Author name: milehighcre

Lafayette Apartment Complex Sells for $60.25M

BOULDER — Luna Bella Apartments, a 240-unit multifamily project in Lafayette, Colorado, has been purchased by Buchanan Street Partners — a California-based real estate investment management firm — from Milestone Development Group, for $60.25 million. The purchase of Luna Bella represents Buchanan Street’s continued investment focus on acquiring high quality multifamily assets in suburban locations proximate to major metropolitan […]

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EPA Green Roof

Denver Property Managers Voice Green Roof Concerns

View here The new Denver ordinance that requires buildings more than 25,000 square feet to dedicate a percentage of their roof to green, vegetative space, has many property managers concerned about the impact the ordinance may have on the cost of running their buildings. In particular, the increased water costs associated with keeping a green roof

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transactions

Transactions Report Week of 02.05.18

Marcus and Millichap Arranges the Sale of a 126-Unit Apartment Property in Aurora Marcus & Millichap announced the sale of Fitzsimons Junction, a 126-unit apartment property located in Aurora, according to Bob Kaplan, regional manager of the firm’s Denver office. The asset sold for $13.25 million. Greg Price and Jason Hornik, multifamily investment specialists in Marcus

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Movers and Shakers

Movers and Shakers Week of 02.05.18

Private Capital Office Investment Experts Move to CBRE CBRE announced this week that James Brady, Campbell Davis and Rachel Shanahan have joined CBRE’s Capital Markets, Investment Properties, practice in Denver. Formerly with Cushman & Wakefield in Denver, the team specializes in helping private capital investors with the disposition of office properties located throughout the Rocky Mountain Region. “With

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Urban Villages Purchases Iconic Rocky Mountain Seed Co. Building

DENVER – Seed Building LoDo, LLC, an affiliate of Denver-based Urban Villages, Inc., has purchased the Rocky Mountain Seed Co. Building at 1520 Market Street, the adjacent three-story addition at 1500 Market Street and the historic 1321 15th Street in LoDo, for $21 million. Originally constructed by F.C. Vetting in 1920, the Rocky Mountain Seed Co. Building’s 44,398-square-foot

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SugarSquare Construction Nears Completion

By Katie Rapone SugarSquare is destined to be an iconic building in downtown Denver. The 4-story, 10,800-square-foot office building is only 25 feet by 100 feet — a case study for big design in a narrow urban space. Construction of this highly intricate building took a year and a half, with substantial completion scheduled for March

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Large Expansion Project Tops Out at UCHealth, Colorado Springs

COLORADO SPRINGS – This week, GE Johnson team members, hospital staff, project partners, and community representatives celebrated the topping out of a large expansion project at the University of Colorado Health’s Memorial Hospital North in Colorado Springs. The project has been underway since late summer of 2016, and has been the center of much excitement on

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Huckleberry Roasters & The Perfect Petal Open at Dairy Block

DENVER — Huckleberry Roasters and The Perfect Petal are now open inside Dairy Block, Denver’s newest micro-district redevelopment in the heart of lower downtown. Dairy Block offers 66,000 total square feet of prime restaurant and retail space. Developed by McWHINNEY, Sage Hospitality and Grand American, Inc., Dairy Block is a mixed-used redevelopment of the LoDo block that once

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Groundbreaking: Balfour at Lavender Farms, Louisville

LOUISVILLE — Balfour Senior Living and AEW Capital Management will break ground on their latest senior assisted living community, Balfour at Lavender Farms. The project is the latest addition to the Balfour’s Louisville campus that is slated for occupancy in the first quarter of 2019.    DTJ Design has been selected as the architectural firm and Brinkmann Constructors as

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Snowmass Base Village Experiencing Condo Sales Surge

SNOWMASS, CO – A $600 million collaboration between three Colorado-based companies in the mountain resort business; East West Partners (EWP) — a Colorado-based national real estate development and placemaking company — Aspen Skiing Company (ASC) and KSL Capital Partners, has resulted in a residential sales surge at Snowmass Base Village. Since re-launching the Viceroy Residences in

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