114 Units Planned for Corner of South Clarkson St and Jefferson Ave

MIG Real Estate LLC (MIG), a national real estate investment company headquartered in Newport Beach, CA, has purchased a 1.04-acre development site, located at the corner of South Clarkson and Jefferson Avenue in Denver’s Englewood neighborhood, for $3.4 million. The site is the first acquisition for MIG’s new Qualified Opportunity Zone Business Fund which recently …


Broe Real Estate Group Launches $250M Strategic Investment Program

Denver-based real estate investment company Broe Real Estate Group (BREG), formerly announced last week the launch of its $250M BREG Strategic Investments Program to create expedited capital solutions for liquidity strained commercial real estate properties and ventures that are experiencing distress from COVID-19 related market disruptions. Broe’s Strategic Investments Program provides vital …


Investors Remain Optimistic About Commercial Real Estate, says Study

According to real estate advisory firm Hodes Weill & Associates, that has an office in Denver, investors are taking a measured, cautious approach to new investments and focusing on portfolio management. Results from a recent study showed that while 59 percent of investors anticipate a slowdown in investment activity over the …


El Paso County a Top 10 Fastest Growing Opportunity Zone

For investors looking to make a positive impact in economically distressed communities, Millionacres, a real estate investing educating resource, today released a report on “The Top 10 Fastest Growing Opportunity Zones” in the United States. El Paso County, Colorado made the Top 10 list. Millionacres analyzed 7,681 designated opportunity zones from the U.S. …


Investment in Private Real Estate Could Help Weather the Storm

According to a whitepaper published by Black Creek Group, an experienced real estate investment management and development firm with an office in Denver, today’s bear market paired with a low rate environment have exposed the shortcomings of traditional portfolio construction, and investors need new investment options to achieve positive long-term …


Black Creek Group Expands Presence in Denver Industrial Market

Black Creek Group, a Denver-based real estate investment management firm with a more than 25-year history, recently purchased a 151,000-square-foot Class B industrial building at 5000 Lima St. in Denver. The property is currently 100 percent leased to courier service provider Express Messenger Systems. EXDO Properties – which oversees the management of …


Denver Investment Firm Acquires Amazon Customer Service Center in West Virginia

Denver-based real estate investment firm Sentinel Net Lease, has acquired an Amazon Customer Service Center in Huntington, West Virginia for $16.9 million, from an affiliate of Lexington Realty Trust. The 69,000-square-foot property sits on 7.9 acres in Kinetic Park, the premier technology park in the greater Huntington metro area. Sentinel was formed …


Colorado Congressman Introduces Opportunity Zone Extension Act

Colorado Congressman Scott Tipton (CO-03) — representing the 3rd Congressional District (Grand Junction, Durango, Alamosa and Pueblo) —has joined several House colleagues in introducing “The Opportunity Zone Extension Act,” a bill that would extend the opportunity zone provisions that were part of the Tax Cuts and Jobs Act. The Opportunity Zones …


Q&A with Piper Pierce, president of Collegiate Peaks Bank DTC

Piper Pierce, a banking industry veteran with more than 20 years of experience, will serve as president of Collegiate Peaks Bank’s new location in the Denver Tech Center, located at 5450 Greenwood Plaza Blvd. Pierce recently shared with Mile High CRE, her optimistic outlook on the south metro real estate market. Why did …


Interest Rates Hit All-Time Low as Coronavirus Spreads

While the coronavirus will weigh on the U.S. economy in the first quarter, growth should be sustained. According to the Marcus & Millichap special report on the virus outbreak, expectations of weaker exports, reduced tourism and supply chain-related shortfalls will moderate the pace of economic growth. However, low unemployment and comparatively strong consumption levels should …