Prescient_Trammell Crow_Denver_Alexan Uptown
ConstructionDesignDevelopmentEngineeringMultifamily

Prescient Partners with Trammell Crow for Second Denver Multifamily Project

Denver, CO – Prescient announced its second Denver partnership with Trammell Crow Residential (TCR), this time for the Alexan 20th Street Station, a 12-story multi-family residential structure which will house 354 apartments in Denver. The structure is located at 20th Street Station on 1.14 acres at 2014 California St. in Denver. This …

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Denver Metro Chamber Commerce Affordable Housing
DevelopmentEventsMultifamily

Affordable Housing Central Theme Denver Metro Chamber of Commerce’s Annual State of the City

View here Denver Mayor Michael Hancock gave the keynote address at Denver Metro Chamber of Commerce’s Annual State of the City event, held Tuesday, August 9, 2016, that reiterated the city’s plan for affordable housing. Panelists included Amy Harmon, Founder and Managing Partner of Urban Market Partners, LLC and Community Coordinating …

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Denver Capitol_Construction Defect Laws
ArchitectureBrokerageConstructionDevelopmentEngineeringMultifamily

CO Construction Defect Law Featured in Wall Street Journal

View here Colorado’s construction defect laws make national news with an article in the Wall Street Journal, entitled Threat of Lawsuits Crimps Condo Developments. The article notes that condos have been the slowest segment of the U.S. housing market to make any kind of “comeback” and that the construction defect laws in …

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CBRE Affordable Housing_Denver CO
BrokerageMultifamily

CBRE Affordable Housing Arranges Sale & Financing of 140-Unit Property in Denver

Denver, CO – CBRE Affordable Housing has arranged the sale and financing of Diamond at Prospect, a 140-unit affordable multifamily property in Denver, Colorado, to Hamilton Zanze Real Estate Investments for $20.5 million. CBRE Affordable Housing represented Security Properties Inc. in the sale of the property, which contains 98 units …

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360 Degrees HFF Financing
BrokerageMultifamily

$45M Financing for 304-Unit Apartment Community Arranged by HFF

Centennial, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $45 million in permanent financing for 360º, a 304-unit, newly-built Class A apartment community in the southeast Denver suburb of Centennial, Colorado. HFF worked exclusively on behalf of an institutional investor to secure the seven-year, 2.98 percent …

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Palace Construction_Affordable Housing_Denver CO
ArchitectureConstructionDevelopmentMultifamily

Affordable Housing Proposal Vote Moved Back to September

View here Denver City Council will now have until September to consider the affordable housing proposal that is set to raise $150 million in the first ten years, funded by taxes and fees on new and existing real estate. Photo of Palace Construction’s Stapleton Affordable Housing Project: Northeast Denver Housing Center, Photography @theunfounddoor

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Pinnacle 42 unit multifamily_Denver CO_1330 W mississippi
BrokerageMultifamily

42-Unit Multifamily Sold $4.5M South Broadway

Denver, CO – Pinnacle Real Estate Advisors, LLC recently sold 1330 W Mississippi Avenue in Denver, Colorado. This 42-unit property sold on July 26th with a contract price of $4,534,000; $107,952 per unit and $177.16 per square foot. The property, built in 1971, is located less than a mile from Washington …

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Crowdfunding Commercial Real Estate_Denver CO
BrokerageDevelopmentMultifamily

Crowdfunding: Catalyst for Diversity of CRE Projects?

by: Julie Wanzer, LEED AP Providing alternative funding sources allows those transactions that may not be appetizing to traditional banks to become a reality and provide for diversity of projects in the commercial real estate industry. Denver, CO – Crowdfunding has long been synonymous with raising donations for fundraisers and …

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Alberta Development Partners_Orchard Station_Greenwood Village CO
DevelopmentHospitalityMultifamilyOfficeRetail

Update on Proposed TOD Orchard Station in Greenwood Village

View here Alberta Development Partners has reportedly removed its master development plan for Orchard Station, a planned transit-oriented development set to break ground in Greenwood Village. Rendering courtesy of Alberta Development Partners, LLC

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FirstBank_DeLo Apartments_OZ Architecture
ArchitectureBrokerageConstructionDesignMultifamilyRetail

FirstBank Finances $24.3M Construction Loan for DeLo Apartments

Louisville, CO – FirstBank is financing a $24.3 million loan for DeLo Apartments, LLC. The loan will help build a 115,000 sq. ft. luxury apartment complex, featuring 130 units in the newly redeveloped Downtown East Louisville neighborhood (referred to as “DeLo”). The apartment development, located on a 12.6 acre plot …

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