milehighcre, Author at Mile High CRE

Downtown Denver Partnership’s 2019 Economic Forecast

Leave a Comment / Development, Multifamily, Office, Reports, Retail / milehighcre

DENVER — According to the 2019 Economic Forecast Report released by the Downtown Denver Partnership (DDP), downtown Denver’s economy continues to perform exceptionally well. Companies and their employees continue to flock to downtown at a pace well above national, state and regional growth. Downtown jobs are providing people higher-paying job opportunities; downtown population continues to climb […]

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Apartment Sector Sustains Positive Outlook, says Marcus & Millichap

Leave a Comment / Brokerage, Investment, Multifamily, Reports / milehighcre

DENVER – Marcus & Millichap recently released its 2019 Multifamily Investment Forecast Report that includes metrics and analysis of 50 metros across the U.S. and Canada. According to the report, accelerating household formation, underpinned by the tight labor market, will continue to support rental demand in 2019. Evolving recruiting practices and shifting demographics will favor a variety of

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SOI Sales Joins Catalyst HTI Ecosystem

Leave a Comment / Healthcare / milehighcre

DENVER — SOI Sales, a consulting firm focused on increasing sales efficiencies and revenue, recently announced its membership at Catalyst HTI in RiNo. “Over the last few years, I had heard about the exciting vision Mike Biselli had for the Catalyst HTI community and the healthcare industry,” said Sean Kelly, CEO of SOI Sales. “Thus, being at the

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Cresa Managing Principal Recognized as a CO Top 25 Young Professional

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DENVER – Cresa, the world’s largest occupier-centric commercial real estate firm, is pleased to announce that Managing Principal Garrett Johnson has been named one of Colorado’s Top 25 Young Professionals by ColoradoBiz Magazine. The 25 honorees were selected by a panel of editors, business leaders and former winners based on achievements – both in and

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Transactions Report Week Ending 02.01.19

Leave a Comment / Transactions / milehighcre

JLL Secures $7.975M in Debt and Equity Financing for Mars Hospitality JLL’s Capital Markets team recently secured $7.975 million in debt and joint venture equity financing for The Holiday Inn & Suites – Grand Junction Airport, a 119-room, 4-story full service hotel in Grand Junction, Colorado. Managing Director Baxter Fain along with Vice President Ryan Zikas led the

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Smart Concrete Solutions for 2019

Leave a Comment / Construction, Contributed Article, Development, Feature / milehighcre

By Chris Pederson, vice president of the Concrete Division of GH Phipps Construction Companies. Concrete may appear to be one of the more routine materials used in a construction project, but if an owner/developer/builder doesn’t give it the time, attention and respect it deserves, this “basic” material can wreak havoc on the project with cost overruns,

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Denver-based Investment Development Firm Announces 2018 Highlights

Leave a Comment / Development, Investment / milehighcre

DENVER — Black Creek Group, a Denver based real estate investment manager and development firm with a 25-year history, today announced its 2018 activity highlights. “We are very pleased with the strong performance in 2018 as our team continues to deliver results across all fronts,” said Raj Dhanda, Black Creek Group’s chief executive officer. “Capitalizing

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New Hotel Planned for Downtown Denver

Leave a Comment / Development, Hospitality / milehighcre

Iowa-based Hawkeye Hotels has purchased a site at 1320 Glenarm in Denver’s Central Business District for $7 million, according to Denver County public records. Although the project is still in the design phase, Hawkeye Hotels confirmed to the Denver Business Journal that that the firm will build a dual-branded TownePlace Suites and Fairfield Inn on the site

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The Forum at Cherry Creek Sells for $13.6M

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DENVER – The Forum at Cherry Creek, a 10-story, 83,268-square-foot, multi-tenant office building located at 425 S. Cherry Street in Glendale, has sold for $13.6 million or approximately $165 per square foot to a private company. Aaron D. Johnson and Jon D. Hendrickson, managing directors, of Cushman & Wakefield Denver’s Capital Markets Group had the

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