BrokerageDevelopmentHospitalityMultifamilyOfficeRetail

Downtown Denver Partnership Releases 2016 State of Downtown Denver Report

Denver, CO – The Downtown Denver Partnership issued today the 2016 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment, strong …

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ArchitectureBrokerageConstructionDevelopmentMultifamily

Alternative Proposed to CO Construction-Defects Reform Bill

View here In response to the failed construction-defects reform bills, which fell apart last Thursday in the Colorado Legislature, Senate Bill 213 offers an alternative with a study group to help advance negotiations. The group would propose recommendations by March 2017 to the construction-defects litigation in an effort to increase the …

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DevelopmentHospitalityIndustrialMultifamilyOfficeRetail

Denver Building Boom Reaches $4.2 Billion

Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research

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BrokerageMultifamily

Capitol Hill Multi-Family Sells Record Per-Unit Price

View here ARA, a Newmark Company brokered a landmark deal in Colorado with the 10-unit apartment complex at 901 Washington in Capitol Hill that sold for a record per-unit price of $525,000. Photo credit Mediamax, Inc. 

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BrokerageMultifamily

HFF Facilitates $20.74M Financing 2 Multifamily Properties Colorado Springs

Colorado Springs, CO –  Holliday Fenoglio Fowler, L.P. (HFF) announced recently that it has arranged financing totaling $20.747 million for two adjacent Colorado Springs multi-housing communities: Summer Grove and Tanglewood. Working on behalf of the borrower, Vukota Capital Management (VCM), HFF placed two seven-year, fixed-rate Fannie Mae loans with M&T …

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DevelopmentMultifamily

ARA Newmark Sells 15-Acre Site for New South Denver Community

Castle Rock, CO — The multi-housing land team of ARA, A Newmark Company (ARA Newmark) announces the sale of a 15.22-acre site for a new community in the south Denver suburb of Castle Rock, Colorado. Construction on Ledges at the Promenade will begin in April 2016 and is expected to …

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Multifamily

Metro Denver Apartment Vacancies & Rents Increased YOY

View here The Apartment Association of Metro Denver released their latest report showing vacancies in the metro area increased to 6.1 % in the first quarter of 2016, up from 4.9 % in the first quarter of 2015. Rents have also increased yet again to an average of $1,315/month, up …

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BrokerageMultifamily

HFF Closes Sale and Secures Acquisition for Belle Creek Apartments

DENVER, CO –  Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and secured acquisition financing for Belle Creek Apartments, a 156-unit residential community with 6,256 square feet of ground-floor retail in Henderson, Colorado. HFF marketed the property on behalf of a real estate investment trust.  …

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BrokerageDevelopmentMultifamily

Chinese Modern Land Co. Forms AMG Capital to Invest High Growth Cities including Denver

Houston, TX – Modern Land (China) Co. Limited announced the formation of AMG Capital, LLC, a U.S.-based affiliate company formed by Chairman Lei Zhang and John Landrum, the CEO. AMG Capital is headquartered in Houston, Texas along with other Modern Land affiliates, American Modern Green Development and Crown Point Regional …

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BrokerageMultifamily

Student Housing Community Near CSU Marks 1st Acquisition for Core Spaces

Fort Collins, CO – Core Spaces, a Chicago-based real estate development and management firm, has acquired a three-year old, 665-bed community at Prospect and College avenues, one block from Colorado State University in Fort Collins. The purchase, which closed April 19, was the first for Core Spaces since the firm …

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