DENVER —RentCafé just released their monthly rent report with data compiled from actual rents charged in the 250 largest US cities. Renters are looking at an optimistic start of the rental season. The national average rent in May 2018 was $1,381 per month, up only 2 percent Y-o-Y, marking the weakest annual growth for this time of […]
Rents in the Mile High City Among the Fastest Rising in the U.S. Read More »
DENVER — McWHINNEY – a Colorado-based premier real estate investor and developer with expertise in multifamily, hospitality, mixed-use and commercial assets – has multiple Colorado multifamily projects in the works, including three communities that will welcome residents this year. Cycle, a 405 apartment home community in Fort Collins, and Pinyon Pointe, a 166 apartment home community in Loveland, are
McWHINNEY Multifamily Projects Begin Leasing Read More »
DENVER– The Boston Consulting Group (BCG), a global management consulting firm, has signed a new 23,000-square-foot lease on the 38th floor of 1144 Fifteenth Street, the new 40-story, Class AA office tower in downtown Denver. The firm is moving from its current office at 1900 16th Street. Hines, a privately owned global real estate investment firm, developed the building.
Boston Consulting Group Relocate to 1144 Fifteenth Street Read More »
DENVER — In May the Hensel Phelps Colorado offices collaborated with Denver non-profit Amp the Cause for a community day benefiting local organizations. The results supported 634,338 kids and families at 50 non-profit beneficiaries. Overall, there were 750 volunteers at the community day and together they used thousands of items like paint rollers, trash bags,
Hensel Phelps Donates Time, Resources for Teachers Read More »
DENVER — Modera at Observatory Park Apartments, a 275-unit Class A newly constructed infill apartment community located at 1910 S Josephine St. near Denver University, has sold for $92.5 million. The Bascom Group, LLC (“Bascom”), a private equity firm specializing in value-added multifamily, commercial, and non-performing loans and real estate related investments and operating companies, purchased
Observatory Park Apartments Sell for $92.5M Read More »
DENVER – Redistribution company RJ Schinner has signed a 50,000-square-foot lease at the Central 62 distribution center located at 435-495 East 62nd Avenue in Denver. Developed by Denver-based Corum Real Estate Group and completed in 2017, Central 62 totals 124,024 square feet of Class A industrial space now fully leased to three tenants demonstrating strong demand for
RJ Schinner Expands into Denver’s Central 62 Distribution Center Read More »
View here Chicago-based Golub & Co, leaders in real estate development and investment, recently announced that the company will open a Denver office that will focus on multifamily and office acquisitions in the west. The company was previously an owner in Snowmass Village and Fallingwater Condominiums in Denver and is also part of the joint venture that
Chicago Investor to Open Denver Office Read More »
COLORADO SPRINGS – RTA Architects of Colorado Springs (Architect of Record) and GWWO, Inc./Architects of Baltimore (Design Architect) today held a groundbreaking for the new Pikes Peak Summit Complex (PPSC). The new facility will be constructed next to the current Summit House which will remain open to visitors through the end of construction in 2020. ”Our entire team embraced
Groundbreaking: New Pikes Peak Summit Complex Read More »
Pinnacle Announces Retail Sale in Arvada Pinnacle Real Estate Advisors, LLC announced the sale of 9000-9180 West 88th Avenue in Arvada for $6.515 million ($159.77 per square foot). The building contains 21 retail tenants. Advisor Peter Sengelmann represented the seller and Associate Advisor Eric Veith represented the buyer. “The sellers had recently achieved 100 percent occupancy across the
Transactions Report Week Ending 06.01.18 Read More »
Warwick Olney Joins CBRE Denver CBRE announced that Warwick Olney has joined its Denver office as a first vice president with CBRE Capital Markets’ Debt and Structured Finance practice. Olney will spearhead the joint venture equity platform for CBRE in Colorado, serving client needs throughout the Western United States. “We strive to make real estate
Movers and Shakers Week Ending 06.01.18 Read More »
