According to Yardi Matrix, under normal circumstances, interest for apartments is high during March, with rental prices expected to increase. This is the first time since 2016 that we see a deceleration from February to March, as the national average rent in March went up by 2.9 percent Y-o-Y, a hard drop compared to February’s […]
Denver Rents Decelerate in March, First Time Since 2016 Read More »
Dominium, one of the nation’s largest affordable housing development and management companies, recently closed on the property they have named Heritage at Church Ranch. The property is located at the corner of Church Ranch Road and Wadsworth Boulevard in Westminster. The $62 million development will provide 205 units of high quality affordable senior housing and will expand Dominium’s portfolio
Affordable Housing Project to Break Ground in Westminster Read More »
According to the Denver Post, the Broomfield City Council voted 8-1 in March in favor of an affordable housing ordinance that will require developers of residential units to make a cash in-lieu payment, a land-in-lieu contribution or to include affordable units in their projects. Rental development contributions are required to equal 20 percent of units, while
Broomfield Implements Affordable Housing Ordinance Read More »
$18.85 million in financing has been arranged for Bloom at Cherry Creek, a 111-unit, Class A mid-rise apartment property currently under construction in Cherry Creek. Due for completion in mid-2021, the five-story, podium-style property will total 70,733 rentable square feet across a mix of studio, one- and two-bedroom units. The project is being constructed on a
New Project: Bloom at Cherry Creek Read More »
The new middle school at Kent Denver School is the first of several recent projects undertaken by Denver-based architects Semple Brown, as part of the transformation of educational space. The campus is comprised of a range of new construction and extensive renovations of existing space, totaling more than 100,000 square feet. The former spaces were
Kent Denver School Campus Awarded LEED Platinum Certification Read More »
Lennar Multifamily Communities is set to transform the Golden Triangle neighborhood adding multiple high-rise residential buildings that will replace unsightly parking lots. The developer broke ground on a 17-story residential tower at 10th and Acoma in December and recently submitted plans for an additional 17-story high-rise multifamily building at 12th and Acoma, as well as a 14-story tower
Lennar to Transform Denver’s Golden Triangle Read More »
By Marc Snyder, director of sustainability and associate principal at 4240 Architecture As a lot of us face a new normal during uncertain times, it is good to reflect on and realign to those aspects of our lives that contribute to positivity and good health — no matter where we may be. Whether working from home, or
A Dose of Dopamine: Using Neuroarchitecture in Space Design to Support Wellbeing Read More »
The 66-guestroom Residence Inn located in Durango has sold to an unnamed regional owner/operator of premium-branded select service hotels. HREC Investment Advisors along with Lodging Partners represented the private seller on this transaction. The marketing and negotiations were led by Jeffrey Duni, senior vice president in HREC Investment Advisors’ Denver office and Ford Barton of Lodging Partners.
HREC Investment Advisors Announces Sale of Residence Inn Durango Read More »
Denver-based companies, Howell Construction and Architectural Workshop, recently completed CU Denver’s 15,000-square-foot Tivoli Upper Floors renovation project. The project consisted of a total gut and remodel of old movie theaters built in 1984 in the Tivoli building, a historic building originally constructed in the 1800’s. The project was conducted in three phases: demolition, structure and tenant build-out. An early demolition phase
Howell Construction Completes CU Denver Tivoli Upper Floors Renovation Read More »
Piper Pierce, a banking industry veteran with more than 20 years of experience, will serve as president of Collegiate Peaks Bank’s new location in the Denver Tech Center, located at 5450 Greenwood Plaza Blvd. Pierce recently shared with Mile High CRE, her optimistic outlook on the south metro real estate market. Why did Collegiate Peaks Bank decide to
Q&A with Piper Pierce, president of Collegiate Peaks Bank DTC Read More »
