Denver a Top Five Market for CRE Investment in 2021

According to CBRE’s 2021 Americas Investor Intentions Survey, commercial real estate investors are showing increased appetite for risk and a preference for secondary markets. The survey ranked Denver as a top five target among Americas metros, jumping two spots to No. 5, up from No. 7 last year. Investors are prioritizing …


New JLL Hospitality Debt Report Shows Promising Road to Recovery

As the lodging industry continues to head down the road to recovery and many major lenders return to the market, JLL’s Hotel Investment Banking team recently released its Hospitality Debt Market Commentary to provide insights on the state of the market and identify positive trends. JLL’s Hotel Investment Banking team is …

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Atlas Expands into Boise, Idaho

Atlas Real Estate, a full-service Denver-based real estate company specializing in investment brokerage, property management and institutional acquisition, has acquired Advanced Asset Management, a property management company based in Boise, Idaho. The acquisition provides residents, homebuyers and real estate investors in the Boise metro area with a full suite of investment-focused real estate services …


Industrial Building on Broadway Refinanced for $5.4M

Denver-based private equity firm Trailbreak Partners has refinanced its 83,028-square-foot, multi-tenant industrial building, located at 4250 Broadway in the RiNo/Globeville neighborhood, for $5.39 million. JLL worked on behalf of Trailbreak Partners, to secure the fixed-rate, non-recourse loan through an insurance company lender. Trailbreak Partners will use refinancing proceeds to pay off its existing …


Apartment Community Sells in Northern Colorado Amidst Unprecedented Growth

Rise at 2534, a newly-built 236-unit luxury apartment community located at 5070 Exposition Drive in Johnstown, has sold to a New York City-based pension fund advisor for an undisclosed price. Dan Woodward, Dave Potarf, Matt Barnett and Jake Young with CBRE Capital Markets in Denver represented the seller, multifamily developer A.G. …


Historic Retail Property in Aspen Trades for $5.9M

New York City-based Thor Equities has sold 228 S. Mill Street, a 4,300-square-foot retail property in downtown Aspen, to an undisclosed buyer for $5.9 million. The property was originally built in 1980 and is part of the City of Aspen’s historic property inventory. The 228 S. Mill Street building is an expansive …


Construction Financing Secured for Cold Storage Development in Brighton

CBRE has secured a $35.4 million loan to fund the ground-up construction of a 247,000-square-foot Class A cold storage development in Brighton. The industrial refrigerated development is part built-to-suit and part speculative build. Illinois-based Karis Cold developed the facility and has pre-leased 167,300 square feet. The facility is located at 189 …


Colorado Credit Union Branch to be Converted to Medical Office

Avison Young has brokered the sale of an 8,000-square-foot office property located at 8331 Continental Divide in Littleton. The property was formerly a Colorado Credit Union branch and headquarters and will be transformed into a pediatric medical office. The property sold for an undisclosed price. Avison Young Principal Rick Egitto, …


Rêve Boulder’s Residential and Retail Units Sell for $151M

Virtú Investments, a multifamily real estate investment firm primarily engaged in the management of apartment properties in the western U.S., has purchased the multifamily and retail components of Rêve Boulder, a mixed-use community located in a Qualified Opportunity Zone (QOZ) at 30th & Pearl Streets in Boulder. The firm purchased …


16-Acre Office Property Sells in Supply-Constrained Lakewood

Denver-based Flywheel Capital has acquired a 127,297-square-foot office property located on 16.67 acres in Lakewood. The acquisition represents the firm’s second transaction within Metro Denver in the past six months. Located at 14023 and 14033 Denver West Parkway, the property encompasses two, three-story buildings connected by a first-floor walkway with more …