Author name: milehighcre

Transit-Oriented Mixed-Use Property Sells in Olde Town Arvada

DENVER – Olde Town Plaza, a 19,673-square-foot, transit-oriented, mixed-use retail and residential building in the northwest Denver suburb of Arvada, has sold for an undisclosed price. The Holliday Fenoglio Fowler, L.P. (HFF)  team marketed the property on behalf of the seller, Revesco Properties USA — a Denver-based boutique real estate investment and management firm. Olde Town Plaza […]

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Adolfson & Peterson Construction Tops Out Thunder Vista P-8 School

BROOMFIELD, CO — Adolfson & Peterson Construction (AP) today announced the topping out of the new Adams 12 Thunder Vista P-8 School. The school, which is expected to serve about 900 to 1,000 students, was financed through a $350 million school construction bond which passed in November 2016. The topping out ceremony took place on December

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Cherry Creek North Office Building_Denver CO

Developers Eager to Alter Prominent Corners of Cherry Creek North

View here The Cherry Cricket and Whole Foods are among the businesses that could be affected by plans that two developers have for Cherry Creek North. Seattle-based Unico Properties filed for a certificate of nonhistoric status for a pod of commercial buildings at the northwest corner of Clayton Street and Second Avenue, and back in

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AMLI RiNo Poised to Break Ground Summer of 2018

DENVER – Chicago-based AMLI Residential’s latest development AMLI RiNo is the latest project in the River North (RiNo) neighborhood slated to break ground in the Summer of 2018. Positioned between commuter rail lines, the RiNo Arts District, and Denver’s vibrant lower downtown, the 390-unit development is poised to add residential density and beautiful design to one of Denver’s

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Highly Regarded Industry Veteran Becomes Principal at Avison Young

DENVER — Alec Wynne, Avison Young principal and managing director of the firm’s Denver office, announced today the strategic hiring of highly regarded commercial real estate industry veteran David Tilton. Effective immediately, Tilton becomes a principal of Avison Young and will continue to focus on his capital markets specialty. Working closely with Wynne and Principal Rick Egitto,

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Multifamily Investor Hamilton Zanze Acquires Bella Springs Apartments In Colorado Springs

Colorado Springs, CO — San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 364-unit Bella Springs Apartments apartment community in Colorado Springs. The purchase marks the firm’s 13th acquisition in the Colorado Springs metro. With this latest acquisition, the firm now owns and operates five properties in the market, including Resort at University Park

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transactions

Transactions Report Week of 01.01.18

Harbert Management Corp., Bancroft Capital Obtain $44.6M Refinancing for Denver Highlands Office Building A joint venture between Harbert Management Corporation and Bancroft Capital has obtained a $44.6 million loan to refinance Denver Highlands, a 359,919-square-foot office property in Denver. The asset is located at 10375 and 10065 E. Harvard Ave. The JV acquired the property

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New Snowmass Base Village Residences Offered For Sale

Snowmass, CO — The first residential opportunities at the new Snowmass Base Village are now available for sale — just in time for the New Year. These whole-ownership residences are part of the transformation of Snowmass Base Village currently underway, a $600 million collaboration between three major Colorado players in the mountain resort business — East

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Movers and Shakers

Movers and Shakers Week of 01/01/18

PCL Construction Appoints Regional Vice President of U.S. Buildings PCL Construction Enterprises, Inc. has appointed Jack Sample to the position of regional vice president, U.S. Buildings. In this role, Jack will join the executive team at US Head Office in Denver and oversee PCL’s buildings operations in Seattle, Hawaii, and California, including the Los Angeles, Orange

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JLL secures $66 million in Construction Financing for Westminster Multifamily Project

DENVER – JLL’s Capital Markets experts today announced the company secured construction financing for Ascent Apartments, a planned multifamily community for the new mixed-use development in downtown Westminster, Colorado. The financing, secured on behalf of the developer, Minneapolis-based Sherman Associates, includes a $50 million senior loan and $16.2 million in preferred equity from Everwest Real Estate

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