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Joint Venture Sees Value in 12-story Office Tower in Downtown Denver

Leave a Comment / Brokerage, Investment, Office /

DENVER — Belay Investment Group, LLC (“Belay”) and Harbor Associates, LLC (“Harbor”) have acquired Capitol Center, a twelve story, mid-century office tower attached to a historic, two story building, totaling 166,000 square feet located at 225 E. 16th Ave. in Uptown Denver. As part of the transaction Belay and Harbor also acquired 700 N Central is an […]

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Cherry Creek Apartment Portfolio Sells for $56.35M

Leave a Comment / Brokerage, Multifamily /

DENVER – A three-property multifamily portfolio located in Denver’s Cherry Creek neighborhood — one of the immediate area’s last remaining large-scale value-add offerings — has sold for $56.35 million. The portfolio includes The Rise at Cherry Creek located at 848 South Dexter, The Edge at Cherry Creek located at 4600 East Kentucky Avenue and The Vue at Cherry

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Adolfson & Peterson Takes Home Two EIC Merit Awards

Leave a Comment / Awards, Construction, Events /

DENVER – The Associated Builders and Contractors Rocky Mountain Chapter held this year’s Excellence in Construction Awards (EICs) on Friday, October 19th, 2018, with Adolfson & Peterson Construction (AP) taking home Merit Awards for both the Estes Valley Community Recreation Center project and the Natrona County High School Historic Renovations project. “Winning these awards shows

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Broomfield Apartment Community Sells for $106M

Leave a Comment / Brokerage, Multifamily /

The Connor Group A Real Estate Investment Firm based in Ohio has purchased Terracina Apartment Homes in Broomfield, for $106M. The Connor Group reportedly purchased the community as part of a four-property $618 million buy that also includes properties in Chicago, Raleigh, Atlanta, Dallas. Terracina Apartements is 386-unit community developed by Catalina Development Co. and built in 2009.

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transactions

Transactions Report Week Ending 10.26.18

Leave a Comment / Transactions /

Hunt Real Estate Capital Refinances a Manufactured Housing Community Located in Boulder Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced it provided a Fannie Mae conventional multifamily loan of $39 million to refinance a manufactured housing community located in Boulder. The loan has a ten-year term with

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Movers and Shakers

Movers and Shakers Week Ending 10.26.18

Leave a Comment / Movers and Shakers /

JOHNSON NATHAN STROHE Welcomes New Team Members Tyler Myers and Alicia Johannesen JOHNSON NATHAN STROHE, a Denver-based architecture and interior design firm specializing in hospitality, urban housing and mixed-use projects, recently welcomed Interior Designer Tyler Myers and Intern Architect Alicia Johannesen. “These additions to JOHNSON NATHAN STROHE are uniquely skilled at combining pragmatism and beauty

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Colorado Springs Church Receives Restoration Award

Leave a Comment / Architecture, Awards, Construction /

COLORADO SPRINGS — Sacred Heart Church in Colorado Springs was recently awarded the Civil/Civic Rehabilitation and Restoration Award from the Historic Preservation Alliance of Colorado Springs. The Annual Historic Preservation Awards, presented by the Historic Preservation Alliance of Colorado Springs (HPA), is a local competition recognizing outstanding rehabilitation/restoration, compatible new construction, stewardship and heritage projects

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CapitaLand of Singapore Purchases 5 Denver Apartment Buildings

Leave a Comment / Brokerage, Investment, Multifamily /

According to the Denver Business Journal, CapitaLand, of Singapore has purchased five Denver apartment buildings. The buildings are part of a portfolio of 16 U.S. multifamily properties bought for $835 million. The Sienna at Cherry Creek complex, located 1939 S. Quebec Way, has 220 units and was purchased for $40.6 million. The other four apartment complexes

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City of Boulder Creates Area Plan for Alpine-Balsam Site

Leave a Comment / Affordable Housing, Development, Feature /

By Katie Rapone The City of Boulder is currently working with the community to develop an area plan for the Alpine-Balsam site in Boulder, the former site of Boulder Community Health Broadway Campus. In December 2015, the city purchased the 8.8-acres of property — that sits along the broadway corridor, north of University Hill and downtown

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