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KeyBank Provides $49.7M in Financing for Affordable Housing Development in Westminster

Leave a Comment / Affordable Housing, Brokerage, Multifamily, Retail /

WESTMINSTER — KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors, to support the new construction of Eaton Street Apartments, a 5-story, 118-unit affordable housing development in Westminster. Eaton Street Apartments will help revitalize the neighborhood

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CIM Group Acquires LoDo Towers Office Buildings

Leave a Comment / Brokerage, Office /

DENVER— Adding to the company’s Denver Portfolio that Includes 9th & Colorado Redevelopment, CIM Group has acquired LoDo Towers, a two-building office campus located in downtown Denver at 1331 and 1401 17th Street, as well as two adjacent parking garages comprised of approximately 1,140 stalls. The acquisition is CIM’s first in downtown Denver. 1331 is approximately 220,000 square feet and

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Skyline Beer Garden Returns to Downtown Denver this Summer

Leave a Comment / Design, Development, Hospitality /

DENVER — Celebrating Colorado’s dynamic craft beer culture, with a focus on Colorado and hand-crafted brews, The Skyline Beer Garden will open for its third year at Skyline Park in downtown Denver on June 8th and will be open daily through October, weather permitting. Produced by the Downtown Denver Partnership and Downtown Denver Business Improvement District, the family-friendly attraction is designed to engage residents, visitors and

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Transworld Business Advisors – Rocky Mountain Relocating to New Space in Lakewood

Leave a Comment / Brokerage, Office /

DENVER — Transworld Business Advisors – Rocky Mountain, the largest business brokerage firm in Colorado and part of the international Transworld Business Advisors organization, recently  closed on a 1,800-square-foot office condo at 215 South Wadsworth St. in Lakewood.  The purchase will allow Transworld to continue to expand its Colorado operations to better support the growing market for

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Affordable Family Housing Opens in Boulder

Leave a Comment / Affordable Housing, Architecture, Construction, Development, Multifamily /

BOULDER — Element Properties, with Pinkard Construction and Sopher Sparn Architects, celebrated the grand opening of SPARKwest, Element Properties’ 45-unit permanently affordable multifamily flats and townhomes project in Boulder. On Wednesday, May 9, grand opening festivities included a ribbon cutting and facility tours with remarks from Kurt Firnhaber, the City of Boulder’s deputy director of housing. “Not only

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First Residential Building Opens at 9th and Colorado Project  

Leave a Comment / Architecture, Design, Development, Multifamily, Retail /

DENVER — Residents have begun moving into the Theo Apartments, the first market rate residential building at 9th & Colorado, a 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver.  The brand new nine-story apartment building by developer 9th Avenue (Denver) Land, LLC — a joint venture between Continuum Partners and CIM Group — offers 275

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Renaissance Denver Stapleton Hotel Unveils $15M Renovation

Leave a Comment / Architecture, Construction, Design, Hospitality /

DENVER — Renaissance Denver Stapleton Hotel held a “Grand Re-Imagined Event” on Thursday, May 10, to unveil a $15 million renovation project that began in April 2017. The entire hotel has been renovated including all 400 guestrooms; 40,000 square feet of meeting spaces including the ballroom; lobby and public spaces; and an entirely new restaurant concept called

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transactions

Transactions Report Week Ending 05.11.18

Leave a Comment / Transactions /

HFF Announces High-end, Wellness-focused Condominium Development Financing Holliday Fenoglio Fowler, L.P. (HFF) announced $83.03 million in financing for the development of Lakehouse on 17th, a 196-unit, for-sale condominium project in Denver’s Sloan’s Lake neighborhood. HFF worked exclusively on behalf of NAVA Real Estate Development to place the floating-rate construction loan with a national bank. The HFF debt placement

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Denver-based Developer Introduces Enterprise Coworking Brand to South Suburbs

Leave a Comment / Development, Office /

DENVER — Focus Property Group (FPG), a Denver-based property investor and developer purchased a 70,000-square-foot office building this month, at 5500 Greenwood Plaza Boulevard in Greenwood Village for $10 million. Existing tenants of the building will be joined in August by Enterprise Coworking, a Focus-affiliated shared workspace whose flagship location in Denver’s RiNo neighborhood is now filled with more

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CORHIO Joins Ranks of Innovators Locating at Catalyst HTI

Leave a Comment / Development, Healthcare, Office /

DENVER — In an initiative to centralize Colorado’s most innovative leaders in the healthcare industry, Colorado Regional Healthcare Information Organization (CORHIO) will open a branch office and workspace this summer at Catalyst HTI, a health technology innovation center, by Denver-based developer Koelbel and Company. The expansion will place CORHIO at the core of a collaborative hub

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