering Companies of Colorado (ACEC Colorado) honored Ryan Loftus, PE (Sterling Design Associates – Littleton) as the Young Professional of the Year at its virtual Leadership Development Program Graduation ceremony on Aug. 13. The Young Professional of the Year Award recognizes the notable
Movers and Shakers Week Ending 10.02.20 Read More »
Pinkard Construction Company, the Atlantis Community Foundation and Ratio/Humphries Poli Architects, celebrated the grand opening of the new $16.5 million Atlantis Apartments I at 201 S. Cherokee, in the Baker neighborhood of Denver. Located two blocks from the Alameda light rail station, Atlantis is a 69,212-square-foot mixed-use facility with first-floor office space and three floors of residential space
Pinkard Completes Construction of Atlantis Apartments Mixed-Use Development Read More »
