Transwestern_Highlands Park Apartments_Denver CO

125-Unit, Mixed-Use Denver Multifamily Trades for $40.25M

Denver, CO – Transwestern’s Denver Multifamily Investment Services Group today announces the sale of Highlands Park Apartments, located in the popular Lower Highland neighborhood commonly known as LoHi. Grand Peaks Properties, a Denver-based multifamily investment firm, acquired the 125-unit property for $40.25 million, $407 per square foot or $322,000 per unit. …

HFF_TheBinderyonBlake_Denver CO

HFF secures $9.6M in financing for The Bindery on Blake in Denver’s RiNo District

Denver, CO  – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has secured $9.6 million in financing for The Bindery on Blake, a two-building mixed-use project that co-mingles office, artistry, brewery, cidery and dining in the River North (RiNo) District of downtown Denver. HFF worked on behalf of the …

Denver Rents_Wall Street Journal Report

WSJ includes Denver as More Expensive City for Renters in Latest Report

View here The Wall Street Journal reported on how rising rents are outpacing income. According to an analysis of U.S. Census data released by Apartment List, a rental listing website, inflation-adjusted rents have risen by 64% since 1960, but real household incomes have only increased by 18% during that same time period. …

Pinnacle Multi-Family_Aurora_Golden_Lakewood

Several Multi-family Properties Sold in Aurora, Golden & Lakewood

Aurora, CO – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1677 Geneva Street located in Aurora, Colorado. This multifamily property has 12 units and was built in 1964. The building is located on Geneva Street, north of Colfax Avenue and west of the Fitzsimons Medical …

Downtown Denver Partnership_2016-Annual-Development-Map_Denver CO

Downtown Denver Development Map Highlights $4.4B in Total Investment Since 2011

Denver, CO – The Downtown Denver Partnership has released the 2016 Downtown Denver Development Map detailing projects that have been completed or are currently under construction since January 2011. Currently, $4.4 billion of total investment in development has been completed or is under construction in Downtown Denver, totaling 73 projects, 3.1 …

OZ Architecture new DriveTrain Development_Denver CO

Market Perspective: Why Mixed-Use Developments So Popular?

View here Mixed-use developments have dominated the commercial real estate market in the past few years and continue to sprout up all over the metro Denver area. From the Steam on Platte to DriveTrain to Dairy Block, mixed-use developments are revitalizing neighborhoods in Denver, adding pedestrian-friendly spaces with office, retail, residential, …

Inland Real Estate Acquisitions_Fort Collins Multifamily_The Preserve

Fort Collins 220-Unit Multifamily Purchased by Inland Real Estate Acquisitions

Fort Collins, CO – Inland Real Estate Acquisitions, Inc. recently announced that it facilitated the acquisition of The Preserve at the Meadows, a 220-unit multifamily property located in Fort Collins, Colorado. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, facilitated the transaction on behalf of an Inland affiliate. As …

United Properties Multifamily_1520 Wabash_Denver CO

Denver 14-Unit Multifamily Asset Sells for $1.4M

Denver, CO — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc.,  recently represented the seller and buyer of a 14-unit multifamily asset located at 1520 Wabash Street in Denver, CO. The property sold for $1,440,000 or $102,857 per unit. The transaction closed on June 13, 2016. 1520 Wabash Street has 14,050 …

Pinkard Affordable Housing_Lakewood CO

Pinkard Starts Up on Three Low Income Housing Tax Credits Projects

Lakewood, CO –  Pinkard Construction Company is kicking-off preconstruction services on three Denver-area affordable housing projects that were recently awarded Federal and state Low Income Housing Tax Credits (LIHTC) by the Colorado Housing and Finance Authority (CHFA). The Village at Westerly Creek 3, developed by the Aurora Housing Authority, Boulevard …

CSAE-2016-Board_Denver CO

3 CRE/AEC Association Professionals Installed on CSAE 2016-17 Board of Directors

Westminster, CO —The Colorado Society of Association Executives (CSAE) installed its 2016-17 officers and Board of Directors during a ceremony held in Vail, Colo., on May 27. Three association professionals that work in the commercial real estate and architecture/engineering/construction industries were recognized, including, Mark Williams, executive vice president of the Apartment …