BrokerageInvestment

JLL Acquires HFF for $2B

Commercial real estate brokerage firm JLL announced today it will acquire HFF in a cash and stock transaction for approximately $2 billion. Since 1998, HFF has closed more than $800 billion in over 27,000 transactions, achieving record revenue in 2018 of more than $650 million. Mark Gibson, CEO of HFF, will join JLL as …

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BrokerageHospitalityInvestment

Rockbridge Acquires Halcyon Hotel, Cherry Creek

DENVER – Ohio-based Investor Rockbridge, has acquired the Halcyon hotel in Cherry Creek, from owner Sage Hospitality. The 154-room luxury hotel, located at 245 Columbine Street, is Rockbridge’s most recent lifestyle property. Makeready, who specializes in independent hotels and restaurants, will manage the hotel, restaurants and bars. Halcyon’s independent personality is deeply connected …

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InvestmentProperty ManagementRetail

Dunton Commercial Acquires Thornton Value Add Retail

THORNTON — Dunton Commercial, a commercial real estate company offering Property Management, Accounting, and Advisory Services, has acquired a 112,808-square-foot, value-add retail center in Thornton, known as Huron Plaza. The acquisition of Huron Plaza is the first for Dunton under its new ownership group. “The principals of Dunton each have significant investment experience, but …

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DevelopmentInvestmentOfficeProperty Management

Seattle Company Acquires Two Properties in Denver’s Largest Office Market

DENVER — Seattle-based Schnitzer West, one of the West Coast’s fastest-growing real estate investment, development and property management companies, has announced the purchase of two properties in the Denver area; Peakview Place in Centennial and 115 Inverness in Englewood. Both properties are ideally positioned near light rail stations in Denver’s southeast suburban …

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BrokerageHospitalityInvestment

Tavern Downtown and Nearby Parking Lot Sell for $17.75M

View here San Francisco-based Fillmore Capital Partners, a private investment company with principal focus on healthcare, lodging, affordable housing and other specialized real estate investments, has purchased two buildings and a parking lot next to Coors Field for $17.75 million. The purchased parcels are: 1937 Market St, 1949 Market St., …

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BrokerageInvestmentMultifamilyReports

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 …

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DevelopmentInvestment

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 …

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InvestmentTechnology

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 …

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BrokerageInvestmentProperty Management

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 …

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DevelopmentHealthcareInvestment

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 …

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