ArchitectureConstructionDesignDevelopmentMultifamily

Colorado Luxury Apartment Project Selects Alabama-Based Builder

View here Birmingham, Alabama-based Doster Construction Co. will build a new luxury 240-unit, 327,950-square-foot multifamily project in Longmont, CO. “Springs at Sandstone Ranch,” designed by architects Rosemann & Associates, will be the fifth project Doster has worked on for Wisconsin-based developer, Continental Properties. Image courtesy of Doster Construction Co.  

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Amberley Heights
BrokerageMultifamilyTransit

Suburban Denver Property Achieves Highest-Ever Price Per-Unit

DENVER — Amberley Heights, a two-building, 96-unit, condo-quality asset located in the upscale commercial and residential community of Inverness in Englewood, CO has sold for $38.6 million. The property, with larger than average units, sold for more than $402,000 per unit and $267 per square foot, making it the highest-ever sale price per unit at …

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Iron Works Facility
ConstructionDevelopmentMultifamily

Housing Community to be Built Where Englewood’s Former Ironworks Facility Once Operated

View here General Ironworks manufacturing facility — located between Broadway and South Santa Fe Drive south of Yale Avenue — was closed for business in 1986 and since then the land formerly occupied by the industrial property has been poised for development. Pre-sale operations began this month for a project …

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Olde Towne Plaza, Arvada
BrokerageMultifamilyOfficeRetailTransit

Mixed-Use Transit Oriented Building For Sale in Old Town Arvada

Arvada, CO — Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Olde Town Plaza, a 19,673-square-foot, mixed-use retail and residential building, and the adjacent 5790 Yukon Street, a 0.42-acre redevelopment site located in Arvada, Colorado. This value-add, transit-oriented opportunity is located at the entrance to historic Olde Town …

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Kent Place
BrokerageMultifamily

Denver-Area Ultra-Luxury Apartments Sell for $127M

DENVER – Holliday Fenoglio Fowler, L.P. (HFF) has closed the $127.4 million sale of Kent Place Residences, a 300-unit, ultra-luxury, Class A apartment community located in the Cherry Hills Village area of Englewood, Colorado. The sale is the first large institutional transaction to occur in metro Denver in the third quarter of 2017. …

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Colorado-Station
ArchitectureDevelopmentMultifamilyTransit

New Luxury Apartment Complex Planned Near RTD’s Colorado Station

View here Los Angeles-based real estate investment firm CityView and Houston-based Dinerstein Cos. will develop a 350-unit apartment complex at the southeast corner of Colorado Boulevard and Evans Avenue, close to RTD’s Colorado Station. Groundbreaking on the project is expected to occur next month and completion is anticipated for the second …

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Multifamily

Metro Denver’s Rental Rates Continue to Rise

View here According to a report released today by the Apartment Association of Metro Denver, average monthly rents in metro Denver rose to $1,419 in the second quarter of 2017. That’s an increase of 3.5 percent over the second quarter of 2016, when the average rent was $1,370 per month.  

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Snowmass Plaza Rendering
ArchitectureBrokerageConstructionDevelopmentHospitalityMultifamilyRetail

Snowmass Base Village Project Begins Next Phase

Snowmass Village, CO — Construction has begun on the next phase of Snowmass Base Village, a collaboration between three major players in the mountain resort business — East West Partners (EWP), Aspen Skiing Company (ASC) and KSL Capital Partners. This premier mountain resort development, located at the base of Snowmass Ski Area, …

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ConstructionHospitalityIndustrialMultifamilyOfficeRetailTransit

DBJ’s CRE Forum: Trends and Insights from Three Industry Experts.

View here The Denver Business Journal held a Commercial Real Estate forum on June 19. Panelists included Pete Schippits, senior managing director and market leader for CBRE in Colorado, Allison Recker, senior vice president of commercial real estate finance at UMB Bank in Denver, and Jay Philp, a partner in the real estate …

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Depot Square
BrokerageMultifamilyTransit

Affordable Apartment Community Trades in Heavily Amenitized Boulder

Boulder, CO — ARA, A Newmark Company (ARA Newmark) announces the $13.6 million sale of Depot Square, a new Class-A+, 71-unit, transit- and employment-centric, LEED Gold-certified community in Boulder, CO adjacent to the new Google campus. The Boulder submarket, the strongest in Colorado and one of the best in the nation, has the …

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