Author name: milehighcre

Groundbreaking: 288-unit Luxury Apartment Community in Colorado Springs

DENVER – Etkin Johnson Real Estate Partners, the largest full-service, privately owned commercial real estate investment and development company based in Colorado, has broken ground on FalconView, a 288-unit apartment community located at the intersection of I-25 and InterQuest Parkway in Northern Colorado Springs. PNC Financial Services provided $46 million in construction financing. Total project cost is […]

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Multifamily Asset in Capitol Hill Achieves Record-Setting Price-Per-Unit

DENVER — Jux, a 30-unit multifamily asset in the heart of the Capitol Hill neighborhood has sold for $12 million. The $400,000 price-per-unit is the highest ever paid for a boutique apartment building in central Denver. ARA, A Newmark Company (ARA Newmark) Director Robert Bratley and Associate Director Marcus Griffin represented Endurance Real Estate Partners, a Denver-based real estate

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Vertix Builders is “General Contractor of the Year” for the Second Straight Year

DENVER– Vertix Builders, Inc. has been recognized as the General Contractor of the Year, a prestigious industry award presented by the American Subcontractor Association of Colorado (ASA of Colorado). This is the second year in a row that Vertix has been honored with the award which is presented to the general contracting company that runs an efficient jobsite, is

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$60M Rec Center Opens in Commerce City

COMMERCE CITY, CO — Pinkard Construction and Perkins + Will Global recently held a grand opening celebration for the new Bison Ridge Recreation Center in Commerce City. The fourth project in the city’s voter-approved capital improvement program, Bison Ridge Recreation Center is a 108,000-square-foot state-of-the-art facility at 13905 E. 112th Avenue with an indoor pool, multi-court gymnasium with an elevated walking/jogging

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PCL Construction Building a New RTD Parking Garage

DENVER— As part of the voter-approved RTD transit expansion program, PCL Construction Services, Inc. has begun construction of a new parking garage at the Thornton Crossroads-104th Station on the North Metro Rail Line. The 18.5-mile commuter rail line will run from Denver Union Station through Commerce City, Northglenn and Thornton. This expanded commuter radius has in turn necessitated

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Outdoor Lifestyle Campus Coming to Golden

GOLDEN – Colorado-based design-build firm The Neenan Company recently announced its plans to build an outdoor lifestyle campus in Golden. The land is under contract and located in unincorporated Jefferson County to the west side of Highway 93, five minutes north of downtown Golden. The proposed development, which requires re-zoning approval, includes 25 acres of developable

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Apartment Portfolio in Colorado Springs Sells for $102M

DENVER — Slipstream Properties, an experienced apartment ownership group that has purchased and renovated more than 1,000 apartment residences in the Denver Metro Area, has bought seven apartment complexes in Colorado Springs totaling 1,178 units, for $102.25 million. HFF brokers Kristian Lichtenfels and managing director Josh Simon worked exclusively on behalf of Slipstream. The total loan commitment is

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Final Asset Trades in Eight-Property Mixed-Use Portfolio in Aurora

DENVER – The final asset in the Southlands High Visibility Portfolio, a 9,420-square-foot retail center in Aurora, has traded. Transwestern’s Brad Cohen and Larry Thiel represented the seller, BLC-II LLC, in the disposition of the eight-property mixed-use portfolio totaling 67,805 square feet at 24272 E. Prospect Ave, developed by Alberta Development. The buyer is Baljeet Kaur Dhanoa and

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United Properties Find Success with ‘Next Gen Mixed-Use’ Development

DENVER – United Properties, an industry leading commercial property investment company in Minnesota and Colorado, has established itself as one of the most active retail developers in the Denver area. In recent months the developer has built a pipeline of 20 acres of retail, primarily through the combination of developing free-standing retail pad sites along the perimeter

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transactions

Transactions Report Week Ending 05.25.18

CBRE Arranges $58M Refinancing for Historic Downtown Denver Sugar Block CBRE recently arranged the $58 million refinance of the Sugar Block, a 189,145-square-foot mixed-use development located along 16th Street between Blake and Wazee in lower downtown Denver. Brady O’Donnell, Jeff Halsey and Jill Haug, with CBRE Capital Market’s Debt and Structured Finance group, represented the

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