Author name: milehighcre

HFF Facilitates $20.74M Financing 2 Multifamily Properties Colorado Springs

Colorado Springs, CO –  Holliday Fenoglio Fowler, L.P. (HFF) announced recently that it has arranged financing totaling $20.747 million for two adjacent Colorado Springs multi-housing communities: Summer Grove and Tanglewood. Working on behalf of the borrower, Vukota Capital Management (VCM), HFF placed two seven-year, fixed-rate Fannie Mae loans with M&T Realty Capital Corporation. The loans […]

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Monroe & Newell Engineers Inc. Name Two New Principals

Denver, CO – Monroe & Newell Engineers Inc. named David Kast, PE, and Ryan C. Barth, PE, as principals of the firm. Kast, an 11-year veteran of Monroe & Newell, holds a Bachelor of Science in civil engineering, with a specialty in structural engineering from the University of Pittsburgh. Over the past decade, Kast has worked

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ARA Newmark Sells 15-Acre Site for New South Denver Community

Castle Rock, CO — The multi-housing land team of ARA, A Newmark Company (ARA Newmark) announces the sale of a 15.22-acre site for a new community in the south Denver suburb of Castle Rock, Colorado. Construction on Ledges at the Promenade will begin in April 2016 and is expected to be finished in May 2019.

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Event Round-Up: DLR Group’s 50th Anniversary

By: Julie Wanzer, LEED AP Denver, CO – DLR Group hosted their 50th Anniversary Celebration last night, transforming their Denver office in the SugarCube Building into a welcoming gala scene complete with a DJ, appetizer station, two bars and an open balcony space. Guests were greeted with the opportunity to vote for one of three charities

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Marijuana Driving Up Retail Rents Commercial Real Estate Market

View here Lee and Associates’ principal, Paul Hallberg, provides insights into how marijuana retail locations are driving up rents in the retail commercial real estate market. Rental rates which are averaging $30/SF for marijuana retail locations are driven by the premium for space. Considerations for financing, the impact of light rail and the evolving suburban

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Colorado Engineering Council Announces 2016 Recognition Awards

Denver, CO – The American Council of Engineering Companies (ACEC) of Colorado presented its annual recognition awards honoring individuals for their contributions to the consulting engineering profession, advancement of the industry and contributions to the community during its 2016 annual meeting held on April 8 at Lakewood Country Club. Lauren Evans, PE, president of Pinyon Environmental,

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Saunders Adds Two Senior Leaders to Executive Team

Centennial, CO –  Saunders Construction, Inc., is proud to announce the addition of two key leadership roles to its executive team –  ensuring continued growth and market presence in Northern Colorado and success on several of its high profile projects currently underway in Metro Denver. On April 25th, Dave Sandlin, formerly a Saunders project executive,

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Millennial Retail Trends Impacting Design

View here Millennials continue to influence the design and construction of new spaces, including retail. This article published by GS&P focuses on how certain millennial behavioral factors should be taken into consideration by design professionals including the values of convenience, technology integration, ease of access and sense of place. Photos are stock images linked with

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HFF Closes Sale and Secures Acquisition for Belle Creek Apartments

DENVER, CO –  Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and secured acquisition financing for Belle Creek Apartments, a 156-unit residential community with 6,256 square feet of ground-floor retail in Henderson, Colorado. HFF marketed the property on behalf of a real estate investment trust.  Hamilton Zanze purchased the asset

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