Investment

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 …

DENVER — Mercer Advisors Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA) headquartered in Denver, has acquired McDermott Advisory Group, a respected RIA firm located in Wilmington, Delaware. McDermott provides a full complement of financial planning, investment management, and related services to its affluent and high net worth clients. “We …

DENVER – Black Creek Group, a Denver-based real estate investment manager with a history of $18.5 billion in development and acquisitions, announced today that institutional investors advised by J.P. Morgan Asset Management (J.P. Morgan) have committed to invest $400 million of equity into programs focused on industrial real estate. “We …

WESTMINSTER — Bell Partners Inc., one of the nation’s leading apartment investment and management companies, recently announced it has acquired Bradburn Row, a 310-unit community located in Westminster. The North Carolina-based investor paid $90.48 million, according to public records. Bell now owns six communities in Colorado. The company also purchased Alta Cherry Hills …

DENVER — Belay Investment Group, LLC (“Belay”) and Harbor Associates, LLC (“Harbor”) have acquired Capitol Center, a twelve story, mid-century office tower attached to a historic, two story building, totaling 166,000 square feet located at 225 E. 16th Ave. in Uptown Denver. As part of the transaction Belay and Harbor also acquired …

According to the Denver Business Journal, CapitaLand, of Singapore has purchased five Denver apartment buildings. The buildings are part of a portfolio of 16 U.S. multifamily properties bought for $835 million. The Sienna at Cherry Creek complex, located 1939 S. Quebec Way, has 220 units and was purchased for $40.6 million. …

DENVER — Ares Management, L.P. (NYSE: ARES) — a publicly traded, leading global alternative asset manager— has sold its investment stake in the Gaylord Rockies Resort & Convention Center in Aurora for $270 million. Located less than 10 minutes from the DIA and 25 minutes from downtown Denver, the 1,500-room hotel and …

DENVER – Schnitzer West, one of the West Coast’s fastest-growing real estate investment, development and property management companies, has formed a joint venture with Colorado commercial developer John Madden Company, to own and manage a three-building, 726,742 square-foot, 100 percent leased, Class A office portfolio in Greenwood Village. The joint venture includes …

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, recently added four properties to its portfolio. The shopping centers include Capitol Drive in Brookfield, Wis.; North Town Center in Fort Worth, Texas; Edge O Lake Shoppes in …

DENVER — An income-restricted apartment community located in Basalt, about 20 miles northwest of Aspen, has sold for $12.4 million. The recently completed 50-unit development, called The Willits Seven Apartments, offers income-restricted housing for residents living and working in the Roaring Fork Valley. Dan Woodward, David Potarf, Matthew Barnett and Jake Young with …