Author name: milehighcre

Apartment Community in Southeast Denver Sells for $65.5M

DENVER — Besyata Investment Group and The Scharf Group have acquired One Dartmouth Place, an apartment community located in Southeast Denver, for $65.5 million. The seller was not disclosed. BH Management will handle the day-to-day property management and leasing of the 418-unit property that offers spacious one and two bedroom homes as well as studio units.  

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Walker & Dunlop to Acquire Denver-based Asset Management Platform

DENVER – Walker & Dunlop, Inc. (NYSE: WD), one of the largest commercial real estate services and finance companies in the United States, will acquire a Denver-based asset management platform, the company announced Wednesday. JCR Capital (“JCR”), an alternative investment manager that provides capital solutions to commercial real estate sponsors throughout the United States, has more than $800

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New Project: Kenect Denver

DENVER — A new development called Kenect Denver, proposed for downtown Denver at 2136 Lawrence Street, is currently under review by the Arapahoe Square Design Advisory Board. According to submittal documents the 34-story building will include 441 residential units, and street level office/retail space and stands to be one of the tallest buildings in the area. Chicago-based Akara

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$12.9M Affordable Housing Project to Break Ground in Aurora

AURORA – Housing nonprofit Brothers Redevelopment Inc., will break ground on Wednesday, March 21, on Paris Family Apartments, a 39-unit apartment community for families at 1702 Paris St. The $12.9 million project fulfills a longtime goal of the City of Aurora’s comprehensive plan for affordable family housing. Paris Family Apartments is designed to serve families, with 24 two-bedroom

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The Neenan Company Begins Development of Commercial Condos in Timnath, CO

FORT COLLINS — The Neenan Company, a fully integrated design-build firm based in Colorado, is beginning development for The Plaza at Riverbend, a mixed-use retail center in Timnath, CO. Serving as the project’s developer and design-builder, The Neenan Company will sell the retail and office condos to each end user upon the project’s completion, a rare

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Denver-based Sagebrush Companies Receives “Best Hotel Design” by the AAI Mexican Association

DENVER — Denver-based Sagebrush Companies, a firm specializing in real estate investments and thoughtful development, recently received the award for “Best Hotel Design”  by the Architecture and Interior Design Mexican Association, for their Carmen Hotel property in Playa del Carmen, Mexico. “Being recognized as having the best hotel design by this prestigious association further elevates The Carmen

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Inland Real Estate Acquisitions, LLC Acquired Eight Multifamily Properties in Colorado in 2017

DENVER – Inland Real Estate Acquisitions, LLC, negotiated and closed the purchase of eight multifamily properties in Colorado throughout 2017 on behalf of Inland-related parties. The acquisitions total 2,199 units for a total cumulative purchase price of approximately $509 million. To date, Inland Real Estate Acquisitions, LLC has completed the acquisition of 22 multifamily properties in Colorado,

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Colorado Construction Summit: Creating Inventory in 2018

DENVER — A wide range of education and networking sessions – including a first-ever builder panel – will be featured at the second-annual New Construction Summit: Creating Inventory in 2018. Held at Denver’s Mile High Station on April 10, the event is sponsored by Canyon Title and co-sponsored by one of its underwriters, North American

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Digital Marketing Company Madwire® Signs 102,000-Square-Foot Lease in Fort Collins

FORT COLLINS – Tech enabled marketing software and service company Madwire® have signed a 102,000-square-foot lease at 3405 South Timberline Road in Fort Collins. The company currently employs 500 people at a nearby location on Harmony Road but expects to double its Northern Colorado operations to 1,200 employees over the next three years. Peter Kast and Pete Kelly with CBRE

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Exterior Design Approved for ACC Castle Rock

CASTLE ROCK, CO — The exterior design for the the two-story, $40 million Arapahoe Community College (ACC) Castle Rock Collaboration Campus, was unanimously approved by the town council on Tuesday, Feb. 20. The project is a joint venture among the Town of Castle Rock, Arapahoe Community College, the Castle Rock Economic Development Council, Colorado State University and

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