Daniel del Olmo joins Sage Hospitality Group
Daniel del Olmo joined Sage Hospitality Group as president of the company’s hotel management arm.
Jennifer Hayes
February 24, 2020
TA Associates adds Trifecta
TA Associates boosted its Denver area portfolio with its purchase of Trifecta Belmar, a 220-unit community at 7110 W. Virginia Ave. in Lakewood. The Boston-based buyer paid an undisclosed amount for the community, constructed in 2015, which was sold by CPF Trifecta LLC. There was a significant amount of interest in the apartment community due…
Jennifer Hayes
February 24, 2020
Pueblo retail sells at highest price in years
A California-based private real estate investment trust purchased a multitenant retail center in what is believed to be the highest priced retail sale to close in Pueblo in the past three years. CREIT, a trust affiliated with CIRE Equity, paid $11.65 million, according to public records, for the Eagleridge Shopping Center. The 116,305-square-foot center at…
Jennifer Hayes
February 24, 2020
CBRE promotes Bolt
CBRE promoted Jim Bolt to vice chairman, the highest title a sales professional can achieve at the firm.
Jennifer Hayes
February 16, 2020Woodmen Office Campus II trades for $6.62 million
A Missouri-based buyer purchased its first Colorado Springs office property with its acquisition of Woodmen Office Campus II. The American Way Group LLC of St. Charles, Missouri, paid $6.62 million for the 77,608-square-foot building at 7450 Campus Drive in Colorado Springs. “Woodmen Office Campus II offered investors the opportunity to acquire a property with exceptional…
Jennifer Hayes
February 16, 2020
Progressive joins Offices at Victory Ridge development
The first Class A speculative office development in more than a decade in Colorado Springs now has its first tenant. Progressive Casualty Insurance Co. signed an 18,089-square-foot lease at The Offices at Victory Ridge, a two-building, 145,053-sf office and retail development at 10855 Hidden Pool Heights. “The Offices at Victory Ridge is the first Class…
Jennifer Hayes
February 16, 2020
Anderson Mason Dale names Pfeifer president
David C. Pfeifer, AIA, was named president of Anderson Mason Dale Architects.
Jennifer Hayes
February 10, 2020
Luxe at Mile High apts. sell for $145 million
A 382-unit community located in the shadow of Empower Field at Mile High Stadium sold for $145 million, or $379,581 per unit. OZH Holdings 2 LLC, according to public records, purchased Luxe at Mile High at 3200 W. Colfax Ave. in Denver. “Luxe at Mile High was an interesting transaction because it sold before it…
Jennifer Hayes
February 10, 2020
Gelt pays $145.5M for Lakewood apts.
A Los Angeles-based real estate investment and asset management firm boosted its metro Denver apartment portfolio with its $145.5 million buy of the Kallisto at Bear Creek community. Gelt Inc. paid $308,263 per unit for the 472-unit community at 2605 S. Miller Drive in Lakewood. “Gelt has been attracted to the Denver market because the…
Jennifer Hayes
February 10, 2020
Military housing turned apartments sells for $26.1 million
An out-of-state investment group made its first Colorado acquisition with its record-pricing purchase in Colorado Springs. Clear Capital LLC of Los Angeles paid $26.1 million, or $207 per square foot, for The Palmer Park Apartments – a record price per sf for multifamily assets built in Colorado Springs prior to 1990. The 200-unit community at…
Jennifer Hayes
February 10, 2020
