milehighcre, Author at Mile High CRE

Program Launches to Create 330 Units of Permanently Affordable Homes Across Colorado

Leave a Comment / Affordable Housing, Development / milehighcre

Radian and Interfaith Alliance of Colorado will develop new affordable housing options attainable to households earning from 0 percent to 80 percent of Area Median Income, thanks to a $419,400 grant from the Colorado Health Foundation able to scale up the Congregation Land Campaign (CLC). The Congregation Land Campaign seeks to activate the thousands […]

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Stantec Awarded the American Water Works Association’s 2019 Diversity Award

Leave a Comment / Architecture, Awards, Engineering / milehighcre

Stantec — a global architecture, engineering, and design firm — recently received the American Water Works Association’s (AWWA) Diversity Award, during the Association’s Annual Conference and Exhibition (ACE19). The award recognizes an individual or organization that has created, promoted, and maintained diversity by establishing an environment that recognizes, encourages, and effectively utilizes each individual’s talents. Voted on

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Highest Rents Recorded in Boulder and Fastest Rent Growth in Greeley

Leave a Comment / Multifamily, Reports / milehighcre

RENTCafé.com, a nationwide apartment search website and a part of Yardi, recently released its monthly rent report with data compiled from actual rents charged in the 260 largest U.S. cities. Here are the highlights for the state of Colorado: Slightly above the national average of $1,442, rents in Denver reached $1,633 this past month. Renting an apartment here

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Denver-based Griffis Residential Acquires Denver Apartments for $45.65M

Leave a Comment / Brokerage, Multifamily / milehighcre

Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver has sold for $45.65 million. Holliday Fenoglio Fowler, L.P. (HFF) worked on behalf of the borrower, Denver-based Griffis Residential, to secure the 10-year, Fannie Mae Green Rewards loan through HFF’s risk-transfer joint venture with M&T Realty Capital Corporation. The loan, which was used to fund the acquisition

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Colorado No.9 in the U.S. for Commercial Real Estate Development

Leave a Comment / Construction, Development, Industrial, Office, Reports, Retail / milehighcre

According to the new report “Economic Impacts of Commercial Real Estate,” published annually by the NAIOP Research Foundation, Colorado is currently the No.9 state in the U.S. for commercial real estate development, creating and supporting 102,845 related jobs and contributing $14.3 billion to the state’s economy in 2018 (the most recent data available). Colorado also ranks

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Collegiate Peaks Bank Celebrates Groundbreaking for New Denver Tech Center Location

Leave a Comment / Development, Retail / milehighcre

Collegiate Peaks Bank, Division of Glacier Bank, celebrated the groundbreaking of their new building located in the Denver Tech Center at 5450 Greenwood Plaza Blvd. The bank will move into the building’s approximately 6,500-square-foot main floor space in the first quarter of 2020. The new building is being developed by Urban Esprit that will occupy the

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Turner Construction Tops Out on Immersive Art Experience

Leave a Comment / Architecture, Construction, Design, Development / milehighcre

Turner Construction recently celebrated the placement of the final steel beam to the future home of Meow Wolf, a 101,000-square-foot interactive, art and entertainment museum located west of downtown Denver. With this milestone, the team is one step closer to bringing the Santa Fe, New Mexico-based company to Denver area residents and visitors. The project team also

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Colorado Springs Apartment Community Sells for $17.25M

Leave a Comment / Brokerage, Multifamily / milehighcre

Regal Estates Apartments, a 150-unit community located at 105, 115, 125, 135, 145, 155 South Academy Blvd in Colorado Springs, has sold for $17.25 million. Mike Krebsbach, senior advisor with Pinnacle Real Estate Advisors LLC, represented the Buyer, Hazel Grace LLC in the transaction. “Our client is very excited about their acquisition of Regal Estates as it is a

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San Fran Developer Purchases Two RiNo Parking Lots for $36.2M

Leave a Comment / Brokerage, Development, Transit / milehighcre

View here Carmel Partners has paid $36.19 million for two parking lots adjacent to PepsiCo’s bottling plant, according to property records. 3800 N. Brighton Blvd. sold for $16.41 million and 3900 N. Brighton Blvd. sold for $19.78 million. The San Fransisco developer will likely build a multifamily property and hopes to be able to announce more

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Colorado Rockies’ McGregor Square development wins 2019 Gold Nugget Awards

Leave a Comment / Architecture, Awards / milehighcre

Judges for the 2019 Gold Nugget Awards named Stantec a Grand Award winner in its annual competition, which honors architectural design and planning excellence and draws entries from throughout the United States and internationally. Stantec, contractor Hensel Phelps Construction, and the Colorado Rockies earned its Grand Award for McGregor Square, which was honored as the

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Author name: milehighcre