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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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RK Mission Critical, LLC Leases Manufacturing Facility in Aurora to Accommodate Growth

Leave a Comment / Industrial /

RK Mission Critical, LLC, (RKMC) one of the nation’s fastest growing modular solutions providers and affiliated company of RK Mechanical, is expanding its manufacturing operations into a second facility in Aurora. RKMC has leased a 140,000-square-foot facility in Aurora, which is projected to house approximately 100 additional staff. According to Aurora city documents, the company

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Movers and Shakers

Movers and Shakers Week Ending 11.22.19

Leave a Comment / Movers and Shakers /

CBRE Announces New Assignments for Key Senior Executives CBRE Group, Inc. has announced new leadership assignments for several key executives, effective January 1, 2020. In announcing the new assignments, Bob Sulentic, CBRE’s president and chief executive officer, said: “The moves we are making allow us to bring fresh perspective to the leadership of our three business segments, take maximum advantage

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Paradigm River North’s New Way to Office

Leave a Comment / Architecture, Development, Office, Retail /

Denver-based developer Jordon Perlmutter & Company (JP&Co.) has officially announced its latest ground-up development, Paradigm River North. Located at 3400 Walnut in Denver’s energetically creative River North Art District, Paradigm River North will provide 192,000 square feet of creative office space, including 12,000 square feet of ground-floor retail. Current plans include an environmentally sustainable eight story LEED Gold

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