Partnership receives refi loan for predevelopment of River Mile project

A $124.6 million refinance loan was arranged for the eventual redevelopment of the Elitch Gardens theme and water park in downtown Denver. JLL Capital Markets worked on behalf of the borrower, a partnership of Kroenke Sports and Entertainment and Revesco Properties, to place the five-year, floating-rate loan with Pacific Western Bank. Loan proceeds will be…

Jennifer Hayes

March 30, 2020

Crossbeam Capital pays $21.5 million for Aviator

Crossbeam Capital doubled its Colorado Springs multifamily holdings with its purchase of the Aviator apartment community. The firm purchased the 147-unit community at 1670 N. Murray Blvd. from Vukota Capital Management. It paid $21.5 million, or $146,258 per unit, for the community built in 1971. The workforce housing community had been updated within the last…

Jennifer Hayes

March 30, 2020

Adams County ED names Martinez president, CEO

Bo Martinez was named the new president/CEO of Adams County Economic Development. Most recently, Martinez served as director of economic development for the city of Miami Beach, Florida, where he repositioned the department to be a stronger resource in the city and region. Previously, he worked in progressive economic development leadership positions in the city and […]

Jennifer Hayes

March 30, 2020

Topor joins SSF new development sales division

Slifer Smith & Frampton Real Estate created a new development sales division, headed by Shawna Topor. Topor, recently promoted to executive vice president, has been an SSF employee since 1998. Most recently, she was vice president and has 24 years of experience in sales and marketing of new developments. The new division will bring together […]

Jennifer Hayes

March 22, 2020

One River Run project set to start

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Jennifer Hayes

March 22, 2020

Spire retail sells for $5.25 million

The fully leased retail space at the base of a downtown Denver condominium tower sold for $5.25 million. The buyer, a private capital exchange buyer from California, purchased the 9,890-square-foot retail property at Spire at 891 14th St. The space was sought after by investors as not only is there a lack of product –…

Jennifer Hayes

March 22, 2020

KTGY names Sciarra principal, shareholder; Pitts director

KTGY Architecture + Planning announced that Nathan Sciarra, AIA, NCARB, was named a principal and shareholder of the firm while Leah Pitts, LEED AP, was named a director.

Jennifer Hayes

March 16, 2020

JLL arranges $81.1M loan

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Jennifer Hayes

March 16, 2020

Watermark on Union trades at record price

A Santa Barbara, California based buyer is making its mark on Colorado Springs with not only its second apartment acquisition in the market but also its second of a prestabilized asset in the city. NALS Apartment Homes, a fully integrated real estate investment firm, purchased the Watermark on Union apartment community, renamed Aliso Briargate, for…

Jennifer Hayes

March 16, 2020

Williams joins Stantec as senior vice president

Chris Williams joined Stantec as senior vice president leading the firm’s federal program.

Jennifer Hayes

March 9, 2020

Jennifer Hayes has been an editor with the CREJ since 2000. Jennifer covers multifamily and retail news in the Denver metro area plus all property types in Colorado Springs and Southern Colorado. She also covers the finance market as well as solicits bylines articles and is editor of the Health Care Properties Quarterly. Before joining the Colorado Real Estate Journal, Jennifer served as the assistant sports information director at Texas A&M-Commerce. She earned her bachelor's degree in broadcast journalism from the University of Colorado and a master's degree in education from A&M-Commerce. Jennifer enjoys spending time with her husband and son, learning the ways of being a hockey mom, sports, reading and baking.