MorningStar Senior Living_Confluent Development_MorningStar Senior Living of Arvada

MorningStar Senior Living, Confluent Development Break Ground on Arvada Senior Living

Arvada, CO – Co-developers MorningStar Senior Living and Confluent Development have broken ground on a new senior living community in Arvada. With an anticipated completion in Fall 2017, and an information center onsite by January 2017, the project will open under the name MorningStar Senior Living of Arvada, delivering 141 suites …

HFF_Prairie Center Apartments_Brighton CO

HFF Arranges $39M Financing for Brighton Multifamily

Brighton, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged $39.45 million in construction and preferred equity financing for the development of Elements at Prairie Center, a 288-unit multi-housing community in Brighton, Colorado. HFF worked exclusively on behalf of the developer, a joint venture between Delaware-based The …

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 …