OfficeTransactions

The Forum at Cherry Creek Sells for $13.6M

DENVER – The Forum at Cherry Creek, a 10-story, 83,268-square-foot, multi-tenant office building located at 425 S. Cherry Street in Glendale, has sold for $13.6 million or approximately $165 per square foot to a private company. Aaron D. Johnson and Jon D. Hendrickson, managing directors, of Cushman & Wakefield Denver’s …

READ MORE →
Transactions

Transactions Report Week Ending 01.25.19

13-Building Office Portfolio in Colorado Springs Sells for $102.5M Crescent Real Estate LLC has purchased a 13-building office portfolio in Colorado Springs for $102.5 million. Holliday Fenoglio Fowler, L.P. (HFF) worked on behalf of Crescent Real Estate LLC, to secure the five-year, floating-rate acquisition loan through Bank of America Merrill …

READ MORE →
Transactions

Transactions Report Week Ending 01.18.19

Unico Properties Completes 11-asset, 27-building Portfolio Sale in Seattle and Denver Real estate investment and operating firm Unico Investment Group LLC, announced that it has sold a 27-building portfolio of repositioned historic and newly constructed office assets totaling 1.8 million square feet to Broad Street Principal Investments LLC, an affiliate …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 01.11.19

SouthGlenn Place Apartments Acquired for $14.7M Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $14.796 million Freddie Mac loan for the acquisition of SouthGlenn Place, a multifamily property located in Littleton. The financing was originated by Ana Ramos of Greystone’s Los Angeles office, while …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 12.21.18

HFF Announces $30.777M in Financing for Two Denver-area Multi-housing Communities Holliday Fenoglio Fowler, L.P. (HFF) announces $30.777 million in financing in two separate transactions for two Denver multi-housing communities; Estrella Apartments and The Avalon. The HFF team worked on behalf of the borrower, Mountain View Capital, LLC, to secure the …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 12.14.18

HFF announces $21.4M financing for Boutique Senior Living Community in Broomfield Holliday Fenoglio Fowler, L.P. (HFF) announced $21.4 million in financing for The Avenues Crofton Park, a 90-unit, 55+ age-restricted independent living community in Broomfield. The HFF team worked exclusively on behalf of The Avenues Crofton Park, LLC to secure …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 12.07.18

Expansive, 512-Unit Value-Add Property in Lakewood Sells for $143.5M Newmark Knight Frank Multifamily announced the sale of Ashford Belmar, a 512-unit, value-add asset in the retail destination of Belmar in Lakewood. The property sold for $143.5 million, marking the largest multifamily transaction in the Denver area so far this year. Vice Chairmen Shane …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 11.30.18

Pinnacle Announces Sale of an Opportunity Zone Assemblage in Lakewood Eric Veith, Joe Hornstein and Scott Fetter of the Hornstein Fetter Apartment Group at Pinnacle Real Estate Advisors, LLC announced the sale of 1411 and 1429 Pierce Street located in Lakewood. This multifamily property has 9-units and was built in …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 11.16.18

Shady Brook Apartments Sold For $5.1M  Josh Newell, principal and Kevin Calame, principal at Pinnacle Real Estate Advisors, LLC, announced the sale of 3655 S Pennsylvania Street in Englewood. The 38-unit building sold on November 7 with a contract price of $5.1 million ($134,211 per unit and $257.90 per square foot). …

READ MORE →
transactions
Transactions

Transactions Report Week Ending 11.09.18

CBRE Completes $44.2M Sale of Stonebridge at Twin Peaks Multifamily Community in Boulder CBRE announced today it has completed the $44.2 million sale of the multifamily community Stonebridge at Twin Peaks, located at 2424 9th Street in Longmont, which closed Nov. 7, 2018. CBRE’s Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented …

READ MORE →