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transactions

Transactions Report for Week of 07.03.17

Colorado Springs Apartment Complex Sells for Fourth Time Since 2014 Colliers International Multifamily Advisory Group is pleased to announce the sale of Midtown Flats Apartments (FKA Gallery Apartments) a 58-Unit Community, built in 1970. The property sold for $4,030,000 or $69,483/unit. At $138/sf, this sale represents the second highest $/sf for a multifamily property built prior 1980 […]

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Haselden Construction Breaks Ground on New Larimer County Building

Centennial, CO — Last Thursday was an exciting day for the crowd gathered at Haselden Construction’s 8.9 acre project site at First Street and Denver Avenue in Loveland. The celebration and ceremony marked the official groundbreaking for the new Larimer County Building which is scheduled for completion in late summer or early fall of 2018. “This [building] was the

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L.A. Company Buys $107M Worth of Lakewood Apartments

View here Gelt Inc., a Los Angeles-based real estate investment management firm has purchased two apartment complexes in Lakewood for $107 million. Ascend at Red Rocks was built in 1981 on 16.5 acres near Union Square in Lakewood, at 13105 W. Second Place. Elevate at Red Rocks was constructed in 2000 nearby at 409 Zang St.

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Belleview Station Denver

Belleview Station Completes First Phase of Transit-Oriented Development

DENVER – Belleview Station, the mixed-use transit-oriented development at I-25 and Belleview in south Denver, has announced the completion of phase one. With more than 100,000-square-feet of retail space, 300,00-square-feet of office and 678 residences nearing full occupancy, developer Front Range Land and Development Company is eyeing future developments on adjacent blocks that fit with its

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Morningstar of Wheat Ridge

Confluent Senior Living Completes Sale of Two Senior Living Communities

DENVER – Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm Confluent Development, is pleased to announce the sale of two of its senior living communities: MorningStar of Wheat Ridge and MorningStar of Albuquerque. Previously the owner of both projects, Confluent Senior Living co-developed each community with its operating partner MorningStar

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Downtown Denver

Denver’s Commercial Buildings Must Meet Benchmark Deadline

View here A new rule in Denver as of December 2016, requires all commercial buildings in Denver — that are 50,000-square-feet or larger — to benchmark their energy-efficiency ratings. Property owners had until June 1 to comply with the new rule, but a 90-day grace period is now in effect. Owners that do not comply will be

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Atlas Real Estate Group Acquires ESR Management

DENVER/PRNewswire/ — Atlas Real Estate Group, specializing in real estate investments, brokerage and property management, announces the acquisition of ESR Management. Launched in January 2016, ESR Management was founded with the purpose of providing best-in-class property management for investment properties in the Denver Metro region. The organization’s managing partners Eric Ross and Jake Ralson came to

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Denver West Parkway

Northstar Commercial Partners Facilitates HomeAdvisor’s Expansion with Office Lease

DENVER/PRNewswire/ — Northstar Commercial Partners announced its recent partnership with HomeAdvisor, providing 24,427-square-feet of corporate office space in its Denver West Parkway building. HomeAdvisor works to provide services that assist homeowners in a variety of different facets, such as home repair and remodel. The company does this by providing recommendations to top professionals in the area,

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1801 California St.

Ibotta Inc. Doubling Office Space at 1801 California St.

View here The Denver-based tech company Ibotta Inc. is set to double its office HQ inside Denver’s second-tallest tower at 1801 California St. Construction  began July 1, adding another 38,000-square-feet of office space. 1801 California is owned by Brookfield, and represented by global real estate services firm Cushman & Wakefield. Image of 1801 California St. courtesy of Wikimedia Commons.

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MSUD Aerospace

Metro State’s Aerospace and Engineering Sciences Building Aims for the Stars

DENVER — Metropolitan State University of Denver’s Advanced Manufacturing Sciences Institute marked the recent opening of the new Aerospace and Engineering Sciences Building, attended by more than 300 students, employees, and members of the huge team that built a top-of- the-line facility devoted to the future. “The idea for this building came from a meeting in fall 2013

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