Blue Federal Credit Union Announces Formal Partnership with Sport Stable
Blue Federal Credit Union is proud to announce a new naming rights partnership with Sport Stable of Superior, Colo. The new name of the facility will be Blue Sport Stable. The multi-year partnership between Sport Stable and Blue Federal Credit Union was brokered by Denver-based Linq Sports Partners industry veteran, Chris Lennon. …
New Real Estate Investment Fund Provides Opportunity to Invest in Distressed Real Estate
Real estate veteran and turnaround specialist James King, founder of Denver-based King Communities, has introduced a real estate investment fund, providing people with the opportunity to invest in distressed real estate assets. The Contrarian RE Fund 1, LLC, researches, identifies and acquires multifamily and manufactured home communities that are being …
Rare Industrial Park in Pueblo Sells for $3.6M
The Denver office of Marcus & Millichap announced today the sale of Pueblo Industrial Park, a 28,800-square-foot industrial property located at 589 East Industrial Boulevard in Pueblo West. The asset sold for $3,650,000. “This was a rare opportunity to purchase the largest Small-Bay Industrial Park in the area located on …
Denver’s Life Sciences Funding Sees YoY Increase
Cushman & Wakefield has published new insights on Life Sciences Funding. Private capital funding has accelerated growth in the life sciences sector over the last decade. Record flows to the sector helped drive up valuations in preparation for initial public offerings (IPOs), which hit a record in 2020. While the …
Lincoln Property Company Commercial Announces Growth and Succession Plan
Today, Lincoln Property Company Commercial announced a growth and succession plan that includes the appointment of a new generation of executive leadership and a major investment by funds managed by Greenwich, CT-based investment firm Stone Point Capital LLC. Lincoln is one of the nation’s largest diversified commercial real estate companies that manages, leases, and develops office, …
Budweiser Event Center in Loveland to be Renamed Blue Arena
Blue Federal Credit Union, a fast-growing credit union serving Colorado and Wyoming, will take over the naming rights of the Budweiser Event Center located in Loveland, Colorado, in October 2023 at the expiration of the current contract with Larimer County. The facility will be renamed Blue Arena with a 10-year naming rights …
Denver City Council Approves Hotel-to-Housing Project
On Monday, Jan. 16, Denver City Council approved a $9 million purchase and sale agreement for the acquisition of the Stay Inn, a four-story hotel, and two adjacent parcels, located at 12033 E. 38th Ave., 3835 Peoria St., and 3805 Peoria St. The hotel structure includes 96 bedrooms, 95 of which …
Piper Sandler Looks Toward Investment in the Rocky Mountain Region in 2023
Following a record-breaking year in 2021, the Piper Sandler Special District Group, a specialty financing group with more than 30 years of experience helping to fund public infrastructure for new development, continued to see significant growth in 2022 with the expansion of its team and the opening of a new Denver headquarters. …
Cadre Sells Portfolio of Four Office Parks in Colorado Springs
Cadre, the technology-driven real estate investment manager, today announced the successful sale of an office portfolio in Colorado Springs. The Colorado office portfolio, comprised of four office parks (Interquest, Patriot Park, Aerotek Commerce Park, and Peak Innovation), was sold in October 2022 for an undisclosed amount. Cadre’s investment in the portfolio generated …
Garden-Style Apartment Community in Colorado Springs Provides Impressive ROI
Following the purchase and renovation of a 288-unit, garden-style apartment community in Colorado Springs, Texas-based Lynd Acquisitions Group (LAG) has sold the property for $67.5 million, surpassing investment goals three years sooner than anticipated. Lynd bought the Village at Lionstone in December 2020, at the height of the pandemic, for …