Author name: milehighcre

Denver Rents Down 9% (Zumper National Rent Report)

According to the latest Zumper’s National Rent Index, Denver ranked as the 24th most expensive city with one-bedroom rent falling 1.2% in July to $1,680, while two-bedrooms dropped 1.3% to $2,270. On an annual basis, Denver rents are both down about 9%.  Nationally, the National Rent Index reveals either flat or declining rates across the […]

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New 8-Acre Park Features Fully Inclusive Design

Sterling Ranch, a 21st-century master-planned community, held a ribbon-cutting ceremony on Saturday, July 26, to celebrate the grand opening of the community’s newest amenity, Prospect Park. The eight-acre park features a fully inclusive design for children and adults with special needs, including a playground, picnic areas, a multi-purpose turf field (for youth soccer, concerts and movie

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New Pedestrian Bridge Announced for the Town of Firestone

The Town of Firestone has approved a reimbursement agreement between the Town of Firestone and Barefoot LLC (the developer of Barefoot Lakes) to fund the design and eventual construction of a pedestrian bridge over St. Vrain Creek, just south of the Barefoot Lakes development. For many years, Firestone residents, especially those in Barefoot Lakes, have asked

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Chicken N Pickle Expands Vision with Strategic Growth Shift

With a new location in the Denver suburb of Thornton, Chicken N Pickle, the nationally recognized indoor/outdoor entertainment complex known for its chef-driven restaurant, pickleball courts, and lively community atmosphere, has announced a strategic evolution in its growth plan. With 13 locations operating across the country, the brand is shifting its focus toward acquiring complementary entertainment and hospitality

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Former Public School Property in Loveland Sells for $5M

Cushman & Wakefield recently arranged the sale of 1500 Monroe Avenue, a 53,000-square-foot property formerly utilized by Thompson School District in Loveland. The final sale price was $5 million. Cushman & Wakefield’s Travis Ackerman and Berkshire Hathaway’s Jack Tretheway represented the seller, Thompson School District, in the transaction. The property was acquired by St. John Paul II

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Beloved Evergreen Restaurant Searching for New Owner

The iconic El Rancho restaurant and event venue in Evergreen, a community landmark for more than 75 years, is in search of a new owner or operator to lead it into a new era. Earlier this year, convenience store chain QuikTrip (QT) acquired the land on which El Rancho sits, raising questions about the venue’s

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Energy-Efficient Affordable Housing Breaks Ground in Frisco

Today, July 24, the Colorado Middle Income Housing Authority (MIHA), the Colorado Office of Economic Development and International Trade (OEDIT), and the Colorado Department of Local Affairs (DOLA) joined the community of Frisco to celebrate the groundbreaking of Galena Apartments, which will provide 54 middle-income rental apartments for workers. “Expanding access to housing people can

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Brinkman Closes Sale of Arvada’s First Hotel

Brinkman Real Estate and Colmena Group, a Salt Lake City-based real estate firm, have completed the sale of Hilton Garden Inn Arvada, a legacy hospitality asset originally developed in 2017. The property was sold to Olympia Hospitality, a nationally recognized hotel investor and operator, reflecting strong asset performance and favorable market timing. The transaction is part of

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Movers and Shakers Week Ending 07.25.25

BMC Investments Adds Janelle Henningsen to Asset and Portfolio Management Team BMC Investments (“BMC”), a Denver-based vertically integrated real estate firm, announced that Janelle Henningsen has joined the firm as an associate on the asset and portfolio management team. Henningsen will be responsible for supporting the performance and business plan execution of BMC’s multifamily value-add portfolio.

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transactions report

Mile High Transactions Report Week Ending 07.25.25

Lee & Associates Denver Leases 14,400 SF of Office Space Lee & Associates announced the successful lease of a 14,400 SF space located at 6575 Oakwood Boulevard, Colorado Springs. The site will become the newest location for the Willowbrae Academy, a well-respected early childhood education provider making its debut in the Colorado market. Sara Thurber

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