Author name: milehighcre

DBJ’s CRE Forum: Trends and Insights from Three Industry Experts.

View here The Denver Business Journal held a Commercial Real Estate forum on June 19. Panelists included Pete Schippits, senior managing director and market leader for CBRE in Colorado, Allison Recker, senior vice president of commercial real estate finance at UMB Bank in Denver, and Jay Philp, a partner in the real estate group at the Denver law […]

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transactions

Transactions Report for Week of 07/10/17

KEYBANK ARRANGES $8.5 MILLION IN FINANCING FOR COLORADO AFFORDABLE HOUSING PROPERTY KeyBank Community Development Lending & Investment (CDLI) has provided an $8.5 million bridge to Agency loan for Depot Square Apartments, located in Boulder, CO. The LEED Gold Certified multifamily complex was built in 2015 and consists of 71 units that are all permanently restricted

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Depot Square

Affordable Apartment Community Trades in Heavily Amenitized Boulder

Boulder, CO — ARA, A Newmark Company (ARA Newmark) announces the $13.6 million sale of Depot Square, a new Class-A+, 71-unit, transit- and employment-centric, LEED Gold-certified community in Boulder, CO adjacent to the new Google campus. The Boulder submarket, the strongest in Colorado and one of the best in the nation, has the highest four-quarter average price per

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Travis Hodge and Craig Kalman JLL

Denver’s Surging Housing Demand Fuels JLL Growth

DENVER – Responding to an increasingly competitive multifamily environment coupled with client demand for comprehensive capital markets capabilities, JLL Denver has tapped Craig Kalman to partner with Travis Hodge as co-leaders for its newly formed Mid-Market Multifamily operations. Denver’s population is booming. On average, some 100 new residents have moved into the metro area every day for the past

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Movers and Shakers

Movers and Shakers for Week of 07/10/17

CBRE Welcomes Melissa Moran as Vice President in Fort Collins CBRE announced this week that Melissa Moran has joined its Fort Collins office as a vice president with Advisory and Transaction Services, specializing in investment property sales and landlord and occupier representation for retail and office properties. Ms. Moran brings more than 12 years of

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NSPE-CO Award Dinner 2017

DENVER — On Thursday, June 15, 2017, the National Society of Professional Engineers of Colorado (NSPE-CO) held an award dinner at Lone Tree Golf Club and Hotel for 30+ attendees. Speakers at the event included: Past Winners, Steve Conklin (President of NSPE-CO), Patrick Roberts (Senior Project Engineer at Martin/Martin, Inc., President Elect NSPE-CO, Treasurer CMAA Colorado) Congratulations to the

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Dairy Block Alley rendering

Dairy Block Announces First Retail Tenants

DENVER — Dairy Block — Denver’s newest micro-district redevelopment in the heart of Lower Downtown — is thrilled to announce its first retail tenants, an eclectic mix of retailers and cocktail crafters creating a unique experience in LoDo. These retailers will be sprinkled throughout Dairy Block including inside the lobby. Their front doors will open to the

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UC Health Greeley

JE Dunn Construction Breaks Ground on the UCHealth Greeley Hospital and Greeley Medical Center

DENVER – JE Dunn Construction, a commercial general contractor, in partnership with UCHealth and BSA LifeStructures, broke ground on July 10, to begin building the new UCHealth Greeley Campus which will include a hospital and medical center. Numerous UCHealth executives, medical professionals, and City of Greeley officials attended the ceremony. The west Greeley campus has an expected completion

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Denver Named One of 2017’s Hottest Rental Markets

View here Good news for developers — according to the National Multifamily Housing Council, the U.S. will need 4.6 million new apartments by 2030 to meet demand for rental living. In fact, the latest data from Yardi Matrix indicates apartment construction is at a 20-year high and apartment completions are expected to top 345,000 (a 21 percent increase

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Denver’s Energy Benchmarking Ordinance: What it Means for the Denver Real Estate Market

By Jesse Hunt, LEED AP BD+C, WELL AP – Powers Brown Architecture In December of 2016, the City of Denver passed Code of Ordinances Ch. 4, ARTICLE V. – Energy Efficiency in Commercial and Multifamily Buildings. This ordinance follows in the footsteps of 17 other large cities in the United States who have decided to benchmark the energy

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