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U.S. Hotel Market May Not Recover Until Late 2021 or Early 2022, says Report

Leave a Comment / Hospitality, Reports /

Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, has released its Mid-Year U.S. Hospitality Report, which predicts that the U.S. Hospitality Market may not recover until late 2021 or early 2022. Julie Fugitt-Schultz, CCIM, director of Hospitality Valuation for Integra Realty Resources and national practice leader […]

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17-Unit Apartment Community Sells in Congress Park

Leave a Comment / Brokerage, Multifamily, Rent /

Lord Stanley Apartments, a 17-unit apartment community in Denver’s Congress Park neighborhood, has sold for $3,141,000. Boomer Beatty and Peter Standley, vice president investments in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a private investor. Beatty and Standley also secured and represented the investor.

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RE/Max Acquires Fintech Company Wemlo

Leave a Comment / Mortgage /

RE/MAX Holdings, Inc., the parent company of franchisors RE/MAX® and Denver-based Motto Mortgage®, announced this week the acquisition of Florida-based wemloSM, an innovative fintech company that provides third-party mortgage loan processing services. Wemlo is a 20-month-old startup that’s reshaping mortgage loan processing in the mortgage broker channel. The company developed the first “Service Cloud” for mortgage brokers, combining third-party

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AQYRE Real Estate Advisors Brokers the Sale of Four Denver Multifamily Properties

Leave a Comment / Brokerage, Multifamily /

This week, Denver-based AQYRE Real Estate Advisors, LLC, a boutique firm offering personalized and streamlined commercial real estate services to help investors build wealth, announced the sale of four multifamily investments in Denver. 59 & 65 N. Ogden Street AQYRE sold two multifamily investments, 59 & 65 N. Ogden Street, in Denver, for $4,999,000. Both stylishly

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“COVID-19 Dashboard”Tracks Pandemic’s Impact on the Condo Market

Leave a Comment / Condominium, Reports /

Polaris Pacific, the leading real estate sales and marketing group for new residential communities, has introduced a weekly, real-time market trend dashboard that measures changes to the condominium sector of eight core West Coast markets and provides data to navigate the complexities created by COVID-19 on these condominium markets. Updated every Tuesday, the Polaris Pacific

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CVL Consultants of Colorado Acquired by Westwood Professional Services

Leave a Comment / Engineering /

Minneapolis-based Westwood, a leading multi-disciplined surveying and engineering firm, has acquired Englewood-based engineering and surveying firm CVL Consultants of Colorado (CVL). CVL was founded in 2000 and provides civil engineering and surveying solutions for public and private sector clients in the Front Range. Led by CEO Karl Knapp, P.E., CVL is widely regarded for projects throughout

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Volta at Voyager Apartments in Colorado Springs Sell for $52.6M

Leave a Comment / Brokerage, Multifamily /

Mountain View Capital has purchased the Volta at Voyager multi-housing property in Colorado Springs for $52.6 million. JLL represented the seller, BY Development, to complete the sale to Mountain View Capital. JLL, on behalf of Mountain View Capital, secured a 4-year interest-only loan with a 3.25% interest rate at proceeds equivalent to 71.4 percent of the

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Teaching the Next Generation: Mentorship Programs & Workplace Training

Leave a Comment / Construction, Education, Feature /

By Heather Dolan It is no secret that for many, this year has not gone as planned. We’ve all had to regroup, pivot, and persevere. One thing that seems to be a common thread in every industry though, is that people are spending more time learning and listening to others. Pandemic or not, entering the workforce as a

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LogistiCare Solutions Signs Two-Floor Lease at 6900 Layton

Leave a Comment / Brokerage, Development, Office /

LogistiCare Solutions, LLC., the nation’s largest manager of non-emergency medical transportation programs, has signed a lease with Prime West Companies for the 11th and 12th floors of 6900 Layton—a LEED Gold 380,000-square-foot class AA office building located 6900 Layton St at Belleview Station in DTC. Managing Directors Ryan Stout and Nathan J. Bradley, along with Zachary T. Williams,

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Opus Delivers Two-Building Speculative Industrial Development in Englewood

Leave a Comment / Construction, Development, Industrial /

The Opus Group (Opus) has completed a two-building speculative industrial development in Englewood. Potomac Park at Dove Valley totals 264,522 square feet and is situated on a 27-acre site. The development is the result of a joint venture between Opus and USAA Real Estate. “We overcame a unique topographical challenge given the project location within a

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