Bindery joins RiNo transformation
Sonia Danielsen’s roots in River North have grown in a new direction, and countless folks will be thankful for that. Danielsen has reinvented the Blake Street print shop she purchased from her father as a many-sided project called Bindery on Blake. People can watch beer and hard cider being produced while taste testing beverages with…
Kris Oppermann Stern
January 8, 2016Simpson buys in Golden Triangle
Denver based Simpson Housing, best known as an apartment community developer, and not a buyer of existing multifamily projects, recently made an acquisition in Denver. And it was a big one. Simpson Housing recently paid $85.65 million for the 290-unit Boulevard apartment building in the Golden Triangle in Denver, which it has renamed as the…
Kris Oppermann Stern
January 8, 2016Westminster Station is NAIOP challenge site
Land Title Guarantee Co. and NAIOP Colorado, the Commercial Real Estate Development Association, will host the 14thannual Rocky Mountain Real Estate Challenge, culminating with the largest real estate event in Colorado Thursday, April 28. The challenge is a premier real estate event featuring students from the University of Colorado and the University of Denver, as…
Kris Oppermann Stern
January 6, 2016HFF refinances Freight properties
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Kris Oppermann Stern
January 2, 2016Real Capital Solutions sells 325 Interlocken
A family partnership paid $2.8 million for a building that RealCapital Solutions bought in a portfolio deal two years ago. LD Holdings LLC bought 325 Interlocken B, a 23,011-square-foot flex building. National Entertainment Network, the largest entertainment vending machine company in the U.S., occupies the property with several years remaining on its lease. The building…
Kris Oppermann Stern
January 2, 2016Stoltz pays $44 million for 18th Street Atrium
Stoltz Real Estate Partners tracked down another historic building in Lower Downtown to add to its growing portfolio of Denver office assets. The 18th Street Atrium, which Stoltz bought in a $44 million, off-market deal, is the largest of four historic brick-and-timber buildings the company has acquired in LoDo. The 117,469-square-foot building is located at…
Kris Oppermann Stern
January 2, 2016German fund buys downtown office building
A downtown office building with a large concentration of oil and gas tenants sold to a Dallas investment adviser for $26 million. Phoenix Property Co. bought 475 Seventeenth Street on behalf of LIC US Growth Fund, a German institutional fund. It was the fund’s first investment. “Our interest in 475 Seventeenth Street was its core…
Kris Oppermann Stern
January 2, 2016Adding value through property management
Hunter Marr General manager of Unico Properties’ Denver portfolio Property management is not the most glamorous side of the commercial real estate industry. We are the boots on the ground, dealing with an infinite variety of issues that sometimes makes you laugh. If I had to relate property management in military terms, we are the…
Kris Oppermann Stern
January 1, 2016Terrix closes a flurry of diverse deals
It was about as close to $100 million as possible. Denver-based Terrix Financial closed about $99.7 million in loans in the third and fourth quarters of 2015. As to be expected, apartment deals represented the biggest single asset class, accounting for about a third of about three dozen individual deals. Retail was No. 2, with…
Kris Oppermann Stern
December 31, 2015