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Choice Market Expands in Denver with Third Location at Parq on Speer

Leave a Comment / Development, Retail /

Choice Market – a forward-thinking convenience store concept – will be the first retailer to debut at Greystar’s Parq on Speer, Denver’s luxurious new 16-story mixed use community. Located in the city’s bustling Golden Triangle neighborhood at the corner of Speer Blvd. and Bannock St., the new community is situated on two acres, with completion […]

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Modera LoHi

Denver Apartment Absorption to Hit Record High

Leave a Comment / Brokerage, Investment, Multifamily, Reports /

Increasing development remains overshadowed by strengthening demand as the Denver metro is on track to log a 130-basis-point drop in two years amid the completion of 19,000 units, according to Marcus & Millichap’s fourth quarter Multifamily Outlook report. High-wage jobs in the urban core and Tech Center continue to benefit Class A apartments, pushing vacancy into the

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Trends Set to Influence Holiday Retail Season

Leave a Comment / Brokerage, Reports, Retail /

According to the National Retail Federation’s forecast, the U.S. retail market is anticipating a 4 percent sales gain this November and December from last year’s season. A new report from CBRE highlights the trends in store for retailers and shoppers this shortened holiday retail season, including an earlier start to holiday promotions, new collaborations to shorten delivery windows and pare

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Land Approved for Rental Residential Community Sells in Thornton

Leave a Comment / Brokerage, Multifamily /

Almost three acres of land that is part of the Poudre Trails Development in Greeley, has sold for $840,000. The land is approved for development into a for-rent residential community. Julius Tabert and Jon Rue with CBRE’s Northern Colorado office represented both the seller, Greeley-based Roche Constructors, Inc., and the buyer, West C Street Lot 1, LLC, of Greeley,

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Denver Developer Planning 342-Unit Condo Project in Arapahoe Square Closes on Land

Leave a Comment / Condominium, Construction, Development /

According to public records, Denver-based Ubuntu Partners purchased 838 Park Avenue West and 2250 Champa St. in Arapahoe Square on Friday, for 5.5 million. The developer is planning to build one of Denver’s largest condo projects that will also aim for net-zero certification. Ubuntu Partners is a new development firm created by its founders —

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Affordable Housing in Vail Valley Begins Construction

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

Modular builder Nashua Builders recently began construction on the first phase of Spring Creek Apartments, an affordable housing development being built in Gypsum, Colo., 25 miles west of Vail. Edwards-based Polar Star Development, doing business as Spring Creek Apartment LLC, is the developer and management company for the project. This first phase will include 150 one-,

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Centrally Located Apartment Community in Denver Sells for $36M

Leave a Comment / Brokerage, Investment, Multifamily /

Denver-based Grand Peaks Properties, Inc. in partnership with Aegon Asset Management has purchased Monaco South, a 220-unit, multifamily property located at 2280 South Monaco Parkway in Denver. Comprised of two solidly constructed concrete mid-rise assets, Monaco South sold for $36 million or $163,636 per unit. Newmark Knight Frank (NKF) Vice Chairmen Shane Ozment and Terrance Hunt, Executive

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Tips to Manage Holiday Package Delivery

Leave a Comment / Property Management, Technology /

The holidays mean one thing is on every property manager’s mind: managing the package delivery chaos. UPS alone estimated it delivered 800 million packages between Thanksgiving and Christmas 2018 and that number is sure to rise this year. Package Concierge, the trusted provider of automated locker solutions, is sharing tips to help the multi-family housing industry make the most

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ABC Partners with DPS to Recruit Contractors to Join CareerConnect

Leave a Comment / Construction /

ABC Rocky Mountain Chapter (ABC) has partnered with Denver Public Schools (DPS) in an effort to encourage ABC contractor members to participate in CareerConnect. ABC and DPS hosted an informational session on Wednesday morning at CEC Early College with more than 15 members interested in becoming CareerConnect Business Partners. The event featured a welcome from ABC’s Denver Workforce Development

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Brinkman Construction Breaks Ground on Townhome-Style Apartments in Colorado Springs

Leave a Comment / Construction, Development, Multifamily /

Brinkman Construction broke ground on their latest Colorado Springs project last week, a 12-building townhome-style apartment community. Springs at Foothill Farms, owned, developed and operated by Continental Properties, will include 264 two-story loft-style units. The 354,000-square-foot luxury community offers amenities such as a resort-style swimming pool, community clubhouse and a state-of-the-art fitness center.  Located at 1203 Affirmed

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