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New York Investment Firm Acquires Legacy on the Promenade

Leave a Comment / Investment, Multifamily /

The Praedium Group, a New York based national real estate investment firm, has acquired Legacy on the Promenade in Westminster for $93.5 million according to public records. The firm purchased the apartment building from California-based Legacy Partners. Constructed in 2018, Legacy on the Promenade is comprised of an elevatored 4-story building with interior conditioned hallways and […]

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MOB in Parker Breaks Ground

Leave a Comment / Construction, Development, Healthcare /

Vertix Builders, a culture-focused construction company, has started construction of the new Parker MOB III medical office building on the Parker Adventist Medical Campus.  As a healthcare construction specialist, Vertix Builders will be working with a team that includes RTA Architects, Med Development and Parker Adventist. “We’re excited to be working with Centura Health and

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CBRE Releases 2020 Real Estate Market Outlook Report

Leave a Comment / Industrial, Multifamily, Office, Reports, Retail /

The U.S. economy will continue its long expansion in 2020, supporting the solid fundamentals of the commercial real estate market, according to CBRE’s forecast in its 2020 Real Estate Market Outlook report. CBRE foresees tempered growth in the U.S. commercial real estate market next year due to uncertainty surrounding trade negotiations, weakness in manufacturing and

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Movers and Shakers

Movers and Shakers Week Ending 12.20.19

Leave a Comment / Movers and Shakers /

Jennifer Baltus Joins Drawbridge Realty in Denver Drawbridge Realty, a national real estate investment company based in San Francisco, has hired Jennifer Baltus as the company’s new director of Property Management and Wendy Will as senior advisor, Capital Markets. Ms. Baltus is based in Drawbridge’s Denver market where she is responsible for the oversight of property management

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Saunders Community Initiative

Saunders Celebrates 10 Years of Building Confidence in Kids Community Initiative

Leave a Comment / Charity, Construction /

Saunders Construction, a leading construction manager and general contractor in Colorado, is celebrating 10 years of its employee-driven community initiative – Building Confidence in Kids (BCiK) this holiday season. “Saunders Construction is proud and excited to be celebrating 10 years of our BCiK program,”said Justin Cooper, vice president at Saunders Construction. “It is important to

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Headshot

JVA, Incorporated Announces New Vice President/Principal

Leave a Comment / Engineering /

JVA, Inc. is pleased to announce that Jeannette Torrents, P.E., S.E., LEED AP has been promoted to Officer with the title of Vice President and Structural Principal. Jeannette has been with the JVA structural team in Boulder since 2002 and has completed the design of multiple healthcare, education, municipal, and commercial projects throughout the country.

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Vacasa Homes

Vacasa Grows Investment in Colorado Through Acquisition of Resort Lodging Company

Leave a Comment / Investment, Property Management /

Vacasa, North America’s largest vacation rental management platform, has signed an agreement to acquire Resort Lodging Company. The deal will be finalized before the end of December, and the integration will be complete in the spring of 2020. At this time, Vacasa will assume management of Resort Lodging Company’s vacation rental inventory in Steamboat Springs,

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Compass Bank

NavPoint Real Estate Group Facilitates Sale of Multi-Tenant Medical Office/Office Investment Asset in Centennial

Leave a Comment / Brokerage, Office /

NavPoint Real Estate Group is pleased to announce it has completed the sale of a Value-Add Multi-Tenant Medical Office/Office Investment Asset located at 8100 East Arapahoe Road, in Centennial, Colorado. With an excellent location in the Denver Tech Center, this building is surrounded by a myriad of retail and restaurants, and has easy access to

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Cushman & Wakefield Facilitates Sale of Multi-family Complex in Englewood

Leave a Comment / Brokerage, Multifamily /

Cushman & Wakefield has announced the sale of Layton Gardens Apartments, a 60-unit, 49,234-square-foot, multi-family complex located at 4801 S Acoma Street in Englewood, Colorado. The transaction closed on December 12 and sold for $9,550,000 or $159,167 per unit to Denver-based Wheelhouse Apartments. Tyler Stevens, Director, of Cushman & Wakefield Denver represented the seller in

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