BrokerageMultifamily

Environs Residential Rental Community in Westminster Sells for $82M

DENVER – Environs residential rental community located at 3323 West 96th Circle in Westminster, has sold for $82 million. Dan Woodward, David Potarf and Matthew Barnett with CBRE represented the seller, Seagate Associates, LLC, of San Rafael, California. The buyer, San Francisco’s Hamilton Zanze, purchased the property in a sale that closed …

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BrokerageMultifamily

Mission Rock Residential Assumes Management of Westminster Rental Community

DENVER— Colorado company Mission Rock Residential, LLC has assumed management of a unique rental community in the town of Westminster. The company has been issued an agreement for the property management of Environs Residential Rental Community, on behalf of Hamilton Zanze Real Estate Investments. Westminster has experienced strong population growth in recent years. Denver’s …

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BrokerageMultifamily

Skyhouse Denver Sells for $138.4M

Skyhouse Denver, a 25-story luxury apartment building in downtown has sold for $138.4 million, according to Denver County Public records. The 354- unit project includes a swimming pool, fireplace, outdoor kitchen and 360-degree views of the city. Studio apartments start at $1,574, one-bedrooms at $1,772 and two-bedrooms at $2,627. The building …

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DesignMultifamilyOffice

Commercial Design and Visual Merchandising Firms Join Forces

DENVER— TRIO, one of the fastest-growing design and visual merchandising firms in the nation, has acquired Denver-based Design Lines, Inc., an interior design firm specializing in model homes, apartment communities, clubhouses and sales centers. The move will allow TRIO to offer more comprehensive services, resources and expertise, as well as greater national reach and deeper market insights. “Design Lines has established …

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ArchitectureConstructionMultifamily

Affordable Micro-Apartments in Uptown Near Completion

DENVER — Economist micro-apartments, by Denver-based developer Pando Holdings, are nearing completion in Uptown Denver. The 97-unit residential micro-apartments feature well-designed units that maximize space and reflect the growing trend for a minimalist, urban lifestyle at 1578 Humboldt Street. Oz Architecture is the project architect, W.E. O’Neil is the project general contractor …

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BrokerageMultifamily

Lone Tree Multifamily Asset Sells for $62M

DENVER – JLL’s Capital Markets experts completed the $62 million sale of Aspect, a Class A, 230-unit multifamily asset in the affluent Denver suburb of Lone Tree, Colorado. JLL represented the seller, Holland Partner Group, a recognized leader in the development of high-quality investment properties in the Western United States. Managing Directors Mike Grippi, …

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Affordable HousingConstructionDevelopmentMultifamily

Groundbreaking: Workforce/Affordable Housing Development in Keystone

KEYSTONE, CO —  The Village of Wintergreen, a new workforce/affordable housing project, broke ground this month in Keystone. The 196-unit workforce housing project is located at 21771 U.S. Highway 6. in the heart of Keystone in Summit County and will be a mixed income, workforce housing community, offering a number of housing …

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ArchitectureConstructionDevelopmentHospitalityMultifamilyRetail

Mixed-use Development Set to Transform Downtown Longmont

LONGMONT — Construction is underway on South Main Station, a vibrant mixed-use redevelopment in old town Longmont that is part of the city’s vision to redevelop the 1st and Main Street area. The project, by owner/developer Mass Equities, is the largest single private downtown investment in Longmont in decades. Brinkman Construction is the …

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BrokerageConstructionMultifamily

Denver’s Multifamily Market Not Overbuilt, Says CBRE

DENVER– CBRE is dispelling the myth that downtown Denver’s multifamily market is overbuilt. The commercial real estate giant’s latest report looks at how the balance between apartment supply and demand— the ratio of jobs to apartment units — reveals that downtown Denver is in fact underserved and additional apartment supply is needed. Downtown Denver …

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ConstructionDevelopmentMultifamily

Apartment Complex Sells for Routt County Record Price

STEAMBOAT SPRINGS – SkiView Place, a Steamboat Springs apartment project, recently sold for a Routt County record price of $9,050,000 ($215,476 per unit). The project was purchased by Tralee Capital Partners, from developer, Brinkman and ownership partner Woodbury Strategic Partners. The 34,000-square-foot, two-building project includes 42-units and sits on a 1.1 acre site. Upon …

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