Apartment Sector Sustains Positive Outlook, says Marcus & Millichap
DENVER – Marcus & Millichap recently released its 2019 Multifamily Investment Forecast Report that includes metrics and analysis of 50 metros across the U.S. and Canada. According to the report, accelerating household formation, underpinned by the tight labor market, will continue to support rental demand in 2019. Evolving recruiting practices and shifting demographics …
Denver-based Investment Development Firm Announces 2018 Highlights
DENVER — Black Creek Group, a Denver based real estate investment manager and development firm with a 25-year history, today announced its 2018 activity highlights. “We are very pleased with the strong performance in 2018 as our team continues to deliver results across all fronts,” said Raj Dhanda, Black Creek …
Survey of CRE Execs Reveals Acceleration of Tech Adoption
Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, recently released the latest Altus Group CRE Innovation Report. The report provides an outlook on technology trends impacting the global CRE industry and highlights the significant acceleration …
Atlas Real Estate Group Announces New Employee Equity Ownership Plan
DENVER – Atlas Real Estate Group, a full-service realty group specializing in real estate investments, brokerage and property management, today announced the start of the company’s Employee Equity Ownership Plan. This new addition to the suite of Atlas employee benefits is introduced as the group continues to grow its presence throughout the greater …
New Wellness Marketplace to Replace Former School at Federal and Speer
DENVER– Collegiate Peaks Bank has provided the financing for a new “wellness marketplace” named Nurture at 2949 Federal Blvd. in Denver. The buyer, Nurture, founded by Peter Strauss, Nikki Dority and Kelly Campbell, paid $6.1 million for the 20,700-square-foot building and hopes to open next summer. “We had the opportunity to work …
Opportunity Beckons Denver’s Investors and Developers in 2019
By Katie Rapone Ever since opportunity zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017, investors, property owners and developers alike have been scrambling to make sense of the new law to better learn how to take advantage. An opportunity zone …
Class Valuation Establishes R&D Center in Downtown Denver
DENVER — Class Valuation, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, has opened a new research and development center in Denver, to serve as the center for new innovation and technology that will support the real estate …
Denver-based Investment Company Hits $200M Milestone
DENVER — Baceline Investments, LLC, a Denver-based boutique private equity real estate investment and management company with neighborhood shopping center holdings throughout the Central United States, has announced that its core income portfolio has surpassed $200 million in asset total with the recent acquisition of Woodlands Market in Menomonee Falls, Wisc. Founded in …
Cadence Capital Partners and MRXE Capital Markets Complete Merger
DENVER – Commercial real estate veterans Michael Bennett and Jay Soave have merged their firms, creating a team with 40 years of combined experience in originating and executing real estate capital markets transactions to form Cadence Capital Partners. The newly merged company – which brought together Mr. Bennett’s MRXE Capital Markets and …
E-Commerce has Industrial Market Poised for Continued Growth
DENVER— The industrial sector of the commercial real estate market is booming with rents growing by an average of 5.5 percent per year since 2013, outpacing the other three main CRE sectors (office, retail and multifamily). Thanks to increasing demand for e-commerce, industrial rents and occupancies are surging across a range of …