Author name: milehighcre

Koelbel and Company Gifts $1M to Rocky Mountain Public Media

Rocky Mountain Public Media has received a $1 million gift from Koelbel and Company, a family-owned real estate development firm and supporter of community education and cultural organizations, to fund the Koelbel KUVO Studio in its new headquarters, the Buell Public Media Center in Denver’s Arapahoe Square. Rocky Mountain Public Media is Colorado’s largest statewide, member-supported, […]

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JLL Arranges $20M Financing for New Denver Retail Property

JLL has secured $20 million in refinancing for Central Park Retail, a 61,443-square-foot, Class A, multi-tenant retail center in Highlands Ranch. JLL worked on behalf of the borrower, Shea Properties, to secure the 12-year, 3.65%, fixed-rate loan with a correspondent life insurance company lender. Loan proceeds will be used to refinance the borrower’s construction loan.

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Revolutionary Fitness Concept Makes Colorado Debut

The boutique fitness studio developed by celebrity trainer Anna Kaiser, AKT, will open their first Colorado location in early September at 2445 3rd Street, in the heart of Cherry Creek North. An additional location is also slated for end of the year in RiNo at LOT Twenty Eight, an adaptive reuse development in the heart of Denver’s River North (RiNo) neighborhood at

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Confluent Development Completes Raising Cane’s First Location in Colorado Springs

Confluent Development, a Denver-based real estate investment and development firm, has completed and sold its retail project featuring Raising Cane’s first location in Colorado Springs. The restaurant celebrated its grand opening in May and is a strong example of Confluent’s continued growth and expanding client roster of national brands. Serving as the building’s sole tenant, Raising

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Rents Losing Steam, says Colorado Rent Report

With 2019’s rental season well underway, apartment prices across the country are starting to lose steam. In Colorado, only two out of the 22 cities analyzed (Parker and Colorado Springs) saw MoM growth of more than 1 percent, according to Rent Café’s National Rent Report. Key takeaways: The national average rent reached $1,469 in July, up

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Copperleaf Place Apartments in Fort Collins Sell for $22M

According to CBRE, Real estate development and investment company Brinkman has sold Copperleaf Place multifamily community, located at 3425 South Shields Street in Fort Collins, for $21.825 million Dan Woodward, David Potarf, Matthew Barnett and Jake Young with CBRE Capital Markets represented Brinkman. The buyer, Warm Springs Holdings, a private buyer from Calif., purchased the property in a

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ABC Awards Congressman Lamborn with Merit Shop Eagle Award

The Associated Builders and Contractors, Inc. Rocky Mountain Chapter (ABCRMC) awarded U.S. Representative for Colorado’s 5th congressional district, Doug Lamborn, with the ABC Merit Shop Eagle Award yesterday, at Pikes Peak Community College (PPCC). The ABC Merit Shop Eagle Award is given to congressional delegates that have an outstanding voting record on ABC’s core principal issues:

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Local Developer Proposes Development on Westminster’s Last Remaining Parcel of Farmland

Local development company Oread Capital & Development — which acquires, develops, and operates best-in-class residential and mixed-use communities, primarily in the Denver and Boulder market areas — has proposed development for 230 acres between 88th Avenue, Federal Boulevard, Lowell Boulevard, and 82nd Avenue in Westminster, on the last remaining parcel of farmland in the area. According to

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Colorado Commercial Landscape Companies Combine

Metco Landscape (“Metco”), a portfolio company of Westhook Capital and leading provider of commercial landscape services in Colorado, has acquired PGM Inc., a premier provider of commercial landscape maintenance services in Colorado Springs. PGM’s Founder and President Dan Pohja will continue to lead PGM. Financial Terms of the transaction were not disclosed. “PGM is a

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