BrokerageDevelopmentFeatureIndustrialInvestment

Opportunity Beckons Denver’s Investors and Developers in 2019

By Katie Rapone Ever since opportunity zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017, investors, property owners and developers alike have been scrambling to make sense of the new law to better learn how to take advantage.  An opportunity zone …

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InvestmentOffice

Class Valuation Establishes R&D Center in Downtown Denver

DENVER — Class Valuation, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, has opened a new research and development center in Denver, to serve as the center for new innovation and technology that will support the real estate …

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InvestmentRetail

Denver-based Investment Company Hits $200M Milestone

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, has announced that its core income portfolio has surpassed $200 million in asset total with the recent acquisition of Woodlands Market in Menomonee Falls, Wisc. Founded in …

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DevelopmentInvestment

Cadence Capital Partners and MRXE Capital Markets Complete Merger

DENVER – Commercial real estate veterans Michael Bennett and Jay Soave have merged their firms, creating a team with 40 years of combined experience in originating and executing real estate capital markets transactions to form Cadence Capital Partners. The newly merged company – which brought together Mr. Bennett’s MRXE Capital Markets and …

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DevelopmentIndustrialInvestmentRetail

E-Commerce has Industrial Market Poised for Continued Growth

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 …

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AdvisoryInvestment

Denver-based Mercer Advisors Acquires RIA Firm in Delaware

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 …

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Investment

J.P. Morgan and Black Creek Group Announce $400 Million Industrial Real Estate Partnership

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 …

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InvestmentMultifamilyProperty Management

North Carolina Investor Acquires 6th Multifamily Community in Metro Denver

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 …

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BrokerageInvestmentOffice

Joint Venture Sees Value in 12-story Office Tower in Downtown Denver

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 …

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BrokerageInvestmentMultifamily

CapitaLand of Singapore Purchases 5 Denver Apartment Buildings

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. …

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