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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ENR Mountain States Announces Colorado’s Best Projects

DENVER — ENR Mountain States has announced the winners of its 2018 Best Projects competition across a seven-state region, which includes Utah, Idaho, Montana, Colorado, Wyoming, North Dakota and South Dakota. This year’s competition featured 124 entries, the largest number of entries in the contest’s 18-year history. Projects will be covered …

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BrokerageMultifamily

St. Moritz Apartments in Lakewood Sell for $78M

Oak Coast Properties and BMC Investments have acquired the St. Moritz Apartments a 360-unit community in Lakewood, for $78 million. The acquisition brings Oak Coast Properties’ Denver portfolio to nearly 4,000 units. “We remain bullish on Denver and this community signals our continued appetite for investment in this market,” said Phillip Nahas, managing partner of Oak Coast …

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New Vision for Former Denver Post Plant in Globeville

By Katie Rapone The Denver City Council recently approved the rezoning of The Denver Post’s former printing plant in Denver’s Globeville. The site is now approved for mixed-use development with buildings as high as 12-stories. Denver-based Ascendant Capital Partners DNA LLC and Greenwood Village-based Woodspear Properties are the managing members of …

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ConstructionDevelopmentMultifamily

Denver Metro Rental Market to See 15K New Apartments in 2018

DENVER — Despite the fact that new data from Yardi reveals that apartment construction is slowing down in 2018, Denver’s multifamily deliveries are projected to increase by 150 percent over last year. Unlike in much of the nation, Denver’s multifamily market is booming. According to the report, developers are planning to …

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ArchitectureDesignDevelopmentMultifamilyOfficeRetail

Proposed Downtown Denver Mixed-use Tower Undergoes Redesign

DENVER— Back in March, Mile High CRE reported that a new development called Kenect Denver, proposed for downtown Denver at 2136 Lawrence Street, was currently under review by the Arapahoe Square Design Advisory Board. As the development continues to make its way through the design review process, some extensive changes have been made to …

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BrokerageConstructionDevelopmentMultifamily

150-Unit Apartment Community to be Built Near DIA

DENVER – Boulder-based developer, SEEC Enterprises will begin construction of the Brick Stone Apartments On 56th Ave, a 150-unit apartment community located south of East 56th Avenue between Pena Boulevard and Tower Road in the Denver International Airport corridor. The multifamily development project is expected to break ground August 2018. Led by CBRE’s Zac …

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DevelopmentMultifamilyRetail

1600 Glenarm Place Sells for $131M

DENVER — 1600 Glenarm, a 31-story apartment building in the heart of downtown Denver has sold for $131 million. Northland Investment Corporation, a company registered to Northland Investment Corp. of Newton, Massachusetts, purchased the Iconic mixed-use high rise on Sixteenth Street Mall from RedPeak, Denver-based owner and developer of apartments. …

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Multifamily

Denver a Top 5 City for Rooftop Views

DENVER – Apartments.com has named Denver a Top Five City for rooftop decks and outdoor spaces with impeccable views. The cities were selected based on the number of listings that include a rooftop or deck in its description and are ranked in order from highest to lowest number of listings. …

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ArchitectureConstructionDevelopmentMultifamily

Under Construction: Jefferson View Apartments

DENVER – Jefferson View, a 12-story apartment building at 2450 Alcott Street that will overlook I25 and be among the tallest buildings in the Jefferson Park neighborhood, is currently under construction. A tower crane is up on the project site and the first level has been poured. Texas-based developer Argyle Residential and …

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