BrokerageConstructionDevelopmentIndustrialInvestment

Denver-based Developer Acquires Two In-fill Sites in Metro Denver

Corum Real Estate Group, a Denver-based developer and manager of industrial, multifamily and office assets, recently closed on the acquisition of two land sites in the Denver metro area and will construct a combined 400,000 square feet of speculative industrial warehouse space to be delivered in the fourth quarter of 2020. Gateway Central …

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IndustrialInvestment

Class A Warehouse Portfolio in Aurora Acquired for $72M

ASB Real Estate Investments (ASB) has acquired a three-building, Class A warehouse portfolio totaling 633,193 square feet near DIA for $72 million. The investment was made on behalf of ASB’s Allegiance Real Estate Fund, a $7.5 billion core vehicle. CBRE’s Jim Bolt, Tyler Carner and Jeremy Ballenger represented the seller, a Blackstone …

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InvestmentOffice

SoftBank Group Commits to Invest $8B in WeWork

In response to issues regarding cash flow and leadership, The We Co., parent company of coworking office space operator WeWork and Japanese technology conglomerate SoftBank Group Corp have reached an agreement under which SoftBank will provide $5 billion in new financing to The We Co., in addition to a tender offer up to …

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InvestmentMultifamily

Hunt Real Estate Capital Provides $5.86M to Refinance Fitz Apartments in Aurora

Hunt Real Estate Capital has provided a Freddie Mac Small Balance Loan in the amount of $5.86 million to refinance Fitz Apartments, a multifamily property located in Aurora. The 46-unit multifamily property is located at 1747-1777 Peoria Street. The property was built in 1961 and consists of two four-story buildings …

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InvestmentOffice

Global Financial Services Company Launches Investing Subsidiary in Lakewood

The Motley Fool Holdings, Inc., a global financial services company that has helped millions of individual investors master the stock market over the last 26 years, is expanding its investing advice beyond equities with the launch of its newest Lakewood-based subsidiary, Millionacres. “With the creation of Millionacres, we aim to …

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BrokerageInvestmentMultifamily

Englewood Apartment Building in Opportunity Zone Sells for $8.5M

The LIV Apartments, a 30-unit, five-story apartment building, located at 201 Englewood Parkway in an opportunity zone in downtown Englewood, have sold for $8.5 million. Robert Bratley with CBRE Capital Markets in Denver represented the seller, a private local group. Hardwick Partners, an investment group out of San Francisco, purchased the property in a …

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HospitalityInvestment

Four Denver-area Hotels Sell for $44M

According to the Denver Business Journal, four hotels in the Denver area have sold for a combined $44 million, as part of a larger transaction in which RLJ Lodging Trust sold a portfolio of 18 properties to Singerman Real Estate. Two hotels are in Golden and two are in Louisville. These include: Courtyard …

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BrokerageInvestmentOfficeProperty Management

Atlas Real Estate Group Expands To Phoenix

Denver-based Atlas Real Estate Group, a full-service realty group specializing in real estate investments, brokerage and property management, has expanded its presence to Phoenix, Arizona, through the addition of Valley Of The Sun Real Estate & Property Management. Holding the title as Best of Colorado Property Management for three consecutive …

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InvestmentOffice

Rising and BentallGreenOak Acquire Civic Center Plaza

Last week, Rising Realty Partners (Rising) and BentallGreenOak acquired Civic Center Plaza, a 598,592-square-foot, 22-story landmark, Class A, office building located at 1560 Broadway in the Uptown district of downtown Denver, for $124.6 million. Civic Center Plaza is adjacent to Denver’s premier transit hub and is over 97 percent leased to investment …

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BrokerageInvestmentRetail

Greeley Retail Center Changes Hands

GREELEY — The 4,373-square-foot Pacific Dental & Topper’s Pizza Strip Center located at 4421 Centerplace Dr. in Greeley, has sold for $2,125,000 ($485 per square foot). Peter Peluso and Chris Wiedenmayer of Legend Investment Group (LIG), a division of Legend Partners, facilitated the sale of the 2-tenant retail strip center that was built …

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