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SMPS Colorado February Luncheon: Opportunity Zones

Leave a Comment / Development, Events /

DENVER — The Colorado Opportunity Zone Program is expected to pump millions of dollars of new investment into development in once overlooked areas. The program has the potential to fund a wide variety of projects, including real estate development, new infrastructure, affordable housing, renewable energy projects and startups. With such a substantial impact on development in Colorado, SMPS Colorado

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Crocs Relocating HQ from Niwot to Broomfield

Leave a Comment / Office /

View here According to the Denver Business Journal, shoemaker Crocs Inc. will relocate its corporate headquarters to Broomfield in 2020. Crocs will move from its current 98,000-square-foot headquarters at 7477 East Dry Creek Parkway in Niwot to a new 88,000-square-foot headquarters at 13699 Via Varra Road in Broomfield. The building is part of Ektin Johnson Real

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Downtown Denver

Downtown Denver Partnership’s 2019 Economic Forecast

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

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 /

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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Cresa Managing Principal Recognized as a CO Top 25 Young Professional

Leave a Comment / Awards, Brokerage /

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

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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 /

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

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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 /

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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