Saunders Receives Construction Financing for 203-Unit Apartment Community in Englewood
Saunders Commercial Development Company has received $43 million in structured construction financing for the development of Winslow Crane Apartments, a 203-unit, Class A, garden-style multi-housing community in Englewood. Winslow Crane Apartments will feature unparalleled amenities and finishes. Once completed in 2022, the three-story property will consist of one- and two-bedroom …
540-Unit Mixed Use Apartment Complex Coming to RidgeGate Station in Lone Tree
Regency Partners has closed on the land that will deliver 540 units of transit adjacent housing at the RTD RidgeGate Station on the east side of I-25 just south of RidgeGate Parkway. Construction is expected to begin this summer and will be completed by Shaw Construction in two phases with …
NOVEL RiNo Breaks Ground
On Tuesday July 20, Crescent Communities broke ground on the mixed-use, multifamily community NOVEL RiNo in Denver’s River North Art District and Cole neighborhood. NOVEL RiNo, located at 1300 40th Street, will include 483 luxury residences and 15,800 square feet of retail space. A percentage of the residences will be designated for …
Joint Venture Announces $80M Multifamily Development in Broomfield
Titan Development and Pivot Development have formed a joint venture to close on a new $80 million multifamily development in the Interlocken Technology Park within the MidCities District of Broomfield. The project is located directly off the Boulder turnpike, an important area thoroughfare. Located on a 3.3-acre land parcel within the highly desirable Interlocken …
Embrey Closes on Land Site for Multifamily Project at The District in Centennial
San Antonio-based Embrey Partners, LLC has closed on its site purchase for Hensley at The District, a 304-unit multifamily community project with neighborhood walkability and easy access to jobs, shopping and entertainment. Embrey purchased the site from Denver-based Brue Baukol Capital Partners. The project is a six-story multifamily wrap-style project that …
Apartments Under Construction at Canyonside Master Planned Community in Castle Pines
Denver-based BMC Investments (BMC) has commenced construction on Canyonside Apartments, a new, 325-unit multifamily community located within Canyonside at Castle Pines, the mixed-use neighborhood within the Canyons master planned community in Castle Pines. The property will be one of the only rental options in the community and are expected to deliver in summer 2023. BMC Investments’ partner …
38-Unit Denver Apartment Property Sells for $10.1M
Pinnacle Real Estate Advisors, LLC announced the sale of Cherry Street Apartments located at 831 and 861 North Cherry Street in the Hale neighborhood of Denver. The 38-unit property, built in 1948, recently sold for $10,150,000; $267,105 per unit and $379.30 per square foot. Robert Lawson, principal, represented the unnamed buyer in …
CREW Denver Holds Mid-Year Economic Forecast
On July 14 CREW Denver held its Mid-Year Economic Forecast and happy hour at the University of Denver Knoebel Events Center. Patty Silverstein, president and chief economist of Developmental Research Partners, gave her economic forecast for 2021 which included trends in the commercial real estate and construction industry. Silverstein shared a …
PMG and Greybrook Realty Partners Acquire 123 Speer Blvd for $35M
A joint venture between national investment, development, and asset management firm PMG and Toronto-based private equity and asset management firm Greybrook Realty Partners, announced last week that they have purchased the Denver7 building on the 2.3 acre site at 123 Speer Blvd. for $35 million. PMG and Greybrook will develop Society …
Groundbreaking: Parterre Master-Planned Community in Thornton
Hines and partner Trez Capital have broken ground on Parterre, a new master-planned community in Thornton that will include for-sale single family, paired homes and multifamily units, as well as a mix of commercial and retail uses. Spanning across nearly 800 acres, the development will feature nearly 3,000 residential homes …