In response to issues regarding cash flow and leadership, The We Co., parent company of coworking office space operator WeWork and Japanese technology conglomerate SoftBank Group Corp have reached an agreement under which SoftBank will provide $5 billion in new financing to The We Co., in addition to a tender offer up to $3 billion for existing shareholders.
SoftBank Group Commits to Invest $8B in WeWork Read More »
The City of Westminster is partnering with Schnitzer West, a well-established developer focused on urban-suburban markets in the Seattle and Denver regions, to build 650,000 square feet of office on two sites in downtown Westminster. “With the continued growth of companies along the Denver-Boulder corridor, downtown Westminster is located directly in the path of progress
Schnitzer West to Bring First Office Development to Downtown Westminster Read More »
Avison Young, the world’s fastest-growing commercial real estate services firm, will hold its sixth annual global Day of Giving this Thursday, October 24. Each Avison Young office is completing a community project on behalf of a local charity. The Denver-office will host its event at 8:50 a.m. to 4 p.m. at Habitat for Humanity, located at 2660 S. Decatur
Avison Young to Hold Sixth Annual Global Day of Giving Read More »
Hunt Real Estate Capital has provided a Freddie Mac Small Balance Loan in the amount of $5.86 million to refinance Fitz Apartments, a multifamily property located in Aurora. The 46-unit multifamily property is located at 1747-1777 Peoria Street. The property was built in 1961 and consists of two four-story buildings containing 14 one-bedroom units and
Hunt Real Estate Capital Provides $5.86M to Refinance Fitz Apartments in Aurora Read More »
1 Priority Environmental Services and Earth Services & Abatement has announced the addition of Snyder Environmental & Construction to the newly formed EIS Holdings, LLC – Environmental Infrastructure Solutions. Snyder is the premier provider of environmental abatement and remediation services throughout the South-Central United States, particularly Arkansas, Oklahoma, and Tennessee. All management, operating personnel, and teams will remain in place
Snyder Environmental & Construction Joins EIS Holdings, LLC Read More »
By David Crowder, vice president of community development/general manager of Centerra for McWHINNEY. As any real estate professional knows, infrastructure is at the core of successful development. It provides regional services via transportation for residents and business owners. It provides the capacity for future growth and development. It provides a higher level of function for the economy to operate.
Infrastructure: The Backbone of Successful Development Read More »
Metro Denver’s office, industrial and retail commercial real estate sectors all posted strong positive net absorption in the third quarter of the year, according to CBRE’s latest quarterly reports. The market recorded more than 1.4 million square feet of incremental new space occupied in Q3 2019, supported by strong leasing activity across a diversity of industries. “While
Latest CBRE Report Shows Diverse Activity Across Denver’s CRE Sectors Read More »
The Loveland Housing Authority (LHA) has selected Pinkard Construction Company as construction manager/general contractor to continue construction on phase two of the Edge Apartment Community in Loveland. Pinkard will work with OZ Architecture to construct the 68,000-square-foot complex. It will consist of 69 units in four three-story walk-up buildings as well as a 2,500 square foot clubhouse addition
Pinkard Construction Awarded Phase Two of the Edge Residential Community in Loveland Read More »
According to CBRE, Monaco I-70 Industrial Park, a four-building property totaling 183,319 square feet, at the intersection of East Smith Road and Monaco Parkway in Denver, in a Colorado Enterprise Zone and Opportunity Zone, has sold for an undisclosed amount. CBRE’s Jim Bolt, Tyler Carner, Jeremy Ballenger and Jessica Ostermick represented the seller, a confidential Denver-based investor. Stockbridge Real
Demand for Infill, Small Bay Industrial Buildings Outpaces that for Larger Warehouses Read More »
With hundreds of new homes and apartments already under construction or in Fort Collins’ planning pipeline, award-winning local commercial real estate professional Travis Ackerman offers an expert insight into more than 300 additional properties newly proposed for the south of the city as of this month. “It’s understood that a developer, from Colorado Springs, is
300 Homes and Apartments Proposed for Fort Collins Read More »
