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Fostering a healthy animal-people dynamic

Jami MohlenkampPrincipal and senior living practice leader, OZ Architecture The newest accommodations at the Senior Star at Weber Place retirement community near Chicago were built for a couple named Snowflake and Licorice, and come with excellent open-air views of the outdoors, hand-fed meals and plenty of opportunities to socialize. Snowflake and Licorice have made fast…

CREJ

January 19, 2020

One330 Apartments fetch $37.1M in off-market deal

A newly built multifamily community in Colorado Springs sold to an Atlanta-based buyer for $37.1 million, or $249,000 per unit. Cortland Partners purchased One330 Apartments at 1330 Kelly Johnson Blvd. in an off-market transaction. The 149-unit community was in lease-up at the time of sale. “One330 is situated in a well-established area of central Colorado…

Jolene Wollett

January 19, 2020

New decade brings more changes for asset managers

One of my first duties in early 2019 as the Denver Metro Building Owners and Managers Association president was to give a little overview of what property managers could expect in 2019 and the

CREJ

January 19, 2020

DEN site selected for Rocky Mountain Real Estate Challenge

Land Title Guarantee Co. and NAIOP Colorado, the Commercial Real Estate Development Association, selected a portion of a 60-acre parcel owned by Denver International Airport at East 61st Avenue and Peña Boulevard in Denver as the subject for the 18th annual Rocky Mountain Real Estate Challenge to be held Tuesday, April 28. The challenge is…

CREJ

January 17, 2020
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Denver slips in ULI ranking, but remains a top 20 market

Denver’s position slipped in the latest Emerging Trends in Real Estate report, but the city remains in the top 20 markets to watch nationally in 2020. In terms of overall real estate prospects, Denver ranked 17th in the nation, down from No. 8 last year. The lower ranking shouldn’t be concerning because there is less…

Kris Oppermann Stern

January 16, 2020

Fox Crossing community sells for $32.25 million

An investment firm that acquires, owns, renovates and operates affordable, workforce and value-oriented apartment communities across the U.S. made a $34.25 million purchase in Denver. Avanath, according to public records, purchased Fox Crossing, a 220-unit affordable housing community at 8350 E. Yale Ave. It purchased the community from Legacy Partners. Dan Woodward, David Potarf and…

Jolene Wollett

January 13, 2020

MW Golden Constructors builds Sandstone Ranch

MW Golden Constructors recently broke ground on Sandstone Ranch in Larkspur. It will be Douglas County’s newest open space when work is completed.

Kris Oppermann Stern

January 12, 2020

BHP, city create 120 units of permanently affordable housing

Boulder Housing Partners and the city of Boulder have broken ground on a 120-unit permanently affordable housing community – the most significant development of its kind in the city’s history. BHP is the master developer of the project, called 30Pearl. It will be located on 4.6 acres at 2630 30th St. in Boulder Junction, a…

Kris Oppermann Stern

January 11, 2020

Developers break ground on Hilltop Reserve senior living community

Ascent Living Communities, Focus Property Group and Blue Moon Capital Partners recently broke ground on a state-of-the-art senior living community in Denver’s Hilltop neighborhood. The former milk processing and distribution center will provide a contemporary, metropolitan-style living environment with community services and amenities for active seniors.

Kris Oppermann Stern

January 6, 2020

Advenir at Spring Canyon apts. sell for $69.3 million

A new buyer to the Colorado Springs market purchased the Advenir at Spring Canyon apartment community at record pricing. Benedict Canyon Equities paid $69.3 million, according to public records, for the 292-unit community at 4510 Spring Canyon Heights. At $237,329 per unit, the price appears to be a record per-unit price paid for 1990s product…

Jolene Wollett

January 6, 2020