Denver Multifamily Market Sees its First Quarter of Negative Net Absorption in More Than a Decade

According to Northmarq’s latest market insights report — which includes market data, charts and graphs on current and historical trends for multifamily, employment, development, vacancy, rents and multifamily sales — operating conditions in the Denver multifamily market softened during the fourth quarter of 2022, as asking rents declined and the vacancy rate …


Local Developer Secures $31.16M Financing for Luxury Colorado Apartment Community

Denver-based Forum Real Estate Group, LLC recently refinanced its multifamily property Epoque Golden, a 120-unit, Class A, four-story community in Golden. JLL Capital Markets worked on behalf of the borrower team, including Forum Real Estate Group, LLC, to secure the $31.16 million, five-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be …

Affordable HousingConstructionDevelopmentMultifamily

Archway Communities Launches Affordable Housing Thought Leadership Blog

In an effort to open a conversation about the Affordable Housing Crisis, Archway Communities‘ CEO Sebastian Corradino has launched a Thought Leadership Blog that will be published quarterly. Mile High CRE is delighted to share this information with its readers. His first piece, published February 2, addresses the need for …

Affordable HousingConstructionDevelopmentMultifamilyReports

New Apartment Development in Denver Declined 88% Following Implementation of Affordable Housing Ordinance

According to the Apartment Association of Metro Denver, applications for new apartment development declined by a dramatic 88% in the three months since a new Denver affordable housing ordinance went into effect on July 1, 2022. Denver City Council approved a plan called expanding housing affordability, an ordinance that now requires …

DevelopmentInvestmentLife SciencesMultifamilyOffice

Lincoln Property Company Commercial Announces Growth and Succession Plan

Today, Lincoln Property Company Commercial announced a growth and succession plan that includes the appointment of a new generation of executive leadership and a major investment by funds managed by Greenwich, CT-based investment firm Stone Point Capital LLC. Lincoln is one of the nation’s largest diversified commercial real estate companies that manages, leases, and develops office, …

Affordable HousingConstructionDevelopmentMultifamily

Alliance Construction Solutions Completes Construction on Liberty View at Fitzsimons

Alliance Construction Solutions has completed Liberty View at Fitzsimons, an affordable housing development for veterans aged 62+ and their families. The project is a collaboration between Aurora Housing Authority, Studio Completiva, and Alliance. The 61,000-square-foot property offers 59 units of affordable housing consisting of one- and two-bedroom units, as well as outdoor and …


Avanti & Trinity Partner on $45M Sunset Peak Apartments + $5.3M Planned Improvements

Avanti Residential has partnered with Trinity Investors in the $45 million acquisition and recapitalization of Sunset Peak Apartment Homes, a 184-unit multi-family community in Thornton. The project is unique in its townhome design and low density for the local market area. It will receive a fresh capital infusion of approximately $5.3 …


Kairoi Residential Brings-on “AliceHome” to Provide White Glove Service to Residents of The Confluence

Kairoi Residential, a premier, vertically integrated, multifamily. investment, development and property management company, recently announced that the firm has partnered with AliceHome, a personal home management service, to provide white glove concierge services to residents of The Confluence apartment building in downtown Denver. The partnership is just the latest example of the extent to …


New Commercial Interiors Firm Launches in Denver

Interior architecture and design veterans Sarah McGarry and Rene Stremel (formerly of Stantec) have launched Clic Design Studio, a new full-service commercial interior architecture and design studio in Denver. The duo will serve clients across the commercial real estate space throughout Colorado with a focus on tenant improvement, mixed-use and multifamily work. …


Pinkard Completes Construction of Carraway on Penn in Platt Park

Pinkard Construction, a multifamily housing general contractor celebrating 60 years in Colorado, has completed construction for Carraway on Penn, a 34,619-square-foot multifamily residential property located just two blocks from the Louisiana/Pearl light rail station in Denver’s desirable Platt Park neighborhood. Denver-based investment and development firm Confluent Development, in partnership with Narrate Companies, …