Home Manager, an app that replaces a three-ring binder with all of the information about your new home or condo, at first blush might seem like an unusual career segue for developer David Elowe. After all, Elowe, as principal of Denver-based Urban West Group, developed the 11-story, 213-unit One Observatory Park apartment tower near the…

One of the largest multitenant net-zero-energy developments in the country will begin to grow early next year as Morgan Creek Ventures starts the second and final phase of Boulder Commons. In addition to more office and retail space, the next phase will include a 45,000-square-foot net-zero apartment building with 38 units. “We’ve been wanting to…

The growing community of Firestone appears to be attracting investor interest, with separate buyers acquiring two retail properties in unrelated deals. Firestone Safeway Marketplace, a shadow-anchored center at 8110-8196 Colorado Blvd., traded for $5 million, or $221.21 per square foot. Another buyer paid $1.78 million – or $819.85 per sf – for a net-leased retail…

Representing a major milestone in construction, Adolfson & Peterson Construction topped out Aurora’s new recreation center, designed by Populous.

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Xenia Hotels & Resorts Inc. has acquired The Ritz-Carlton in downtown Denver for $100.25 million, or approximately $496,000 per key. "We are excited to have added a premier luxury hotel in one of our long-term core markets to our portfolio," said Marcel Verbaas, chairman and chief executive officer of Xenia. "As one of the few…

A group managed by Maryland-based Real Hospitality Group has acquired the Aloft Broomfield Denver hotel for $19.32 million, or $101,684 per key. The acquisition by AHP Real 3 Denver SPV LLC represents Real Hospitality’s first asset in Colorado, according to Chief Investment Officer Joseph Yi. “We like the market, we like the asset, we like…

Colorado Real Estate Journal is hosting an industrial conference as the Denver-area is on the cusp of entering a three-year bull market. The Colorado Real Estate Journal 2018 Industrial Summit & Expo will be held from noon until 4:45 p.m. on Sept. 5 at the Hyatt Regency Aurora-Denver Conference Center. The half-day conference will be…

Turner Construction Co. was awarded the contract to renovate the Stage and Ricketson theaters for the Denver Center for the Performing Arts. 

A Boulder investor purchased a highly visible former bank building in Longmont for $2.3 million, or $127.95 per square foot. The former First National Bank/Sunflower Bank building at 1726 Hover St. was vacant at the time of the sale. The two-story, 17,976-sf building became available following the merger a year ago of First National with…