MileHighCRE-PNG
Instagram Facebook-f Twitter Linkedin

Author name: milehighcre

Construction Job Openings Declined in 2019 but Remain Historically High

Leave a Comment / Construction, Reports /

Accounting and advisory services firm Marcum LLP, today released its annual analysis of construction employment data from the U.S. Bureau of Labor Statistics’ Job Openings and Turnover Survey (JOLTS). The analysis is produced by Marcum’s national Construction Industry Group to uncover changes and identify emerging trends in construction hiring and jobs availability. The 2019 Marcum Commercial JOLTS […]

Construction Job Openings Declined in 2019 but Remain Historically High Read More »

USAFA Cadet Chapel to Undergo Extensive Four-Year Renovation

Leave a Comment / Construction, Development, Renovation /

A $158 million renovation of the famous United States Air Force Academy (USAFA) Cadet Chapel in Colorado Springs is currently underway, led by general contractor JE Dunn Construction. Decades of leaks have severely damaged the interior of the chapel. The renovation is extensive, requiring the structure to be closed to the public until fall 2023.

USAFA Cadet Chapel to Undergo Extensive Four-Year Renovation Read More »

Dance-Cardio Fitness Studio Opening at LOT Twenty-Eight

Leave a Comment / Development, Retail /

LOT Twenty-Eight, an adaptive reuse project at the intersection of 28th and Blake Street in RiNo — which opened last summer — will welcome a new tenant at the end of March. AKT, the revolutionary dance-cardio fitness concept, will occupy a 2,009-square-foot space. AKT (Anna Kaiser Technique), a marriage of dance and functional training, will join

Dance-Cardio Fitness Studio Opening at LOT Twenty-Eight Read More »

Seven-Hotel Portfolio, Including Hotel Monaco Denver, Sells for $483M

Leave a Comment / Hospitality, Investment /

Xenia Hotels & Resorts, Inc. has executed an agreement to sell a seven-hotel portfolio with a total of 1,124 guest rooms for $483 million. The portfolio consists of seven Kimpton-managed hotels, including Hotel Monaco Denver, Canary Hotel Santa Barbara, Hotel Monaco Chicago, Hotel Monaco Salt Lake City, Hotel Palomar Philadelphia, Lorien Hotel & Spa in Alexandria, Virginia, and

Seven-Hotel Portfolio, Including Hotel Monaco Denver, Sells for $483M Read More »

Light-Rail Expansion Highlights Office and Investor Demand in Denver

Leave a Comment / Brokerage, Office, Reports, Transit /

Denver’s office market is remarkably resilient and healthy, according to Marcus and Millichap’s 2020 Office Investment Forecast. Developers have remained disciplined when considering new projects over the past few years. Even speculative office space is largely focused in the major office districts of LoDo, the CBD and near the Denver Technology Center. FasTracks, the nation’s

Light-Rail Expansion Highlights Office and Investor Demand in Denver Read More »

Apartment Property in the Highlands Sells for $7.5M

Leave a Comment / Brokerage, Multifamily /

A 37-unit multifamily property, located at 2860 W 32nd Ave in the heart of Denver’s Highlands neighborhood, has sold for $7.5 million. Austin Smith of Nexus Commercial Realty, LLC, represented the seller, Shinji Wakura, and Brandon Kaufman & Nik MacCarter of Nexus represented the buyer, JDSM 2860 W 32nd Ave LLC. The Flats on 32nd is

Apartment Property in the Highlands Sells for $7.5M Read More »

Kappa Tower II Breaks Ground

Leave a Comment / Affordable Housing, Construction, Development, Senior Housing /

Alliance Construction Solutions held a ceremonial groundbreaking on Friday, Feb. 28, to commemorate the start of the long-awaited Kappa Tower II project. Located east of Park Hill in the Northfield neighborhood of Denver, Kappa Tower II will provide 70 units of affordable housing for seniors. The project is being led by the Denver Alumni Chapter of Kappa Alpha Psi (DBA Kappa Housing).

Kappa Tower II Breaks Ground Read More »

Harnessing the Full Potential of Our Workforce

Leave a Comment / Construction, Diversity, Feature /

By Maja Rosenquist, senior vice president, Mortenson. Over the last decade, Colorado’s thriving economy has been a boon for development across the state. If you’re a talented builder, the work is there. That is, if you can find the labor. The Associated General Contractors of America’s Colorado 2020 Outlook Survey found that 88 percent of respondents are

Harnessing the Full Potential of Our Workforce Read More »

California Investment Firm Buys and Renames Apartment Community in Colorado Springs

Leave a Comment / Brokerage, Multifamily /

Marking their second acquisition in Colorado Springs, NALS Apartment Homes, a fully integrated real estate investment firm headquartered in Santa Barbara, Calif., has purchased Watermark on Union, a premier pre-stabilized 244-unit, Class A+ apartment community located in the high-end, master-planned Cordera community. The property sold for an undisclosed price and has been renamed Aliso at

California Investment Firm Buys and Renames Apartment Community in Colorado Springs Read More »

Scroll to Top