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Movers and Shakers

Movers and Shakers Week Ending 01.04.19

Hensel Phelps Announces Retirement of CEO Jeff Wenaas and Appointment of Michael Choutka as Chief Executive Officer The Hensel Phelps Board of Directors is pleased to announce the retirement of Chief Executive Officer Jeff Wenaas and the appointment of Michael (Mike) J. Choutka as president and chief executive officer effective January 1, 2019. “On behalf […]

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16.26 Acres in Thornton Zoned for Multifamily Sells for $4.7M

THORNTON — NavPoint Real Estate Group has completed the sale of a multifamily land deal on the Northwest corner of E 128th Ave and Washington Street in Thornton, totaling 16.26 acres. The land is approved for 283 apartment units and is located in close proximity to the future East Lake commuter rail stop, the Denver Premium Outlets, and Top

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Catalyst HTI Lands Two New Tenants

DENVER — Catalyst Health Tech Innovation, the first-of-its-kind office building in RiNo, recently signed two new innovative tenants. Storyvine, the Guided Video platform, is thrilled to announce joining the Catalyst HTI family along with Muse® by Interaxon Inc., a leading consumer neurotech company and the creator of Muse®: the brain sensing headband. Catalyst HTI was founded as a result

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Denver-based Investment Company Hits $200M Milestone

DENVER — Baceline Investments, LLC, a Denver-based boutique private equity real estate investment and management company with neighborhood shopping center holdings throughout the Central United States, has announced that its core income portfolio has surpassed $200 million in asset total with the recent acquisition of Woodlands Market in Menomonee Falls, Wisc. Founded in 2003, Baceline’s targeted core income

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Colorado Springs Ranked a Top City to Find a Job in 2019

COLORADO SPRINGS — With the unemployment rate at an eighteen-year low of 3.7 percent and employers expecting to hire 16.6 percent more college graduates from the Class of 2019 than from the previous graduating cohort, the personal-finance website WalletHub just released its report on 2019’s Best Places to Find a Job. To determine the strongest

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More For-Sale Condos Coming to Denver’s Golden Triangle

DENVER — Construction is underway on another for-sale condo project, this time in Denver’s Golden Triangle neighborhood. Oyster International based in Denver is the developer of the project called Satori, a 24-unit for-sale condo development contained in a five-story building, located at 958 North Lincoln Street. More than 50 museums, galleries, art studios, cafés, parks, nightclubs and

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Ivy Residences Under Construction in LoHi

DENVER — Elevation Capital Partners, a strategic real estate investment, development and asset management company located in Denver recently began construction of a new for-sale condo project in LoHi. Ivy Residences will provide 26 homes in a five-story building located at West 33rd Avenue near Shoshone Street. Experienced in mixed-use, urban infill, commercial and custom residential projects, Craine

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City Council Approves Proposal for Central Platte Valley Affordable Housing Plan

DENVER – A proposal to require affordable housing plans for large projects utilizing height incentives in the Central Platte Valley-Auraria District has been approved by Denver City Council. “Affordable housing remains a primary challenge for many of our residents,” Mayor Michael B. Hancock said. “We’ve made great progress the last few years and these large

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Castle Rock Apartments Sell for $16.5M

CASTLE ROCK — On December 28, Seattle-based Security Properties, a national real estate investment, development, and operating company, purchased Highlands at Red Hawk, a 56-unit, Class-A, garden-style apartment community located in Castle Rock for $16.5 million. Security Properties now owns 12 assets in Colorado totaling 2,393 units. Highlands at Red Hawk is a Class-A, garden-style apartment

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CBRE Arranges $83.2M Loan, Arvada Newly Built 352-Unit MultiFamily Development

DENVER — CBRE Capital Markets’ Debt & Structured Finance team has arranged an $83.2 million loan for the newly developed Solana Olde Town Station, a 352-unit multifamily property near Denver. Bill Chiles, Scott Peterson, Morgon Fraser and Brian Cruz of CBRE’s San Diego office secured the Freddie Mac debt on behalf of ReyLenn Properties LLC, replacing

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