Alzheimer’s author headlines CREJ conference
Alzheimer’s care has improved by every measure in the three decades that Megan Carnarius has devoted to the memory care field. Everything from the color schemes in memory care facilities to the sensitivity of how family members treat someone with Alzheimer’s is different today, said Carnarius, author of the book, "A Deeper Perspective on Alzheimer’s and…
Kris Oppermann Stern
April 11, 2018
Palace Construction to build Red Oak Park II
Boulder Housing Partners, the Housing Authority for the city of Boulder, selected Palace Construction to construct its latest affordable housing development, Red Oak Park II. Coburn Architecture will work with Palace Construction to expand Boulder’s existing Red Oak Park community.
Kris Oppermann Stern
April 9, 2018
Zocalo plans 16-story tower by Sloan’s Lake
Zocalo Community Development plans to build a luxury 16-story condo tower near the increasingly trendy Sloan’s Lake Park. The energy-efficient and yet unnamed development, with a total of 515,400 square feet, would be built on a parking lot at the former Beth Israel Hospital. The development also would include an unusually large affordable workforce rental…
Kris Oppermann Stern
April 9, 2018
High-end mountain bike company rides into Golden
Commencal, a high-end mountain bike manufacturer that originated in Andorra, will move its U.S. headquarters from California to Golden. Cresa represented the company in leasing 8,550 square feet of space, including a 3,500-sf showroom, at 150 Capital Drive, Suites 160-180. “The active lifestyle Colorado is known for, paired with convenient trail access, makes Golden the…
Kris Oppermann Stern
April 8, 2018
Mortenson breaks ground on Fitzsimons bioscience building
Mortenson broke ground earlier this month on the newest bioscience project at the Fitzsimons Innovation Community. Officials from the Fitzsimons Redevelopment Authority joined dignitaries from the University of Colorado, the city of Aurora, the Aurora and Denver Metro Chambers, along with U.S. Sen. Cory Gardner and U.S. Rep. Mike Coffman celebrated the groundbreaking.
Kris Oppermann Stern
April 6, 2018
Denver real estate a relative bargain
Denver real estate is a bargain...at least if you are coming from San Francisco. Pilot John R. Tennyson late last year moved from San Francisco to Denver. Tennyson, a pilot with Southwest Airlines, brings a mile-high perspective to the Mile High city's real estate, which has never been more expensive. In Denver, Tennyson was able to buy…
Kris Oppermann Stern
April 4, 2018
Brookfield sells 51 percent interest in 1801 California for $285.6 million
Brookfield Properties sold 51 percent interest in downtown Denver’s second-biggest office tower for $285.6 million. PNC Realty Investors Inc., on behalf of the AFL-CIO Building Investment Trust, was the buyer. Brookfield retained 49 percent interest in the asset. The 1.3 million-square-foot building is valued at approximately $560 million. The acquisition price for the office space…
Kris Oppermann Stern
April 3, 2018
Clarion buys Pauls industrial portfolio
Pauls Corp. sold more than $200 million worth of Class A industrial space in Gateway Park in the biggest industrial investment deal ever in the Denver market. The Gateway Park properties, which public records show sold for $206.06 million – or $106.77 per square foot – comprise 1.93 million sf in 14 buildings in Aurora.…
Kris Oppermann Stern
April 2, 2018
Honesty only policy for Campus Lounge owner
Honesty. I was impressed by an article in the Denver Post last month about the closing of the Campus Lounge near the University of Denver, after the new owners had operated it for less than six months. Closing the iconic restaurant/bar, of course, didn’t impress me. It’s always sad when a business closes, especially a…
Kris Oppermann Stern
April 2, 2018
Buyer pays top dollar for Flatirons Terrace
An independent living facility in Boulder sold for one of the highest prices per unit, if not the highest, to be achieved in Colorado. Harrison Street Real Estate Capital paid $20 million, or $370,370 per unit, for Flatirons Terrace at 930 28th St. The 95 percent-occupied, 54-unit property offers luxury living with “elegant” dining spaces,…
Kris Oppermann Stern
April 1, 2018





