Natural Object Closes on First Acquisition
Natural Object, the Denver-based development firm spearheaded by former Zeppelin Development leadership, has acquired the building at 2839 W. 44th Avenue, a mixed-use property in the Sunnyside neighborhood of Denver. The two-story building was constructed in 1952 and will be renovated and repositioned to include independent retail on the ground floor and creative …
Denver City Council Approves Hotel-to-Housing Project
On Monday, Jan. 16, Denver City Council approved a $9 million purchase and sale agreement for the acquisition of the Stay Inn, a four-story hotel, and two adjacent parcels, located at 12033 E. 38th Ave., 3835 Peoria St., and 3805 Peoria St. The hotel structure includes 96 bedrooms, 95 of which …
Creating Affordable Housing for Denver Families in Creative Ways
By Keo Frazier Soaring windows and high ceilings. Halls lined with vintage lockers. EV chargers free for residents’ use. An orchard and grape arbor with fruit free for the picking. These are just some of the amenities at Pancratia Hall Lofts, a new family-friendly affordable housing complex in the nearly …
Amplify Development Company Grows Presence in Colorado with Student Housing Acquisition
Amplify Development Company, a national real estate development and investment management company with ties to Colorado, has expanded its student housing-focused portfolio in the state, acquiring the Vista Apartments across from the University of Denver for $41.3 million. The acquisition is the firm’s third in Colorado and second near the …
Archway Communities, Inc. to Convert Campus Dorms in Denver into 154 Affordable Apartment Homes
On December 29, Archway Communities, Inc., a leader in providing quality affordable housing for Coloradans, closed on financing for four dormitory buildings on the former Johnson & Wales Campus located at 7150 Montview Blvd in Denver’s Park Hill neighborhood. Archway purchased the dormitories from Urban Land Conservancy (ULC), which acquired the campus …
Laws Whiskey House to Expand its Tasting Room
Laws Whiskey House, a Denver-based whiskey distillery, has partnered with BOSS.architecture and FLUX Partner Group on the expansion of its tasting room located in the South Broadway neighborhood at 1420 South Acoma Street. The project will add approximately 3000 square feet, according to Westword. Read the full story here.
Denver International Airport Celebrates 2022 Milestones
The year flew by, and Denver International Airport (DEN) is ready for takeoff in 2023. DEN is looking back on a year marked by accomplishments, milestones and opportunities. Among the most notable (in no particular order): Full Recovery of DEN’s Air Service Network DEN’s air service network recovered to near …
Garden-Style Apartment Community in Colorado Springs Provides Impressive ROI
Following the purchase and renovation of a 288-unit, garden-style apartment community in Colorado Springs, Texas-based Lynd Acquisitions Group (LAG) has sold the property for $67.5 million, surpassing investment goals three years sooner than anticipated. Lynd bought the Village at Lionstone in December 2020, at the height of the pandemic, for …
BMC Reactivates The Garden @ St Paul
What once was a retail destination filled with shops and a fun nightclub, became a bit of a ghost town as the space above went under development. The St Paul Collection is now a beautiful addition to Cherry Creek’s landscape, adding residential units which have increased the consumer base in …
ARLO Residential to Convert Aurora Hotel into Affordable Housing
Chicago-based hotel investment and management company, Arbor Lodging, recently announced the launch of its latest vertical, ARLO Residential, that is focused on converting properties ranging from hotels and office buildings into affordable living options. To officially kick off this new venture, the company has entered the Denver market. In a joint venture …