• Emerging Trends ranks Denver in top 10

    Denver made the Top 10 list in the latest Emerging Trends in Real Estate 2019 report, which was released Wednesday. Denver was ranked No. 8 of 79 metropolitan statistical areas in the comprehensive Emerging Trends report released by PwC US and the Urban Land Institute. In the Rocky Mountain region, Denver ranked first of eight cities. The Dallas-Fort Worth area...

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  • John Blumberg of Black Creek remembered

    “Frankly, most people in the business probably don’t know we’re out there,” John Blumberg told me 18 years ago. I was the real estate editor of the Rocky Mountain News and Blumberg was thrilled that a business-to-business site that facilitated the private placement of commercial real estate capital and was owned by his Denver-based Black Creek Group, had been named...

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  • Colorado State Bank Building hits the market

    The Colorado State Bank building, a 26-story office tower that takes its name from its anchor tenant, has hit the market. The 445,595-square-foot Colorado State Bank Building is owned by LBA Realty, based in Irvine, Calif. “LBA Realty started buying distressed properties around 2002” and continued its buying spree for the next decade, according to John Winslow. Winslow expects the...

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  • EKS&H headlines CREJ tax reform conference

    Executives from accounting firm EKS&H will dominate the upcoming tax reform conference sponsored by the Colorado Real Estate Journal. Denver-based EKS&H is a nationally recognized professional services firm providing audit, tax, technology, wealth advisory and business consulting services to public and private clients locally, nationally and internationally. EKS&H is the nation’s 11th largest accounting, tax, consulting and wealth management firm, following...

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  • 10,000 making waves in apartment circles

    Ten Thousand Waves is a world-class resort on a mountain road in Santa Fe. But what is really making waves in Denver apartment circles is the number 10,000. Specifically, the observation by apartment guru Cary Bruteig that developers can’t build much more than 10,000 units in the Denver area has given developers much more confidence that the market isn’t going...

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  • Look at last Union Station development site

    The clock is ticking on an opportunity to buy a parking lot at 19th Street and Walnut Place that is described as the last development parcel available near Denver Union Station. Offer are due this Thursday, Sept. 27, for the 16,091-square-foot parking lot at 2001 19th St. and 1903 Chestnut Place. The property, which is zoned for a 140-foot-tall building, is being listed...

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  • Flywheel Capital assembles key site

    Flywheel Capital, a Denver-based private real estate investment group created slightly more than a year ago, recently completed an assemblage of almost 4 acres on the southwest corner of East Evans Avenue and south Interstate 25. “It’s Main and Main,” said Ben Hrouda, founder and managing partner of Flywheel. In total, Flywheel and its development partners paid about $13.3 million...

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  • Kairoi loves Denver

    Kairoi (pronounced KY-roy) is a Greek word that means moments in time when opportunities are seized. Kairoi also is the new name of a San Antonio-based multifamily developer that has a growing presence in Denver. Kairoi is the perfect name change for Lynde, according to Sam Kasparek, a managing partner at Lynd and now at Kairoi. Since 2003, Lynd had developed...

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  • Buyer drills Bell Park site

    The mystery buyer who has the prominent “Bell Park” site along Speer Boulevard under contract has taken a preliminary, but necessary, step in buying one of the most high-profile sites in downtown Denver. The unidentified buyer hired the firm Terracon Co., which on Monday was boring 80 feet under the surface of the site to take core samples on the...

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  • Sprawl poll. Vote on whether Stapleton is sprawl or smart growth

    Sprawl. Is sprawl like pornography? Speaking of the latter in 1964, U.S. Supreme Court Justice Potter Stewart famously said, “I know it when I see it,” even though it might be difficult to articulate in words. Not that sprawl, whether in an urban or suburban setting, hasn’t been defined. “The term sprawl, as used by land developers, planners and governmental...

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