Recession coming in 2019, Arsenault predicts
More than two years ago, addressing 550 real estate experts attending a Colorado Real Estate Journal multifamily conference, Marcel Arsenault predicted the next recession in the United States would take place in 2019. Arsenault, chairman, CEO and founder of Real Capital Solutions, correctly predicted the Great Recession. Real Capital Solutions is one of the largest privately…
Kris Oppermann Stern
December 10, 2018
Lodging for outdoor enthusiasts comes to Colorado
A boutique lodging company that’s captured the attention of the outdoor recreation industry is coming to Colorado. “Colorado is known nationwide to be a primary outdoor recreation destination,” said Johannes Arlen, CEO and co-founder of Seattle-based Loge Camps. “It’s really a matter of serving our customers, knowing that they want to go there.” Loge Camps,…
Kris Oppermann Stern
December 8, 2018
Wonderland Creek Townhomes trades in $21 million deal
A townhome-style apartment community in Boulder sold to a California buyer for $21 million, or $512,195 per unit. Wonderland Creek Townhomes, located at 3701 Paseo del Prado, was developed and sold by WCT LLC, a partnership of Scott Woodward of Boulder and Brinkman Partners. Eng-Skell Co. was the buyer, according to Boulder County records. The…
Kris Oppermann Stern
December 7, 2018
Opportunity zones’ tax-free potential
Opportunity zones can spell opportunity for real estate investors and developers in Colorado and nationwide. Congress created opportunity zones last year to jump-start economic growth in low-income and other neglected areas. Interest in the program really started to perk up after the Treasury Department issued guidelines in October on the program, which offers tax incentives…
Kris Oppermann Stern
December 7, 2018
Kangaroo II jumps off the market at price of $4.95 million
Kangaroo II Self-Storage, a 73,325-square-foot storage facility in Loveland, recently sold for $4.95 million, according to Larimer County records. The property is located at 100 Valency Drive, off U.S. Highway 287 and 14th Street Southwest. Kangaroo II Self Storage LLC, a local, private entity, sold the property to CSGBSH Loveland CO I LLC, an East Coast…
Kris Oppermann Stern
December 7, 2018
Winter Park development taking off
Winter Park is at ground zero of a development blitz. Developments that are either about to take off or are on the drawing board are expected to put the ski resort that serves the Front Range on the map. What is happening at Winter Park reminds developer Walter “Buz” Koelbel of the growth around Union Station…
Kris Oppermann Stern
December 4, 2018
Haselden Construction completes Larimer County Loveland campus
Haselden Construction recently completed construction of the new Larimer County Loveland Campus. The 46,000-square foot administrative building accommodates Larimer County’s growing need for municipal services for Loveland and southern county residents.
Kris Oppermann Stern
December 3, 2018
International nonprofit buys final building in Concord Business Park
An international relief organization has a permanent home in the Denver area thanks to its $11.39 million purchase of the final building at Concord Business Center in Douglas County. Samaritan’s Purse, a nondenominational Christian organization, bought a 63,550-square-foot industrial building at 8648 S. Peoria St. that developer IBC Holdings just completed. The building finalized build-out…
Kris Oppermann Stern
December 2, 2018
Zocalo looks to turn 171,931-sf office building into multifamily
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Kris Oppermann Stern
November 30, 2018
DPC, Bridge Investment pay $143.65 million for Denver West Business Park
Denver-based DPC Cos. and partner Bridge Investment Group are investing millions of dollars to take the 1.3 million-square-foot Denver West Business Park to the next level. DPC and Bridge Investment, a privately held real estate investment management firm with more than $12 billion in assets under management, purchased the Lakewood office campus from HighBrook Investment Management.…
Kris Oppermann Stern
November 26, 2018





