Pinnacle Real Estate Advisors_ADAM LARKEY PHOTOGRAPHY

17-Unit Multifamily Sells $3.1M in Baker Neighborhood

Denver, CO – Pinnacle Real Estate Advisors, LLC sold the multifamily at 310 West Archer Place in Denver, Colorado. This 17-unit multifamily property was built in 1965 and significantly renovated in 2012. The building, located in Denver’s Baker neighborhood, sold on February 16th for $3,158,000; $185,765 per unit and $353.60 per …

Construction Site

Bipartisan Bill Could Move the Needle Towards Reformation of Construction-Defects

View here State Senator Angela Williams (D) has been in bipartisan negotiations regarding a new proposal on construction-defects reform. The new bill removes the forced alternative dispute resolution and adds a majority-consent provision to require a majority of all homeowners vote to file a suit. Stock photo, Pixabay

Colorado State Capitol_Denver CO

Local Construction Organizations Weigh-In on Latest Version Construction-Defects Reform

View here Local construction organizations such as the Associated General Contractors of Colorado and the Colorado Association of Home Builders gathered at the State Capitol to contend the latest version of Senate Bill 45, the latest version of the construction-defects reform, meant to encourage more building of condominiums. Michael Gifford, …

1769 Coronado Pkwy N Thornton-large-039-26-DSC47004829-1500x925-72dpi

BMC Investments & Oak Coast Properties Purchase Timber Lodge Multifamily $40.5M

View here BMC Investments and Oak Coast Properties joined together to purchase Timber Lodge Apartments, a 390-unit multifamily located in Thornton, for $40.5 million. Shane Ozment, Terrance Hunt, Jeff Hawks and Doug Andrews from ARA Newmark handled the deal, along with representatives from HFF. Pictures courtesy of ARA Newmark

Raul Garcia_Coda Exterior_2581

RNL Completes Coda Cherry Creek

Denver, CO – RNL has completed design work on Coda, an up-scale commercial mixed-use multi-family development, located at First Avenue and Steele Street in the Cherry Creek neighborhood. Coda’s sustainable, luxury apartments are now available for lease. “With Coda, we were able to showcase our approach to integrated sustainable design and the best of …

ARA a Newmark Company_One City Block_Denver CO

ARA Newmark Trades Eco-Elegant, Mixed-Use District Spanning Full City Block in Downtown Denver

Denver, CO — ARA, A Newmark Company (ARA Newmark) recently sold One City Block, an eco-friendly, mixed-use development in the Uptown neighborhood in downtown Denver comprising four LEED-certified luxury apartment buildings – each uniquely designed and named after area parks – retail storefronts, sidewalk cafés and underground parking. Vice Chairmen …

Alliance Construction_St Francis Apartments_Denver CO

50-Unit Multifamily for Chronically Homeless Sees Progress in Capitol Hill

Denver, CO – Alliance Construction Solutions (ACS) is well underway in developing the new Saint Francis Apartments at Cathedral Square, a permanent housing community residing in the Capitol Hill neighborhood of Denver. The project, which entered its first phase at the beginning of October 2016, has seen a variety of …

National GDP Rates

Real Estate & Construction Industries are 2 Largest Contributors to CO GDP Growth

View here The U.S. Bureau of Economic Analysis released the Q3 2016 Gross Domestic Product (GDP) rates, indicating Colorado ranked 4th overall in Percent Change in Real Gross Domestic Product for Q3 2016. Real estate and rental leasing, and construction were indicated as the two biggest contributors to Colorado’s GDP growth. …


Denver featured in ‘How Transit-Oriented Developments are Transforming US Cities’

View here Terry Willis, architect and principal at KTGY in Denver, provides insights on Denver’s evolution of transit-oriented developments. He comments on affordable housing in TOD’s and the role of Denver’s city planners in the design of RTD’s train stops. Main Image: Iliff Station in Aurora – a TOD located …

Pinnacle Real Estate Advisors_Capitol Hill Multifamily_Denver CO

Multifamily in Capitol Hill Neighborhood Sold

Denver, CO – Pinnacle Real Estate Advisors, LLC arranged the sale of 1260 Pennsylvania Street. This 25 unit multifamily property is located in the Capitol Hill Neighborhood in Downtown Denver. The building was built in 1924. The property sold on January 27, 2017 for $3,600,000 or $144,000 per unit. Kevin Calame, along with …