EnergyMultifamilySustainability

Lakewood-based ICAST Paves the Way for Multifamily Sustainability

With support from a U.S. Department of Energy Office of Energy Efficiency and Renewable Energy (EERE) funding opportunity, the International Center for Sustainable Technology (ICAST), a nonprofit headquartered in Lakewood, Colorado, has completed energy-efficiency upgrades to nearly 1,000 multifamily buildings, yielding a reported savings of 7.4 million kilowatt hours (kWh), …

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DevelopmentEnergyReports

U.S. Green Building Council Report Shows that Climate Action Requires Putting People First

With Climate Week upon us, we realize that elevating the role the building industry needs to play in the climate discussion is more important than ever, but the building sector’s work has struggled to rise to the top of conversations. Why aren’t Americans demanding greener homes, offices and schools? The second …

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Affordable HousingDevelopmentEnergySustainabilityTransit

Mayor Hancock Submits 2020 Budget Proposal

This week, Mayor Michael B. Hancock submitted his 2020 spending plan to Denver City Council, a $1.49 billion budget that reflects years of fiscal strength, protects Denver’s prosperity and prepares the city as the economy begins to show signs of moderating. “The people’s priorities are clear, and this budget proposal …

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BrokerageEnergyMultifamily

Geothermal-Powered Apartment Community in Brighton Sells for $72M

Last week, a 288-unit, geothermal-powered apartment community in Brighton, sold for $72 million in an off-market transaction. Elements at Prairie Center, located at at 3128 Eagle Boulevard is the second 100-percent geothermal apartment community the ownership partnership of Littleton-based C&A Companies and Delaware-based Commonwealth Group, has developed in the Brighton area. CBRE’s Dan …

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ConstructionDevelopmentEnergyMultifamilySustainability

USGBC Report Sees 19% Growth in Green Home Certifications, All-Time High

While affordability and supply chain challenges plague the housing market, there is one area that’s seen consistent growth: the green homes sector. The green single and multifamily sector in the U.S. has been growing and is expected to continue through 2022 with customer demand and a growing green products market …

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BrokerageEnergyIndustrialTechnology

Panasonic “Smart Building” Sells for $22M

The LEED Gold-certified “smart building” home to Panasonic Enterprise Solutions (PESCO) located at 6144 North Panasonic Way at Denver’s Peña Station Next, has sold for $22 million. Tyler Carner, Jeremy Ballenger and Jim Bolt with CBRE represented the seller, Denver-based Westfield Company, Inc. The buyer, NewStreet Properties, LLC, of Omaha, purchased the industrial flex property …

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DevelopmentEnergy

19 Solar Energy Projects Planned Across the Front Range

Unico Solar Investors LLC has announced 19 projects across Colorado’s Front Range, totaling 14.75 MW of capacity. Unico Solar and Namasté Solar were recently selected by Xcel Energy to build six new community solar gardens in Colorado totaling 12 MW. Earlier this year, Unico Solar secured site lease agreements with the City of Boulder …

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DevelopmentEnergySustainability

Denver-based UDR, Inc. Publishes Inaugural Corporate Responsibility Report

Denver headquartered multifamily real estate investment trust UDR, Inc. (the “Company”) (NYSE: UDR), recently announced the release of the Company’s inaugural 2018 Corporate Responsibility Report and the launch of its Sustainability related website at https://www.udr.com/green-living/. The report and website summarize the Company’s Environmental, Social and Governance (“ESG”) achievements in 2018, and outline its targets …

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AwardsEnergyHospitalitySustainability

Hotel Born at Union Station Earns LEED Silver Certification

Developed by Continuum Partners and designed by architect BOKA Powell, Kimpton Hotel Born Denver, the anchor for Denver’s revitalized Union Station neighborhood, has earned two notable recognitions: a Four Diamond Rating from AAA and LEED Silver certification.  “In a destination as hot as Denver, the combination of these two noteworthy …

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EducationEnergy

Denver Seminary Secures $1.6M for Energy Improvements

Petros PACE Finance, LLC has closed a $1.6 million Commercial Property Assessed Clean Energy (C-PACE) transaction to finance energy efficiency upgrades for the Denver Seminary campus located at 6399 South Santa Fe Drive. Denver Seminary is an accredited, graduate-level theological seminary with an enrollment of about 900 students. The C-PACE financing will allow the …

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