DevelopmentHealthcare

NexCore’s Greg Venn Named HREI’s 2019 Healthcare Real Estate Executive of the Year

Denver-based NexCore Group, a national healthcare real estate (HRE) developer, has announced that its Co-Founder and CEO Greg Venn was named the Healthcare Real Estate Executive of the Year at the 2019 HREI Insights Awards. The prestigious awards ceremony was held during the Globe St Healthcare conference on Dec.4 in …

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DevelopmentSustainability

Denver Green Code Moves City Closer to Sustainability Goals

For the first time in Denver’s history, the city’s updated building and fire code will include a “Denver Green Code” designed to encourage more sustainable design and construction practices and in particular, move Denver closer to its goal of having new construction be net zero energy by 2035. The Denver Green Code will …

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ConstructionDevelopmentHealthcare

MOB in Parker Breaks Ground

Vertix Builders, a culture-focused construction company, has started construction of the new Parker MOB III medical office building on the Parker Adventist Medical Campus.  As a healthcare construction specialist, Vertix Builders will be working with a team that includes RTA Architects, Med Development and Parker Adventist. “We’re excited to be …

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DevelopmentRetail

St. Charles Town Company Entity Purchases Bonnie Brae Property

A Denver-based entity of real estate development firm St. Charles Town Company has completed the purchase of a 12,500-square-foot property at Exposition and University in the Bonnie Brae retail district. The property sits adjacent to the iconic Campus Lounge and is home to ink! Coffee. “Over the past three years, we …

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ConstructionDevelopmentHospitality

Brinkman Acquires Marriott Brand Hotel in Parker

As part of their long-term investment strategy in Parker, real estate development and investment company, Brinkman, acquired a flagship hospitality asset last week. In partnership with Utah-based developer Colmena Group, the companies purchased the 66,641-square-foot SpringHill Suites by Marriott located off North Pine Lane and Silverado Drive. The upscale hotel …

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BrokerageConstructionDevelopmentMultifamily

Saunders to Build 264-Unit Apartment Project in Greeley

Saunders Commercial Development Company has received $43.2 million in structured construction financing for the development of its latest project, Ten West Greeley Apartments, a 264-unit, Class A, garden-style multi-housing property in Greeley. The Ten West Greeley Apartments project — designed by Denver-based EVStudio — is being developed on a 10.15-acre site at …

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Affordable HousingCondominiumDevelopment

Denver City Council Approves Two Affordable Housing Projects

The Denver City Council recently approved a pair of affordable housing contracts that will help establish 204 income-restricted homes for low and moderate-income households in the Lincoln Park and Capitol Hill neighborhoods. Loans totaling $5,175,000 have been approved for the La Tela and Olin Apartments projects, which will support affordable …

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DevelopmentOffice

Denver’s Third-Tallest Skyscraper Refinanced

According to Kroll Bond Rating Agency, Morgan Stanley, an American multinational investment bank and financial services company, is lending $373 million to refinance the Wells Fargo Center in downtown Denver. Also known as the “Cash Register Building,” Owner, Beacon Capital Partners, will use the loan to replace a previous $282.2 …

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BrokerageDevelopmentHospitality

New Hotel to be Built at 59-Acre Development in Southeast Colorado Springs

Utah-based hospitality firm Western States Lodging and Nuterra Partners are under contract to construct a Candlewood Suites at Colorado Springs’ newest 58.71-acre mixed-use development, Westgate at Powers. CBRE is marketing the planned, mixed-use project for additional sale, lease or build-to-suit development. The property is located at the west gate entrance to Peterson Air Force Base …

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BrokerageDesignDevelopmentEducationRenovation

Historic Evans School to be Redeveloped

NAI Shames Makovsky announced this week the two-part sale of the long-dormant Evans School located at 1115 Acoma Street, Denver, consisting of a three-story, 46,467-square-foot historic school building and a 30,000-square-foot parking lot. Lennar Multifamily Communities, LLC  purchased the school and the parking lot for $18 million. Following that sale, …

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