Elevations Credit Union acquires iconic building for $16.5 million
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Kris Oppermann Stern
May 12, 2017
A Preservation Success Story: 17th Avenue and Pearl Street
In 2017, the 117-year-old building on the corner of 17th Avenue and Pearl Street, most recently home to the Tavern Uptown, will undergo extensive renovations. It will also welcome a new neighbor of significantly more girth, an eight-story multifamily development that will be home to more than 300 new apartments.
Building Dialogue
May 12, 2017
Co-working space coming to Sloans mixed-use development
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Kris Oppermann Stern
May 12, 2017
Power cooperative to re-energize former Abound Solar building
United Power will re-energize a vacant 130,117-square-foot building along Interstate 25 in Longmont. The power cooperative bought the former Abound Solar building at 9586 E. I-25 Frontage Road for $9.2 million, or $71.71 per sf. The building will serve as a fourth location for the Brighton-based co-op. Abound vacated the office/flex/manufacturing building when it declared…
Kris Oppermann Stern
May 12, 2017
Upscale Cherry Hill apartments fetch over $78 million
Arapahoe County Property Location: 3650 S. Broadway, Englewood, “Cherry Hills Apts.” Property Description: 306-unit, four-story apartment with 372,084 sf, YOC 2014 Land Size: 4.56 acres Sales Price: $78.3M, or $255,882 per unit, or $210.44 psf Reception No.: D7045941 Grantor: Cherry Hills Apartments LLC, James L. Street, VP Grantee: Bell Fund IV Cherry Hills LLC, John E.…
John Winslow
May 12, 2017
Fox Creek apartments sell for $53 million
Los Angeles-based TruAmerica Multifamily and the Magnolia Real Estate Fund paid $53 million for the 287-unit Fox Creek community in Thornton.
Jolene Wollett
May 11, 2017
Alexan CityCenter sells for $97M
The 438-unit Class A, garden-style community with 13,000 square feet of ground-floor retail was sold by 801/901 Englewood Parkway Investors, according to public records.
Jolene Wollett
May 11, 2017
Trust but verify proper expenditure of impact fees
Ever since jurisdictions began collecting development impact fees to fund public infrastructure, the development community has been concerned with these fees being fair and equitable, having a “rational
CREJ
May 11, 2017
How deep is the demand for high-end apartments?
One of the hallmarks of the current development boom has been the degree to which it has been focused almost exclusively on high-end apartments. Proponents say it represents a change in our
CREJ
May 11, 2017
Earth Treks leases space at former Sports Authority headquarters
Earth Treks will occupy the Sports Authority space Aug. 1 and begin improvements, including raising a portion of the existing roof to accommodate climbing walls. A grand opening is planned for 2018.
Jolene Wollett
May 11, 2017
