Author name: milehighcre

Colorado Springs Ranked a Top City to Find a Job in 2019

COLORADO SPRINGS — With the unemployment rate at an eighteen-year low of 3.7 percent and employers expecting to hire 16.6 percent more college graduates from the Class of 2019 than from the previous graduating cohort, the personal-finance website WalletHub just released its report on 2019’s Best Places to Find a Job. To determine the strongest […]

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More For-Sale Condos Coming to Denver’s Golden Triangle

DENVER — Construction is underway on another for-sale condo project, this time in Denver’s Golden Triangle neighborhood. Oyster International based in Denver is the developer of the project called Satori, a 24-unit for-sale condo development contained in a five-story building, located at 958 North Lincoln Street. More than 50 museums, galleries, art studios, cafés, parks, nightclubs and

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Ivy Residences Under Construction in LoHi

DENVER — Elevation Capital Partners, a strategic real estate investment, development and asset management company located in Denver recently began construction of a new for-sale condo project in LoHi. Ivy Residences will provide 26 homes in a five-story building located at West 33rd Avenue near Shoshone Street. Experienced in mixed-use, urban infill, commercial and custom residential projects, Craine

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City Council Approves Proposal for Central Platte Valley Affordable Housing Plan

DENVER – A proposal to require affordable housing plans for large projects utilizing height incentives in the Central Platte Valley-Auraria District has been approved by Denver City Council. “Affordable housing remains a primary challenge for many of our residents,” Mayor Michael B. Hancock said. “We’ve made great progress the last few years and these large

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Castle Rock Apartments Sell for $16.5M

CASTLE ROCK — On December 28, Seattle-based Security Properties, a national real estate investment, development, and operating company, purchased Highlands at Red Hawk, a 56-unit, Class-A, garden-style apartment community located in Castle Rock for $16.5 million. Security Properties now owns 12 assets in Colorado totaling 2,393 units. Highlands at Red Hawk is a Class-A, garden-style apartment

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CBRE Arranges $83.2M Loan, Arvada Newly Built 352-Unit MultiFamily Development

DENVER — CBRE Capital Markets’ Debt & Structured Finance team has arranged an $83.2 million loan for the newly developed Solana Olde Town Station, a 352-unit multifamily property near Denver. Bill Chiles, Scott Peterson, Morgon Fraser and Brian Cruz of CBRE’s San Diego office secured the Freddie Mac debt on behalf of ReyLenn Properties LLC, replacing

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Monfort Companies and Summit CVG Acquire Lodo’s Bar and Grill

DENVER – MCSV Holdings I, LLC, a joint venture between Kenneth Monfort of Monfort Companies and Jason Marcotte and Matt Runyon of Summit Capital Venture Group dedicated to the intentional revitalization of downtown Denver, has acquired the Lodo’s Bar and Grill portfolio, including all business operations and real estate. The 4.4-acre portfolio consists of three restaurant locations: 1946 Market St. (Downtown

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transactions

Transactions Report Week Ending 12.21.18

HFF Announces $30.777M in Financing for Two Denver-area Multi-housing Communities Holliday Fenoglio Fowler, L.P. (HFF) announces $30.777 million in financing in two separate transactions for two Denver multi-housing communities; Estrella Apartments and The Avalon. The HFF team worked on behalf of the borrower, Mountain View Capital, LLC, to secure the seven-year, floating-rate loans through Freddie

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Movers and Shakers

Movers and Shakers Week Ending 12.21.18

RTA Architects Welcomes Seven New Team Members RTA Architects has welcomed seven new staff members to their architectural and marketing teams over the last few months. The new Architectural team members are Architects Ben Foster, Christine Costa, and Jon Houck, and Emerging Professionals Erika Everett, Mitchell Starrs, and Jordan Johnston. Architect Ben Foster, AIA is

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1601 Wewatta in Downtown Denver Sells for $222M

DENVER — 1601 Wewatta., a 300,000-square-foot office building in Denver’s Union Station neighborhood has sold for $222 million, according to Denver County public records. The sale is the third highest in the Denver metro for 2018, behind 1801 California St.’s partial sale for $285 million and 1670 Broadway’s sale for $238 million. Mike Winn, Tim Richey,

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