Denver CRE Investment Company Acquires Attainable Housing Community in Kansas City
In a joint venture, Denver-based commercial real estate investment company Peakview Investments and Infinite Waters have acquired Walnut Tower, a notable 180-unit, value-add, high-rise multi-housing community located in the heart of downtown Kansas City, Missouri. The purchase of Walnut Tower marks the company’s second value-add multifamily acquisition in the past 14 months. The cornerstone …
The Rose on Colfax Tops Out
Alliance Construction Solutions has made significant strides in constructing The Rose on Colfax and celebrated a successful topping out with its subcontractor partners Mercy Housing and architect Van Meter William Pollack in attendance. The Rose on Colfax, located at 1500/1510 N. Valentia Street in Denver is five stories consisting of 82 one-, two-, three-, and …
99-Year-Old Hispanic Woman Inspires New Construction in Longmont
KCI Krische Construction will break ground on November 1 on Casa Lou Cardenas, a mixed-use building at 9th and Main Street in Longmont. While the building will include 3,654 square feet of divisible, available retail space, and six well-appointed apartments, the building’s name, Casa Lou Cardenas, embodies its soul of diversity, community, and …
Overland Property Group Opens Mixed-Income Community in Green Valley Ranch
On Thursday, Oct.27 Overland Property Group celebrated the grand opening of The Reserves at Green Valley Ranch mixed-income apartment community. Managed by Mission Rock Residential, the 216-unit community will help alleviate the City of Denver’s growing housing affordability challenges. “Our team has focused on the development of mixed-income housing since our company’s …
Origin Investments & Massimino Development Complete Multifamily Project Near Boulder
The phased construction of Farm Haus Apartments in Longmont is nearly complete and the lease-up of the new community is taking place at a strong pace averaging 30 move-ins per month. Farm Haus Apartments is a joint venture development between Chicago-based Origin Investments and Boulder-based Massimino Development. Farm Haus Apartments …
Historic Apartment Community in Denver’s Uptown Sells for $8.4M
Uptown Terrace, a 34-unit apartment community in downtown Denver’s Uptown neighborhood, has sold to Quantum Capital, as part of a 1031 exchange, for $8.4 million. Erik Toll, Andy Hellman, Justin Hunt, Brad Schlafer and Jessica Graham with CBRE’s multifamily investment properties team in Denver represented the seller, Cohen Rojas Capital Partners. …
Pinnacle Partners and Mortenson Development Announce Plans for Opportunity Zone Project
Opportunity Zone real estate investment management firm Pinnacle Partners, in partnership with Mortenson Development, is planning to develop a new multifamily housing development located at 2506 W. Colfax Avenue in Denver. Pinnacle Partners is investing 100 percent of the limited partner equity, and Mortenson Development is serving as the developer …
Cypress Equity Investments Hosts Grand Opening Event for Revel Apartment Community in Aurora
Cypress Equity Investments (CEI), a national multifamily developer, hosted Aurora Mayor Mike Coffman at a Grand Opening Celebration on Thursday, October 13 for Revel, a 300-residence transit-oriented apartment community in Aurora. Located just off I-225 and within walking distance of 2nd Ave. & Abilene Station on Denver RTD’s R light rail line, the category-defining garden-style community provides easy access to …
ACRE Closes on $52.7M Loan for ‘Johnstown Plaza’
ACRE, a global real estate private equity firm, recently finalized a $52.7 million loan with a joint venture between Graycliff Capital Partners and Buligo Capital Partners, to support the newly-built Class A multifamily community ‘Johnstown Plaza,’ in Johnstown, Colorado. Issued through ACRE’s debt fund “ACRE Credit I”, the loan will facilitate …
Luxury Apartment Property in the Denver Tech Center Sells for $115M
Denver-based EverWest Real Estate Investors has completed the sale of Peakview Apartments, located in the heart of the Denver Tech Center, for $115 million. The 4-story luxury community, located at 7700 E. Peakview Ave., was sold to Griffis Residential, a multifamily real estate investment company that owns and manages approximately 8,000 apartment homes in …