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transactions

Transactions Report Week of 04.09.18

Marcus & Millichap Arranges Sale of 48-Unit Apartment Building Marcus & Millichap announced the sale of Moline Apartments, a 48-unit apartment property located in Aurora, for $5.04 million. Peter Standley and Boomer Beatty, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, an […]

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JLL Secures $9.9 Million in Acquisition Financing for DTC Hotel Brand Conversion

DENVER — JLL’s Capital Markets experts has secured acquisition financing for the brand conversion of the Holiday Inn Express & Suites Denver Tech Center, a 92-key hotel located in Denver, Colorado. Under new sponsorship, the hotel will be converted to IHG’s newest brand, the EVEN Hotel. The loan was secured on behalf of the new owner, Banyan

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Office Evolution Opens 13th Colorado Business Center in Longmont

LOUISVILLE, CO – Riding the wave of the rapid growth in demand for shared office and co-working space, Office Evolution, a rapidly-growing B2B franchise offering co-working space, private office space, virtual offices and business services, has opened its 13th Colorado location in Longmont. The new 6,500-square-foot center located at 1079 South Hover St., Suite 200, offers small businesses

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CityScape at Belmar

Denver a Top 10 Seniors Housing Construction Market

DENVER – Marcus & Millichap’s First Half 2018 National Seniors Housing Research Report states that Denver is a Top 10 Seniors Housing Construction Market. Denver currently has 2,145 units under construction and in Q4 2017, the city had a 90.2 percent stabilized occupancy rate. According to the report senior housing demand invigorates as homeownership becomes less advantageous

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Developer Roundtable at SMPS May 9 Luncheon

DENVER  — The Colorado Chapter of the Society for Marketing Professional Services’ May 9 luncheon will host a roundtable focused on developers, with participants representing many sectors. Our guest developers will share information about their upcoming opportunities and forecasts, as well as what they evaluate and prefer for in business practices such as proposals, and finally, how to

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Denver-based Civitas Selected for Minn. Waterfront Project

DENVER —  Award-winning Denver-based urban design and landscape architecture firm Civitas has received approval to move forward with the design of implementation plans and construction documents for the Lake Effect Project to revitalize the Lake Minnetonka waterfront for the City of Wayzata, Minn. A strategic initiative to enhance Wayzata’s character and connectivity to Lake Minnetonka, the

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Groundbreaking: Bioscience Building Heralds New Era for Fitzsimons Innovation

DENVER — Officials from the Fitzsimons Redevelopment Authority joined dignitaries from the University of Colorado, the city of Aurora, the Aurora and Denver Metro Chambers, along with U.S. Senator Cory Gardner and U.S. Representative Mike Coffman on April 3 to celebrate the groundbreaking of the newest bioscience project at the Fitzsimons Innovation Community. Undergoing a transformation into one

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Event Recap: NAIOP Point/Counterpoint Public Policy Forum

By Liz Gibbons DENVER — NAIOP and guest panelists came together on Tuesday for a discussion of public policy issues impacting commercial real estate development along the Front Range. Moderated by Krista Kafer, Denver Post columnist and adjunct professor of communication at Regis University, NAIOP Colorado hosted a public policy forum, Point/Counterpoint, to debate transportation, anti-growth initiatives and attainable

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