There is no simple answer to sum up the state of the senior housing industry along the Front Range. “It’s a big market with 10 different product types,” Elisabeth Borden told me. Borden, principal of The Highland Group, a consulting group in Boulder that provides research, planning and marketing solutions for senior housing and care…

Jefferson County Property Location: 6804 Carr St., Arvada, “Proposed Hillside Cottages” Property Description: Land value, zoned for 12 paired homes (24 homes) Land Size: 5.053 acres Sales Price: $1.4M, or $6.36 per sf, or $58,333 per lot Reception No.: 2017025888 Grantor: H. Edward Moore Jr, et al. Grantee: Royal Oak LLC, Steve Wilke, mgr. Closing Date: 3/8 Financing:…

Growth in Denver's economy and most commercial real estate product types will continue through 2017, according to CBRE Research's 2017 Denver Market Outlook. In the office sector, more than 2.2 million square feet of speculative construction is expected to deliver in 2017, 1.9 million sf of it in suburban markets. With just 26 percent of new product preleased at…

Adams County Property Location: Southwest corner of W. 58th Ave. & Tennyson St., Arvada Property Description: Vacant industrial (I-2) zoned land Land Size: 4.85 acres Sales Price: $889,000, or $4.21 per sf Reception No.: 2017-17257 Grantor: Owens Family LP LLLP (William M. Owens & Mike Owens, general partners Grantee: API Investments LLC, Brian & Virginia Wilkie, mgrs.,…

The Denver area medical office building market, by almost every metric, is not only healthy, but also in tip-top shape. Last year, $105.2 million in medical office buildings, or MOBs, traded hands, a 20.9 percent jump from 2015, according to a CBRE analysis of the MOB market. Catholic Health Initiatives sold the Lansing Point building in the…

Jefferson County Property Location: 1600 Jackson St., Golden Property Description: *32,416-sf, three-story office building, YOC 1981 Land Size: 46,146 sf Sales Price: $4.9M, or $151.16 psf Reception No.: 2017028896 Grantor: Pres Jackson LLC, Ronald Katz, mgr., St. Helena, CA 94574 Grantee: The Colorado School of Mines Closing Date: 3/20 Financing: Cash Comments: See APN: 30-342-11-027 & 30-342-11-065. Property…

Mill Creek Residential, a privately held apartment developer, has been planting its flag in some of Denver’s trendiest neighborhoods. Together, the privately held, Dallas-based company has more than 1,300 units owned, under construction or on the drawing board in Denver neighborhoods My back-of-the-envelope estimate is that the total sales value of the communities would top…

Tri-West Cos., a boutique commercial real estate firm, plans to open the IDC Building this year at 590 Quivas St. in Denver. The center will feature an open floor plan and mountain views. IDC is designed to be Colorado's premier destination for design inspiration and resources. The showroom collective, laid out in a modern, open…

Teams from Milender White and the St. Charles Town Co. recently made the 67-mile trip to Silverthorne to make pitches on redeveloping the heart of the downtown of the Summit County community. Milender White and the St. Charles Town Co. were the two group that responded to a request for proposals to redevelop about 3.25 acres…

Millennials. Every city wants them. Denver is actually getting them. A fair share of the 10,000 or so people moving to the Mile High City every month are in the coveted demographic group. Many of these millennials are renters, good news for the Denver area multifamily market. “Millennials are the biggest generation ever” and also…