Affordable HousingMultifamilyTransit

New Affordable Housing Development to Welcome New Residents

Peoria Crossing, Aurora Housing Authority’s newest affordable housing development, located at 30th Avenue and Peoria Street in Aurora, is now complete and will open its doors to the first of many residents on Friday, October 4. Peoria Crossing added 82-units of affordable housing to the Morris Heights neighborhood. The transit-oriented development aims to connect people …

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DevelopmentMultifamily

Holland Partner Group Planning 8-story Apartment Building in RiNo

According to the Denver Business Journal, Holland Partner Group is under contract on a parcel of land located behind the Industry building on Brighton Boulevard in RiNo. The land is currently owned by Jason Winkler, chief executive officer of QFactor, the brains behind Industry creative workspace. Holland Partner Group has …

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EnergyMultifamilySustainability

Lakewood-based ICAST Paves the Way for Multifamily Sustainability

With support from a U.S. Department of Energy Office of Energy Efficiency and Renewable Energy (EERE) funding opportunity, the International Center for Sustainable Technology (ICAST), a nonprofit headquartered in Lakewood, Colorado, has completed energy-efficiency upgrades to nearly 1,000 multifamily buildings, yielding a reported savings of 7.4 million kilowatt hours (kWh), …

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BrokerageDevelopmentMultifamily

Rare 8.55-Acre Site in Boulder to be Redeveloped

Atlanta-based Pollack Shores Real Estate Group has purchased 8.55 acres at 4750 Broadway, a fully-entitled, shovel-ready development site in Boulder. The site – formerly Colorado National Guard headquarters – will be developed into a 201-unit market-rate apartment and townhome community called The Armory Boulder. The project will be completed in 2021 and will mark Pollack …

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Santa Fe Building
ConstructionMultifamilyRetail

Parkview Financial Provides $26 Million Construction Loan for a Multifamily/Retail Project in Denver, CO

Parkview Financial announced today it has provided a $26 million construction loan to Art District Holdings, a Denver-based apartment developer, for the development of an eight-story apartment and retail building located at 1225 Santa Fe Drive in the Arts District in Denver, CO. The 125,494-square-foot asset will include 126 apartment …

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1945 Peoria Street
BrokerageMultifamily

Pinnacle Announces the Sale of 68 Units in Aurora

Pinnacle Real Estate Advisors, LLC  announced the sale of 1945 Peoria Street in Aurora. The value-add 68 unit property, built in 1974, is located one block from the University of Colorado Medical Campus. The property sold on September 13th, for a contract price of $10,000,000; $147,059 per unit and $135 …

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MultifamilyRetail

Forum Real Estate Group Purchase Former Kmart Site

According to the Denver Business Journal, Glendale-based Forum Real Estate Group has purchased the former Kmart property at  the intersection of Monaco and East Evans Avenue, for $10.5 million. The property has sat vacant for seven long years. Forum has submitted a conceptual redevelopment plan to the city that outlines 375 units of …

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BrokerageMultifamily

Cheesman Park Apartments Sell for $30M

Park Cheesman Apartments, located at 1177 Race Street in Denver, are under new ownership after 42 years. The iconic building, located directly on Cheesman park, sold for $30 million and was close to 98 percent occupied at the time of sale. The property was purchased by an undisclosed multi-family office …

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ArchitectureDesignDevelopmentIndustrialMultifamilyOfficeRetail

Initial Plans Announced for Mixed-use Development at Broadway Station

Texas-based Endeavor Real Estate Group and Denver-based Legend Partners have unveiled the name and initial plans for a huge transit-oriented, mixed-use development at Denver’s Broadway Station that will pay homage to the recently-demolished Gates Rubber Factory. The development team has named the project “Gates District at Broadway Station,” The total master plan will offer 887 residential …

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DevelopmentMultifamily

Wash Park Apartments Sell for $14.55M

Denver-based RedPeak has purchased 10 Emerson apartment community, located at 10 North Emerson Street in Denver’s Washington Park neighborhood, for $14.55 million. Dan Woodward, David Potarf, Matthew Barnett and Jake Young with CBRE Capital Markets represented the seller in a sale that closed Sept. 11, 2019. “10 Emerson was extremely popular with investors due …

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