Author name: milehighcre

Survey of CRE Execs Reveals Acceleration of Tech Adoption

Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, recently released the latest Altus Group CRE Innovation Report. The report provides an outlook on technology trends impacting the global CRE industry and highlights the significant acceleration in adoption of property technology […]

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Multifamily Affordable Housing in Boulder Receives Financing

BOULDER — KeyBank recently provided $50.4 million in total combined financing for a tax-exempt bond transaction to support the construction of Alexan Diagonal Crossing, a 105-unit garden-style apartment community that is income-restricted for families earning at or below 60 percent AMI in Boulder. Diagonal Crossing broke ground in June 2017 and is being developed on two

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Atlas Real Estate Group Announces New Employee Equity Ownership Plan

DENVER – Atlas Real Estate Group, a full-service realty group specializing in real estate investments, brokerage and property management, today announced the start of the company’s Employee Equity Ownership Plan. This new addition to the suite of Atlas employee benefits is introduced as the group continues to grow its presence throughout the greater Colorado area. Atlas is evolving

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EVIVA on Cherokee Sells for $110.5M

According to Denver County public records, The Integral Group, the owner and developer of Eviva Cherokee, has sold the 18-story apartment building located at 1250 Cherokee St. in Denver for $110.5 million. EQR1250 Cherokee LLC, which is registered to the same address as Chicago-based Equity Residential purchased the property. Equity Residential also recently purchased Radius Uptown

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293-Unit Apartment Community Coming to Lakewood

LAKEWOOD — Denver-based investment and development firm Riverpoint Partners and Iron River Management, LLC are set to deliver Brickhouse at Lamar Station, a high-end 293-unit market rate apartment building by Fall 2021. The project will be located on a 3.75-acre site at 6300 W. 13th Ave., Lakewood, within walking distance to the Lamar Station light rail stop. The four-story wood

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Denver’s Fentress Architects Reveals Design for New Global Terminal in Chicago

DENVER — Fentress Architects, a Denver-based architecture firm, is one of five firms that have been shortlisted to reimagine the design for Chicago O’Hare’s New Global Terminal and Concourse. As the architect for Denver International Airport, this international design competition is an important opportunity for Colorado’s Fentress Architects to design a world-class global terminal in Chicago. A

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Townhome Project Planned for Parcel of Land in Platte Park

DENVER —A parcel of land located at 520 E Buchtel Blvd. in the Platte Park neighborhood of Denver has sold for $875,000 or $128/ft. McAtee Properties LLC, a small Denver-based residential developer, bought the 13,563-square-foot plot of land that included an existing car wash. Greg Titus and Brent Hubbell with Pinnacle Real Estate Advisors represented the

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36-Story Residential Tower, Office Building Proposed for Downtown Denver

DENVER — Kairoi Residential, a premier, vertically integrated, multifamily investment, development and property management company headquartered in San Antonio with offices in Austin and Denver, recently submitted a Project Concept Review Plan to the city for a 36-story residential tower and five-story office tower for a site located at 1300 Market St. and 1301 Larimer St. The project is

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New Wellness Marketplace to Replace Former School at Federal and Speer

DENVER– Collegiate Peaks Bank has provided the financing for a new “wellness marketplace” named Nurture at 2949 Federal Blvd. in Denver. The buyer, Nurture, founded by Peter Strauss, Nikki Dority and Kelly Campbell, paid $6.1 million for the 20,700-square-foot building and hopes to open next summer. “We had the opportunity to work with an incredible team at

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AGC of Colorado Honor 25- and 50-Year Associate and Supplier Members

DENVER — AGC of Colorado honored 50-year and 25-year associate members who provide essential professional services and equipment to the construction industry at the December 2018 Breakfast with the Board and Outlook 2019 Associate/Supplier Showcase. With more than 400 construction industry professionals in attendance, AGC of Colorado recognized the importance of all team members and the

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