Southern Land promotes House

Southern Land Co. promoted Kevin House to vice president multifamily development West. House is based in the Denver office and will oversee the entire development cycle for multifamily and mixed-use projects in the Western region. He has responsibility for coordinating development from planning to delivery, working with design, architecture, engineering, marketing, construction and hospitality teams. […]

Jennifer Hayes

September 22, 2019

Grand Prix Motor Sports bldg. trades for $6.3 million

An investment group revved up to a Littleton retail building to the tune of $6.3 million. The buyer, 1475 Mountain View LLC, paid $181.60 per square foot for the freestanding Grand Prix Motor Sports building at 3105 W. County Line Road, near the intersection of County Line Road, South Santa Fe Drive and C-470. The…

Jennifer Hayes

September 22, 2019

Mountain Village sells for $24.8M

A sought-after Steamboat Springs apartment community sold for $24.8 million. Capital Real Estate-Mountain Village LLC and CREMountain Village TIC I LLC purchased Mountain Village, a 103-unit community at 1101 Mountain Village Circle. “It was probably one of the most competitive processes I’ve been a part of,” said Justin Hunt of Newmark Knight Frank Multifamily, noting…

Jennifer Hayes

September 22, 2019

Pittman joins McWhinney

Ray Pittman joined McWhinney as president and chief operating officer.

Jennifer Hayes

September 15, 2019

Partnership to acquire, finish The Offices at Victory Ridge

A partnership is set to bring a Colorado Springs office property across the finish line. Tulsa, Oklahoma-based Carpathia and Colorado Springs based Mission Hill Capital have gone under contract on The Offices at Victory Ridge. The unfinished office property, located at 10855 Hidden Pool Heights, at the intersection of Voyager and Interquest parkways in northern…

Jennifer Hayes

September 15, 2019

Lowry apartments sell for $45.75 million

California-based Greystar continues to grow locally with its purchase of the Griffis at Lowry apartment community. Greystar paid $45.75 million, or $305,000 per unit, for the 150-unit community at 9649 E. Fifth Ave. in Denver’s Lowry neighborhood. “Buyers were attracted to Griffis at Lowry due to the condo-quality units and infill location within the highly…

Jennifer Hayes

September 15, 2019

Uhlig joins Ball Barry Uhlig

David C. Uhlig joined Ball Barry Uhlig, formerly Ball & Barry Law, as a new partner of the firm.

Jennifer Hayes

September 9, 2019

Kaiser leases 25,000 sf of MOB space

Kaiser Permanente leased 25,000 square feet of space in Colorado Springs – one of the largest medical office leases in the city in years. The lease by Kaiser at Premier Health Plaza at 3920 N. Union Blvd. represents the first medical lease of this size in Colorado Springs in more than three years, noted Ted…

Jennifer Hayes

September 8, 2019

Littleton’s The Station trades for $20.73M to Pathfinder Partners

A San Diego-based firm that specializes in the investment of value-add properties and distressed real estate assets purchased a Littleton apartment community at a record price. Pathfinder Partners paid $20.73 million for The Station, a 97-unit apartment community at 2100 W. Berry Ave. Built in 1983, The Station comprises 17 studio, 44 one-bedroom and 36…

Jennifer Hayes

September 8, 2019

Savoy sells at second-highest price in 2019

An Aurora apartment property steps from the Dayton light-rail station sold in one of the highest-priced and largest multifamily sales to close in 2019. IMT Capital LLC purchased The Savoy at Dayton Station Apartments, sold by Starwood Property Trust, which paid $161.5 million for the property in 2016. The 612-unit community at 3645 S. Dallas…

Jennifer Hayes

August 31, 2019

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.