Absorption. The late George Wallace, founder of the Denver Tech Center, told me in the 1980s that the absorption rate was the single most important metric for measuring the health of a real estate market. That was an era when Denver’s economy was being hammered by a drop in oil prices and changes in tax…

Floor plans may not have the appeal of flashy apartment amenities such as top-of-the-line fitness centers, dog washing stations, bike maintenance shops and business centers. But to retired architect Mervin F. Weinstein, a good floor plan can pay huge dividends for the owner of apartment and condo buildings. In one case, Weinstein estimates the owner…

The new owner of a boutique hotel in Cherry Creek is checking into a renovation aimed at enhancing the area’s cultural and retail fabric. The Inn at Cherry Creek was acquired through a ground lease by 233 Clayton Partners, a collaboration of BCM Investments, Aparium Hotel Group and CHMWarnick. The 37-room hotel at 233 Clayton…

A Monarch Park office building that a tenant outgrew sold to a local investor who is offering it for lease. Monarch Offices LLC recently paid $4.3 million, or $109.37 per square foot, for the 39,317-sf building at 6309 Monarch Park Place in Niwot. MUM II LLC sold the building, which Wilen Direct is vacating, in…

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Two retail trends are shaping how the city of Brighton and Adams County prepare for future development and community growth while honoring the agriculture backbone that has defined much of the area’s culture

Overlook at Mile High is overlooked no more. For one thing, the 476-unit Overlook at Mile High is the largest apartment community in the area west of downtown Denver, near the confluence of West Colfax Avenue and Federal Boulevard. While over the last half century you could have driven by the development of West Colfax…

Emerging Trends ranked Denver No. 23 out of 78 cities, its worst showing in a decade in the high-profile and comprehensive analysis of markets throughout the U.S. and Canada. The last time Denver fared worse was when Emerging Trends ranked Denver in 28th place for 2007. Denver was ranked No. 11 for 2017. Seattle was…

A lot has changed in Denver commercial real estate over the past two decades, but something that hasn’t is the relatively small number of brokers who are blacks, Latinos or other racial minorities. Eric Nesbitt “We’re very underrepresented,” said Eric Nesbitt of The Nesbitt Commercial Group: Keller Williams Realty DTC, a broker and real estate…