ConstructionDevelopmentMultifamilyRenovationWorkforce Housing

BMC Investments Recapitalize Denver Workforce Housing Property

BMC Investments (BMC), a Denver-based vertically-integrated real estate investment manager specializing in the multifamily sector, has partnered with FCP®, a Maryland-based real estate private equity fund manager for the recapitalization of Ivy Crossing — its largest multifamily asset. BMC will provide asset management and property management services to oversee an extensive $23 million renovation …

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ArchitectureDevelopmentWorkforce Housing

Workforce Housing Community to Replace Former Railroad Storage Lot

Denver-based real estate developer St. Charles Town Company has received $68 million in financing for the construction of Aspgren Park Apartments, a 216-unit workforce housing community to be located at 728 South Lipan Street in the Athmar Park neighborhood of Denver. The community will replace a former railroad storage lot and …

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Affordable HousingArchitectureConstructionDevelopmentMultifamilyWorkforce Housing

MGL Partners to Develop Attainable Housing Near Anshutz Medical Campus

MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer, is set to develop a new multifamily community with its equity partner Hartford Investment Management Company (HIMCO) on the southwest corner of E. 13th Ave. and Peoria St. in Aurora. Designed by Santulan Architecture, the new community will offer studio, 1-, …

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ConstructionDevelopmentWorkforce Housing

Winter Park Workforce Housing Development Moves Forward

A joint venture partnership between Consolidated Development Partners and MRE Capital recently secured $9.95 million in financing for the development of Fireside Apartments, a garden-style multi-housing community totaling 50 workforce housing units in Winter Park, Colorado. Due for completion in March 2023, Fireside Apartments will be located on the southeast corner …

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ArchitectureDevelopmentWorkforce Housing

Workforce Housing Coming to RiNo’s TAXI Campus

DENVER — Zeppelin Development is planning its latest addition to the TAXI Campus in Denver’s RiNo. After originally pursuing an affordable housing project by way of Low Income Housing Tax Credits and running into a variety of finance challenges, Zeppelin pivoted to a workforce housing model. TAXI, a 24-acre site located at …

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