$28M Mixed-Use Development by Confluence Companies Breaks Ground in Castle Rock

Colorado-based Confluence Companies — developer of the Riverwalk and Encore mixed-use developments in Castle Rock — has officially broken ground on Riverwalk Luxe, a $28 million-dollar mixed-use development in Castle Rock. “It’s very exciting to begin construction on our newest development in downtown Castle Rock.,” says Tony DeSimone, principal with Confluence Companies. …


18-Story Apartment Community Planned for the Golden Triangle

A new luxury high rise apartment community is planned for the Golden Triangle. Located at 808 N. Lincoln, the new 18-story community will offer 330 residences with luxury amenities as well as 5,000 square feet of ground floor commercial space. The developer, Trailbreak Partners, has engaged Hord Coplan Macht (HCM) as the …


Downtown Denver in Top 10 for Residential Revival

The renaissance of the American downtown as a place to live has come in response to people’s changing attitudes and lifestyle preferences. Even as working from home enabled families to move to more affordable suburbs or to less expensive parts of the country, many people are heading back to city …


Newly Renovated Apartment Community in Arvada Sells for $4.95M

Knightbridge Capital, a Denver-based real estate investment firm, announced today the disposition of Newland Way Apartments,  Arvada, a 23-unit property, built in 1972. Located at 5502 Newland Way, the property sold for $4,950,000; $215,517 per unit and $291.73 per square foot. The name of the buyer was not disclosed. Acquired 14 …


Integra Realty Resources Releases Mid-Year CRE Reports

Denver-based Integra Realty Resources, one of North America’s largest independent commercial real estate valuation and consulting firms, recently released its highly anticipated mid-year, local market commercial real estate reports — a supplemental update to its flagship Viewpoint 2021 annual report released in January. In total, 240 detailed reports covering 60 …


Greeley Apartment Community Refinanced

JLL Capital Markets has arranged the refinancing of Gateway Place Phase II Apartments, a 144-unit, three-story, garden-style multi-housing community in Greeley. JLL worked on behalf of the borrower, Morgan Energy to secure the $21.258 million, 10-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, …


Sale of Multifamily Property Sets New Record in Colorado Springs

California-based Hamilton Zanze has purchased Springs at Foothills Farm, a 264-unit garden-style multifamily community located in Colorado Springs for a record-setting $110.9 million. The sale of Springs at Foothills Farm represents the largest transaction in the history of Colorado Springs. Senior Directors Nick Steele and John Laratta and Directors Nate …


13-Story Residential Tower Breaks Ground in Denver Tech Center

Legacy Partners, a privately held national real estate firm, and Pacific Life have broken ground on Aracelli, a 236-residence, Class A, NGBS Green-Certified Gold high-rise in Denver. KTGY is the architect of record for Araceli. The development team also includes Catamount Constructors, Prescient (light gauge steel structure Designer/Fabricator), Jordan & Skala …


Transit-Oriented Multifamily Community Breaks Ground in Sunnyside 

Brinkmann Constructors, together with developer Kalamath Joint Venture, LLC, and OZ Architecture, has broken ground on a new for-rent housing community at 4228 Kalamath St. that will bring much-needed rental housing to Denver’s Sunnyside neighborhood. At 117 units, The Ayden will offer a mix of one-, two- and three-bedroom floorplans in the …

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Denver Affordable Housing Property Sells for $29.5M

According to Berkadia, Residences at University Hills, a 62+ adult apartment community, consisting of 101-unit affordable and market-rate units in the University Hills neighborhood, has sold for $29.5 million to Denver-based Anchor Investments. Senior Directors Nick Steele and John Laratta, Directors Tyler King and Nate Moyer of Berkadia Denver, and Senior Managing …