Alberta Development Partners_Orchard Station_Greenwood Village CO
DevelopmentHospitalityMultifamilyOfficeRetail

Update on Proposed TOD Orchard Station in Greenwood Village

View here Alberta Development Partners has reportedly removed its master development plan for Orchard Station, a planned transit-oriented development set to break ground in Greenwood Village. Rendering courtesy of Alberta Development Partners, LLC

READ MORE →
FirstBank_DeLo Apartments_OZ Architecture
ArchitectureBrokerageConstructionDesignMultifamilyRetail

FirstBank Finances $24.3M Construction Loan for DeLo Apartments

Louisville, CO – FirstBank is financing a $24.3 million loan for DeLo Apartments, LLC. The loan will help build a 115,000 sq. ft. luxury apartment complex, featuring 130 units in the newly redeveloped Downtown East Louisville neighborhood (referred to as “DeLo”). The apartment development, located on a 12.6 acre plot …

READ MORE →
Pinnacle Multifamily_July 28
BrokerageMultifamily

Pinnacle Sells Two Lakewood Multifamily Units Over $1M

Lakewood, CO –  Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 9493 W 14th Avenue in Lakewood, Colorado. This 8-unit property sold on July 14th with a contract price of $1,125,000; $140,625 per unit and $120.32 per square foot. The property, located just 2 blocks from the …

READ MORE →
Pinnacle Real Estate Advisors_Industrial Multifamily_Denver CO
BrokerageIndustrialMultifamily

Industrial Condos & 64-Unit Multifamily Sold by Pinnacle

Broomfield, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7110 West 117th Avenue, Units A4 and A5 located in Broomfield, Colorado. The 3,000 square foot industrial condos sold on July 11th, 2016. The property traded for $420,000. Doug Kaste, Associate Advisor, represented the seller …

READ MORE →
Pinnacle Multi-Family_Colorado Springs Denver
BrokerageMultifamily

Pinnacle Continues Multi-Family Brokerage Colorado Springs to Denver

Colorado Springs, CO – Pinnacle Real Estate Advisors, LLC announces the sale of 1075 Magnolia St, Colorado Springs, Colorado. This multifamily property has 4 units and was built in 1972. The building is located less than a mile south of the University of Colorado’s Colorado Springs campus. The property sold on …

READ MORE →
Seagate Colorado Parnters_One Belmar Place_Lakewood CO
BrokerageMultifamily

Seagate Acquires One Belmar Place Apartments for $46.6M

Lakewood, CO – Seagate Colorado Partners, LLC recently announced that it has completed the purchase of One Belmar Place Apartments from Cornerstone Real Estate Advisers, acting on behalf of an institutional investor. The 208-unit complex, located at 770 S. Vance Street in Lakewood, Colorado, traded for $46.6 million. Built in 2001, …

READ MORE →
Denver Affordable Housing Opposition_Denver CO
ConstructionDevelopmentMultifamily

Market Perspective: Opposition to Affordable Housing Development Fees

View here After only a week of the release of Mayor Hancock’s plan for affordable housing, opposition is already mounting on the affordable housing development fee on new construction projects in order to pay for the 6,000-unit, $150 million affordable housing plan. Naysayers conclude that the fee will result in higher …

READ MORE →
Alberta Development Partners_Orchard Station_Greenwood Village CO
DevelopmentHospitalityMultifamilyOfficeRetail

TOD Orchard Station Coming to Greenwood Village

by Julie Wanzer, LEED AP Greenwood Village, CO – A new transit-oriented development (TOD) in Greenwood Village has been unveiled by Alberta Development Partners. This type of development first took center stage in 2006 when the City and County of Denver released its TOD Strategic Plan to help guide TOD related …

READ MORE →
MorningStar Senior Living_Confluent Development_MorningStar Senior Living of Arvada
ArchitectureConstructionDevelopmentHealthcareMultifamily

MorningStar Senior Living, Confluent Development Break Ground on Arvada Senior Living

Arvada, CO – Co-developers MorningStar Senior Living and Confluent Development have broken ground on a new senior living community in Arvada. With an anticipated completion in Fall 2017, and an information center onsite by January 2017, the project will open under the name MorningStar Senior Living of Arvada, delivering 141 suites …

READ MORE →
HFF_Prairie Center Apartments_Brighton CO
BrokerageDevelopmentMultifamily

HFF Arranges $39M Financing for Brighton Multifamily

Brighton, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged $39.45 million in construction and preferred equity financing for the development of Elements at Prairie Center, a 288-unit multi-housing community in Brighton, Colorado. HFF worked exclusively on behalf of the developer, a joint venture between Delaware-based The …

READ MORE →