Trailhead Community Awarded $5K Grant from ALTA Good Deeds Foundation
The American Land Title Association (ALTA) Good Deeds Foundation, a registered 501(c)(3) charitable organization founded by ALTA, the national trade association of the land title insurance industry, has awarded $5,000 to Trailhead Community in Littleton. Dora Mobley, closing director of Windmill Title, LLC in Nashville, Tenn., nominated the nonprofit to …
New Cushman & Wakefield Report Details Denver’s Trajectory Approach to Building Decarbonization
According to a new Cushman & Wakefield report: Denver’s Innovative Building Performance Standard Legislation, an estimated 40 percent of global greenhouse gas emissions come from the built environment. Because the built environment is concentrated in urban communities, cities are playing a major role in achieving the goal of decarbonizing the world. …
Apartment Property in Denver Opportunity Zone Sells for $10.5M
Denver-based Tekton Group, a real estate private equity firm with a deep investment history in Colorado, has purchased The Mile Apartments — located in an opportunity zone at 1598 Hooker Street near Sloan’s Lake Park and Mile High Stadium — for $10.5 million. The 24-unit building is a brand-new construction 5-story building, …
Alliance Construction Solutions Making Progress on RidgeGate Affordable Housing Project
Alliance Construction Solutions is progressing smoothly as they near completion on RidgeGate Affordable Housing, located at 10810 Rail Way in Lone Tree, in close proximity to the RTD RidgeGate Light Rail station. The project will total 90,900 square feet, constructed of a concrete podium with four stories of wood frame construction and 67 units of …
Taylor Kohrs Completes Construction of Dry Gulch Commons in Lakewood
Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, recently completed construction of a 24-unit, market-rate apartment complex in Lakewood: Dry Gulch Commons. Each 1,000-square-foot unit is equipped with two bedrooms, 1-2 bathrooms, a balcony or patio, vaulted ceilings, in-unit laundry, dedicated storage and fiber internet. “These beautiful apartment homes are conveniently …
Apartment Building in West Wash Park to be Repositioned
Cedar Creek Apartments, a 39-unit property located at 223, 227, 237-257 N. Pearl Street in Denver — and two adjacent single-family homes — sold on September 29 for a contract price of $11 million; $268,293 per unit, and $319.89 per square foot. The legacy asset 39-unit apartment building, located in the West Wash Park neighborhood, …
Hangar 61@Peña Station Nearing Completion
MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer, has announced Hangar 61@Peña Station is nearing completion. The 198-unit luxury multifamily community at 18025 E. 61st Ave. in Denver has received its temporary certificate of occupancy (TCO), with project completion anticipated for January 2023. “Peña Station checks …
Hamilton Zane Acquires its Seventh Property in Colorado Springs
San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 264-unit Springs at Foothills Farm apartment community in Colorado Springs. The purchase marks the firm’s seventh property in their current portfolio in the Colorado Springs metro. Built in 2021, Springs at Foothills Farm is located at 1203 Affirmed View …
1,800 Residential Units Proposed for 74-Acre Site Near DIA
A development proposal for approximately 1,800 units of rental apartments and townhomes and up to 50,000 square feet of retail/commercial is currently under review for a 74+/- acre parcel of land in the airport submarket. According to a Large Development Review Application submitted on September 21 by Norris Design, Denver SPUR project will feature …
Apartment Community Near Colorado State University at Pueblo Sells for $15.25M
Capstone Apartment Partners announced today the $15.25 million sale of Belmont Square Apartments. Situated on 4.48 acres along a main thoroughfare, the 138-unit asset is just minutes away from Colorado State University at Pueblo, a variety of dining and retail establishments, and public transportation. Capstone’s Austin Smith represented the buyer, …