Author name: milehighcre

Rocky Mountain Regional VA Medical Center Opens Doors

AURORA — The Rocky Mountain Regional Veterans Affairs Medical Center in Aurora will open its doors to inpatient veterans on August 4, 2018. Designed to transform the patient and family experience, the new 1.2 million-square-foot campus includes a four-story concourse, research facilities, diagnostic and treatment buildings, inpatient treatment buildings, and clinic buildings. The new facility replaces […]

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WELL Condos Coming to Uptown Denver

DENVER – Colorado-based NAVA Real Estate Development (NAVA), the developer of Lakehouse in Sloans Lake, has announced plans for its second condominium development, this time in downtown Denver’s Uptown neighborhood. The 12-story building will have approximately 249 units and is located at 575 East 20th Avenue. NAVA purchased the 1.06-acre site for $7.1 million from the Denver Housing Authority.

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150-Unit Apartment Community to be Built Near DIA

DENVER – Boulder-based developer, SEEC Enterprises will begin construction of the Brick Stone Apartments On 56th Ave, a 150-unit apartment community located south of East 56th Avenue between Pena Boulevard and Tower Road in the Denver International Airport corridor. The multifamily development project is expected to break ground August 2018. Led by CBRE’s Zac Brumbaugh of the Debt &

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1600 Glenarm Place Sells for $131M

DENVER — 1600 Glenarm, a 31-story apartment building in the heart of downtown Denver has sold for $131 million. Northland Investment Corporation, a company registered to Northland Investment Corp. of Newton, Massachusetts, purchased the Iconic mixed-use high rise on Sixteenth Street Mall from RedPeak, Denver-based owner and developer of apartments. The purchase is Northland’s first

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transactions

Transactions Report Week Ending 07.20.18

Pinnacle Announces Sale of 1690 Yarrow Street Pinnacle Real Estate Advisors, LLC announced the sale of 1690 Yarrow Street located in Lakewood. This unique sale included a 3,600-square-foot multifamily building plus a 900 square single-family home and traded hands for $1,095,000 ($243.33 per square foot). Principal JB Hochman and Associate Advisor Erik Toll represented the seller.

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Movers and Shakers

Movers and Shakers Week Ending 07.20.18

JVA, INCORPORATED ANNOUNCES NEW GLENWOOD SPRINGS CIVIL PROJECT MANAGER JVA, Inc. announces that J.R. Spung, P.E. has joined the firm as a Civil Project Manager in the Glenwood Springs office. Spung received his Bachelor of Science in Civil Engineering from Florida State University and brings more than 15 years of experience with more than 10 years in the

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Denver Hotel Market to Reach Near Record Occupancy in 2018

DENVER – Hotel supply and demand growth in Denver is expected to double the national average in 2018. Supply is forecasted to increase 4.6 percent this year, compared to 2.0 nationally, that’s according to CBRE Hotels’ Americas Research (CBRE) that provides capital markets, consulting, investment sales, research and valuation services to companies in the hotel sector. Demand for hotels

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Two New Medical Facilities Top Out

DENVER – Vertix Builders, a culture-focused construction company, is pleased to announce the successful topping out of two new medical facilities:  the Greeley Skilled Nursing Facility and the Dry Creek Medical Office Building.  The company celebrated the milestones with parties for clients, subcontractors, and guests earlier this month.   The Greeley Skilled Nursing Facility, located

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NKF Acquires Integra Realty Resources Offices in Denver

DENVER — Newmark Group, Inc. (NASDAQ: NMRK) has acquired the Denver and Pasadena offices of Integra Realty Resources (IRR) — the largest independent commercial real estate valuation, counseling, and advisory services firm in the United States — as part of a strategic move to develop its Valuation & Advisory (V&A) practice. NKF also acquired eight other IRR offices

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