Multifamily

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 …

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 …

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 …

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 …

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, …

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 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, 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 …

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 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, …