Griffis/Blessing Purchases Glenbrook Apartments in Denver
DENVER, CO – Griffis/Blessing, Inc., finalized the acquisition of Glenbrook Apartments located in southeast Denver, CO on November 1st. Glenbrook is a 252-unit, garden-style multifamily community built in 1985 that is comprised of studios, one- and two-bedroom apartment homes, averaging 752 square feet. The community offers residents an outdoor swimming pool, …
ARA Newmark Closes on Highest Price Per Unit Multifamily Trade in Boulder History
Boulder, CO — With the sale of Solana 3100 Pearl, ARA, A Newmark Company (ARA Newmark) closes on the highest price per unit, conventional multihousing trade in Boulder, CO, and the second highest price per unit trade in all of Colorado. The 319-unit, mixed-use, transit-oriented development is located just off …
12-Unit Multifamily in Arvada Sold
Arvada, CO – Pinnacle Real Estate Advisors, LLC sold 9990-10000 W 59th Ave located in Arvada, Colorado. This multifamily property has 12 units and was built in 1959. The building is located just east of Kipling and 59th Place in the Ralston Valley Neighborhood. The property sold on October 25th, 2016 …
ASHRAE/IES Publish 2016 Energy Efficiency Standard
Numerous energy savings measures resulting from industry input are contained in the newly published energy efficiency standard from ASHRAE and IES. This 2016 version is the 10th edition published since the original standard was first published in 1975 during the energy crisis of the United States. ANSI/ASHRAE/IES Standard 90.1-2016, Energy Efficiency …
HFF Arranges $13.6M Financing for Aurora Multifamily
Denver, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged acquisition financing for Alvista Highline, a 90-unit townhome apartment community in Aurora, Colorado. HFF worked exclusively on behalf of the borrower, Advenir, Inc., to secure the 10-year, floating-rate loan with five years of interest only through …
Etkin Johnson Unveils 3-Phase Development Plan for The Gateway at InterQuest
Colorado Springs, CO – Etkin Johnson Real Estate Partners has finalized the conceptual plan for its recent purchase of The Gateway at Interquest, a 77-acre tract of land in northern Colorado Springs. Development plans for The Gateway at InterQuest include three distinct multi-family housing projects, as well as retail, office and …
CBRE Completes Sale of Historic Lincoln Hotel Apartments Property in Downtown Loveland
Loveland, CO – CBRE Group, Inc. recently announced the sale of the Lincoln Hotel Apartments building located at 365 North Lincoln Avenue in Loveland, Colorado. Mike Eyer and Julius Tabert of CBRE’s Fort Collins office handled the sale, which closed Friday, Oct. 14, 2016. The seller was Lincoln Hotel Apartments, LLC of …
CFC Construction Breaks Ground on Iliff Station in Aurora
Aurora, CO – CFC Construction recently announced the official ground breaking of Iliff Station in Aurora, Colorado. The Transit-Oriented Development (TOD), located near RTD’s new light-rail station off East Iliff Avenue and Interstate 225, is a 424-unit, garden-style apartment complex in 18, three- to four-story buildings. “Iliff Station brings a new …
209-Unit Multifamily in Colorado Springs Sells Above Asking Price for $12.6M
Colorado Springs, CO – Transwestern’s Denver Multifamily Investment Services Group announced the sale of Vistas at the Citadel, a 209-unit community located at 3955 Easy Bijou St. in Colorado Springs. A private investor from California acquired the property for $12.65 million, or $60,526 per unit, as the second transaction in …
$19M Financing for 177-unit Multifamily in Suburban Denver via HFF
Denver, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged $19.032 million in financing for The Phenix at 4 Mile, a 177-unit apartment community in the Denver suburb of Glendale, Colorado. HFF worked exclusively on behalf of the borrower, Slipstream Properties (Slipstream), to secure the 10-year, fixed-rate …