View here According to the Denver Post, relief may be on its way for many Denver renters facing eviction. Denver Mayor Michael Hancock announced Tuesday that a new Temporary Rental and Utility Assistance Program — which will debut in November — is designed to help keep renters in their home, during a time when rents are climbing throughout […]
Financial Aid On the Way for Denver Renters Read More »
DENVER – Pacific Project Management (PPM), a Seattle-based commercial real estate project management service company, recently entered the Colorado market with an office at 1400 16th Street, Suite 400. Senior Project Manager Joe Zanone will lead efforts at the new office. “We lead and develop teams to execute real estate projects with our clients’ business
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DENVER – Starlight Investments, Public Sector Pension Investment Board and the Alberta Investment Management Corporation are pleased to announce that its “Partnership” has commenced a U.S.$1.3 billion Southern U.S. multifamily acquisition program, with the purchase of Parkhouse Apartment Homes, a 465-unit, Class “A”, garden style, multifamily property constructed in 2017, and located in Thornton, CO. “We are entering into
“Partnership” of Investors Purchase Multifamily Property in Thornton Read More »
View here QIC, an Australian investment firm, is buying The Shops at Northfield Stapleton, owned by Forest City Realty Trust Inc., the master developer of the nearby Stapleton neighborhood. The share is valued at $1.55 billion and is part of a larger deal to buy out 10 malls in the U.S., valued at $3.175 billion. According
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DENVER — CBRE just-released Q3 reports for metro Denver’s office, industrial and retail sectors. Denver Office, Q3 2017: New deliveries spark record high lease rates The Denver office market reached new heights in Q3 2017 as direct average asking lease rates climbed 3.0% year-over-year to $26.38 per sq. ft. full service gross (FSG), a record high. Direct vacancy tightened 25 basis
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Griffis Residential, a Denver-based multifamily investment and management firm, recently announced the final closing of its fourth private equity real estate investment fund, Griffis Premium Apartment Fund IV (“Fund IV”), with $407m in capital for investment in high-quality apartments. To date, Fund IV has acquired four apartment communities comprising 1,475 units in the Austin, Seattle,
Griffis Residential Closes $407M Private Real Estate Investment Fund Read More »
DENVER – A Class AAA+ Cherry Creek property that offers “ultra” amenities and spectacular mountain views has traded for $141.5 million. ARA, A Newmark Company (ARA Newmark) just announced the trade of the 12-story, 218-unit Steele Creek apartments in the exclusive Cherry Creek neighborhood. The mixed-use property’s location and unmatched views of the mountains and city skyline, along
Luxury Apartment Community in Cherry Creek Trades for $141.5M Read More »
DENVER – Trimble has begun construction on a second building in Westminster with the capacity to accommodate over 1,100 workers. Scheduled for completion in late 2018, the Westminster campus will be Trimble’s largest employment center and will continue to serve as a central business hub for several of Trimble’s core market segments including agriculture, construction and geospatial. The
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DENVER – Haselden Construction’s new 1,750 square foot North Regional office, located at 330 S. College Avenue in Fort Collins, currently houses half a dozen team members with the ability for more to use the space depending on project load. “We’ve worked in this area for decades,” said Haselden Vice President and Fort Collins native Derek Oliver.
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View here The Hummus & Pita Co., known for its homemade, fresh and healthy Mediterranean cuisine, has announced the sale of a five-unit franchise expansion into the Denver market. The company signed the franchise deal with Rachid Elmrini, an experienced full-service restaurant operator and commercial real estate investor. Founder and President Janice Axelrod opened the
The Hummus & Pita Co. Signs New Multi-Unit Franchise Deal in Denver Read More »
