BrokerageMultifamilyProperty Management

Hamilton Zane Purchase Colorado Springs Apartment Community

San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 200-unit Enchanted Springs apartment community in Colorado Springs. Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company. The community, built in 2020, is located in a steady submarket of the Colorado Springs …

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BrokerageDevelopmentEducation

Nonprofit Moves Downtown Denver HQ to DTC

Junior Achievement-Rocky Mountain, a nonprofit that inspires and prepares young people for success, has sold its office space, located at 1445 Market Street, for $5.1 million to the Denver Metro Chamber of Commerce, as it plans to merge its offices with a new educational facility it will be building in the …

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BrokerageFinanceMultifamily

$11.8M Acquisition Financing Arranged for Westminster Apartment Community

JLL Capital Markets has arranged $11.8 million acquisition financing for Willowbrook Apartments, a 95-unit, garden-style, multi-housing community in Westminster. JLL worked on behalf of Epic Investment Services to secure the seven-year, floating-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender. Willowbrook Apartments …

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BrokerageHospitality

South Park Creators Buy Casa Bonita

According to the Denver Post, South Park creators Matt Stone and Trey Parker have bought Casa Bonita, the beloved Denver restaurant that closed and went into bankruptcy during the pandemic. Casa Bonita is a 52,000-square-foot restaurant located within a shopping center on West Colfax Avenue. The eatery was made famous …

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BrokerageOffice

Office Property in Grand Junction Sells for $6.3M

The Liberty Center, a 23,575-square-foot office property located in Grand Junction, recently sold for $6,295,000. Brandon Kramer and Spencer Mason, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The investor, a limited liability company, was secured …

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BrokerageFinanceOffice

Two Buildings Refinanced at S’Park in Boulder

Two newly constructed properties that are part of the S’PARK master-planned community in Boulder, have been refinanced. PGIM Real Estate provided a $77 million loan—done through its U.S. core-debt strategy—to the joint venture of The John Buck Company, Kinship Capital, and Element Properties. The first property, Timber, features 150 luxury multifamily units …

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BrokerageHealthcare

Wellness Clinic Operator Names Colliers for Real Estate Expansion

Mitesco, Inc., a leading operator of wellness clinics that combine technology and customized personal care plans, has chosen Colliers, a leading professional services and investment management company, to lead its real estate efforts in support of its nationwide expansion. Colliers acquired Dougherty & Company—now Colliers Mortgage and Colliers Securities—to provide mortgage banking, loan …

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BrokerageIndustrial

Rare Industrial Property in Denver Sells for $21M

According to Cushman & Wakefield, Lipan Street Industrial Park in Denver has sold for $21 million to New York-based IG Logistics LLC, Imperium Capital’s Industrial platform. The unique property, totaling approximately 34.4 acres, is located at 6045 Lipan Street and features outside storage, trailer parking, administrative offices, a fueling station, and a …

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BrokerageHealthcareOffice

NexCore Group Announces $620.4M Healthcare Portfolio Acquisition

Denver-based NexCore Group, a national healthcare real estate developer, and Nuveen Real Estate have closed on a $620.4 million healthcare real estate portfolio acquisition. The transaction, which includes 29 assets spanning 13 states and totaling 1,165,173 square feet, and includes $463 million in medical office buildings (MOBs) and $157 million in life …

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BrokerageOfficeProperty Management

Waypoint Real Estate Acquires Investors Properties

On August 1, 2021, Waypoint Real Estate, LLC, a Northern Colorado-based real estate brokerage, investment, and property management company, acquired the business assets of Investors Properties, LLC, a real estate property management and maintenance firm headquartered in Fort Collins. This news comes as Waypoint Real Estate prepares to celebrate five …

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