View here The Balfour at Riverfront Park, a luxury senior living development located at 1550 Little Raven St., in downtown Denver, has sold for $118 million, according to the Denver Business Journal. Ohio-based Welltower, a real estate investment firm that focuses on housing for seniors and medical office buildings, purchased the property that is recognized as […]
The Balfour in Downtown Denver Sells for $118M Read More »
AURORA — As housing costs continue to climb across metro Denver, Elevation Community Land Trust and the City of Aurora announce their partnership to help address Aurora’s growing housing affordability challenges. The partnership will create permanently affordable homeownership opportunities over the next five years for at least 50 Aurora families living at or below 80 percent of Area Median
Permanently Affordable Housing Planned for Aurora Read More »
COLORADO SPRINGS — Hundreds of new climate controlled self storage units opened today at Public Storage 3601 Blue Horizon View, Colorado Springs. The project is part of the company’s overall growth strategy that has spurred an 8 percent increase in Public Storage locations in the state over the last year. The new storage facility offers more than
New Storage Units Open in Colorado Springs Read More »
Norris Design Hires New Staff in Denver Norris Design, a national planning, landscape architecture and branding firm, has announced the recent hire of Senior Associate Kristin Dean and Associates Jason Naughtin and Ryan Schatzman in the Denver office. Kristin joins Norris Design as a planner with nearly 20 years of experience working for various municipalities in Colorado. From
Movers and Shakers Week Ending 05.24.19 Read More »
CAÑON CITY – A groundbreaking ceremony was held Monday at Washington Elementary School in Cañon City, Colorado, launching the construction of a new facility that will serve about 400 students in kindergarten through fifth grades. Washington Elementary school is part of a multi-school project in Fremont RE-1 school district made possible by a successful bond
Cañon City Elementary School Holds Groundbreaking Ceremony Read More »
DENVER – With for-sale condos in limited supply in Denver, Monaco One Fifty Five at Crestmoor Heights is experiencing strong sales momentum, and has only 12 homes remaining for purchase. The new condo development — which includes 41 low-maintenance condominiums with starting prices as low as $320,000, is located at 155 South Monaco Parkway, steps from
For-sale Condos Experiencing Strong Sales Momentum Read More »
DENVER — According to Transwestern’s national industrial market report for the first quarter of 2019, the overall vacancy rate for industrial buildings ticked up for the first time in nine years, to 4.8 percent. Despite the increase, due in large part to speculative construction projects delivered to the market, net absorption remained positive as nearly
Denver Industrial Vacancy Rate Ticks Up in Q1 2019 Read More »
DENVER – Broadridge Apartments, a 54-unit apartment complex located at 6900 S. Bannock St in Littleton, has sold for $10.9 million ($201,851/unit). Jeff Johnson and Andrew Monette, at Pinnacle Real Estate Advisors, LLC, assisted both the buyer and seller parties in the transaction. “Since their acquisition of the property, the Sellers of Broadridge Apartments had renovated
Littleton Apartments Fetch $10.9M Read More »
View here Developers like MGL Partners — a Denver-based multifamily development company and developer of the 218-unit Elevate at Peña Station apartment community at Peña Station Next — are keen to capitalize on the growing need for more housing within the smart-city neighborhood. According to Denver Business Journal, 35,000 people currently work at DIA and
Residential Developers Keen to Invest at Peña Station Next Read More »
ARVADA – A 56,000-square-foot retail shopping center located on 5.85 acres in Arvada has sold for $17.5 million. Armstrong Capital Development, LLC (“ACD”), a Denver-based private equity real estate investment, development and management company, purchased the property, know as Arvada Connection, from Walton Street Capital in May. Brad Lyons and Matthew Henrichs of CBRE represented ACD in the transaction. Located
Arvada Retail Center Sells for $17.5M Read More »
