Author name: milehighcre

Affordable Housing Bill Passes House Finance Committee

View here On Monday, a bipartisan bill that extends a program that gives tax credits to developers for building affordable housing units, passed the House Finance Committee with a vote of 10-3. The bill will next need to be approved by the House Appropriations Committee. According to CHFA, the program has helped create more than 4,000 affordable town homes

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Toastmasters International Opens New World Headquarters in Englewood

ENGLEWOOD, CO — On March 19. nonprofit Toastmasters International, the global education organization devoted to communication and leadership skills development, celebrated the opening of its new world headquarters at 9127 South Jamaica St in Englewood with a ribbon-cutting ceremony. After outgrowing its previous World Headquarters in Rancho Santa Margarita, Calif., the company considered many different

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Palace Construction Selected for Affordable Housing Development in Boulder

BOULDER — Boulder Housing Partner (BHP), the Housing Authority for the City of Boulder has selected General Contractor Palace Construction, to construct their latest affordable housing development, Red Oak Park II. Boulder-based Coburn Architecture will work with Palace Construction to expand Boulder’s existing Red Oak Park community. The multifamily residential development will produce roughly 40 affordable housing units for families and individuals in Boulder.

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New Kirkland Museum Opens in Denver’s Golden Triangle Creative District

DENVER — On March 10. the Kirkland Museum of Fine & Decorative Art celebrated the grand opening of its new 38,500-square-foot space in Denver’s Golden Triangle Creative District.  The Kirkland Museum’s original location in Denver’s Capitol Hill neighborhood opened in 2003 but outgrew that space due to increased attendance and expanded art holdings. The project was

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transactions

Transactions Report Week of 03.12.18

Transactions Report: Pinnacle Real Estate Advisors, LLC announced the sale of 9598 Montview Boulevard in Aurora.  The single tenant commercial building sold for $307,000 ($305.77 per square foot). Principal Jules Hochman represented the buyer in the transaction. Pinnacle also announced the sale of 1423 Race Street located in Denver. The 5,338 square foot office building sold for

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The Lydian Apartments in Five Points Begin Leasing

DENVER – Leasing efforts are officially underway for The Lydian, an eight-story mixed-use development at 26th and Welton, in downtown Denver’s historic Five Points neighborhood at 2590 Welton Street.  The leasing office will be located in The Wheatley apartment building at 530 25th Street, as construction continues on the $50 million project that will include 129 apartment residences (22 of

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Apartment Community in Southeast Denver Sells for $65.5M

DENVER — Besyata Investment Group and The Scharf Group have acquired One Dartmouth Place, an apartment community located in Southeast Denver, for $65.5 million. The seller was not disclosed. BH Management will handle the day-to-day property management and leasing of the 418-unit property that offers spacious one and two bedroom homes as well as studio units.  

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Walker & Dunlop to Acquire Denver-based Asset Management Platform

DENVER – Walker & Dunlop, Inc. (NYSE: WD), one of the largest commercial real estate services and finance companies in the United States, will acquire a Denver-based asset management platform, the company announced Wednesday. JCR Capital (“JCR”), an alternative investment manager that provides capital solutions to commercial real estate sponsors throughout the United States, has more than $800

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New Project: Kenect Denver

DENVER — A new development called Kenect Denver, proposed for downtown Denver at 2136 Lawrence Street, is currently under review by the Arapahoe Square Design Advisory Board. According to submittal documents the 34-story building will include 441 residential units, and street level office/retail space and stands to be one of the tallest buildings in the area. Chicago-based Akara

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