Investment

Peak Realty, a full-scale real estate services company based in Chicago, has opened a new office in Denver and hit the ground running. With two lease-up projects in the historic Cheesman Park neighborhood, a 300-unit stabilized portfolio, and its first sales listing which closed May 1, Peak Realty is ready …

As part of a continued effort to seek compelling investment opportunities in the Kansas City market, nationwide multifamily investor and operator Avanti Residential has acquired the 308-unit Summit Square apartments in the Kansas City metropolitan area for $80 million. Avanti now owns eight apartment communities in the greater Kansas City …

The Best Interstate Inn, a budget-friendly, 100-room hospitality property located in Wheat Ridge, has sold for $5.5 million. According to Marcus & Millichap, the two-building, 40,928-square-foot offering is situated across 3.07 acres and provides the buyers with a multifamily conversion opportunity. Christy McDougall, associate, in Marcus & Millichap’s Denver office, …

CoreNet Colorado is pleased to present Future of Cherry Creek on Tuesday, May 9, 4-6 p.m. at the Janus Henderson Building located at 151 Detroit Street in Denver. Cherry Creek has become the leading leasing market in the Rocky Mountain region, attracting the highest demand for properties and spaces available …

Schnitzer West, one of the Seattle and Denver area’s leading real estate investment, development, and property management companies, has added five executives to its ownership group as part of a strategic succession plan. Co-Founder of Schnitzer West Dan Ivanoff has sold minority interest ownership to five key members of the …

Denver-based Evermore Partners (Evermore), a commercial real estate investment firm, and Ridgefield, CT-based New Castle Hotels & Resorts (New Castle), a leading hotel owner and operator, have acquired the Montana Marriott Portfolio — a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, a collection …

BMC Investments (BMC), a Denver-based, vertically-integrated real estate investment company, has sold its property management division to Asset Living. The third largest property manager in the U.S., Asset Living will take over as property manager for BMC’s portfolio of 14 multifamily properties comprising 5,200 residential units. BMC and its capital partners will retain …

AFIRE, the association for international real estate investors focused on commercial property in the United States, has released its AFIRE International Investor Survey: Q1 2023 Pulse Report, underwritten by Holland Partner Group. The survey, conducted in early 2023, captures the view of institutional investors, who continue to see the U.S. …

Highside Companies, a Colorado-based real estate company, has formed an equity partnership with Westmount Park Investments, a family office, based in Ontario, Canada. The partnership will combine Highside’s robust United States footprint with Westmount Park’s capital formation and Canadian real estate market expertise. The result of this potent combination will mean …

BH3 Management, a vertically integrated real estate investment manager, operator and developer with offices in Denver, Fort Lauderdale and New York, has expanded into growth private equity. BH3 Growth Equity will provide capital to operating businesses within the real estate, construction and adjacent sectors and add value through BH3’s extensive industry …