Bruteig brings ‘cold, hard facts’ to CREJ conference

Bruteig

Bruteig’s bully pulpit. Cary Bruteig, the go-to apartment authority for everyone in the multifamily business, book-ended the half-day multifamily conference last week that drew about 500 brokers, lenders, developers and others on the ground floor of the Front Range apartment market. Bruteig not only provided a detailed analysis of where the Denver-area and Front Range…

John Rebchook

October 25, 2017

Office future conference draws Microsoft, TIAA execs

office

Kindell Williams is managing director of the Denver office of IA Interior Architects, a firm that employs 600 in 19 offices. “Out of our Denver office, we do work for national, global and local clients,” Williams noted. With that kind of perspective, Williams has the pulse of the real estate needs of corporate clients. On Nov.…

John Rebchook

October 23, 2017

Door – downtown’s Renaissance explored at CREJ event

Door

The Denver office market has evolved by leaps and bounds since Tami Door took the helm of the Downtown Denver Partnership more than a dozen years ago. “I’ve seen it evolve in a number of ways,” said Door, CEO and president of the partnership. “Some of those changes in the office market relate to that…

John Rebchook

October 18, 2017

UDR tops Hollywood mogul in record-breaking deal

UDR

Thomas W. Toomey, the longtime CEO of UDR, one of the nation’s largest apartment REITs, early this year confessed, “We missed it,” as far as staking out a big claim in the company’s Denver backyard. Toomey, CEO of Highlands Ranch-based UDR, with a market cap of about $10.5 billion, said he had been telling his…

John Rebchook

October 16, 2017

Woodspear makes unusual swap

Woodspear

Woodspear Properties decided it was time to sell The Orchards shopping center in Greenwood Village. And Woodspear ended up selling the prized 73,904-square-foot center in a novel way. But more details of that later. The Orchards, at 5926 S. Holly St., at the key intersection of Orchard Road and Holly Street, is the type of…

John Rebchook

October 11, 2017

Front Range focus of CREJ conference

[vc_column width="2/3"]Front Range commercial real estate stretches from Northern Colorado to Colorado Springs. And while the geographic markets, like asset types, are at different stages on the scale, no area is hitting a truly sour note. “Our entire Front Range market is in a really good place right now,” said Mike Kboudi, a managing director…

John Rebchook

October 9, 2017

Hawks – CREJ apartment conference coming Oct. 19

Hawks

Jeff Hawks would be disappointed if he listed a Denver area apartment community and didn't receive at least 10 offers. Hawks is seldom disappointed these days. “To a lot of people’s surprise, the apartment market is holding up fairly well. Everyone believed that we were overbuilding” and Denver’s red-hot apartment market was cooling, said Hawks,…

John Rebchook

October 4, 2017

Cherry Creek Safeway closing this month

Cherry Creek

The Safeway adjacent to the Cherry Creek Shopping Center will close its doors permanently in the coming weeks, months before its Jan. 4 deadline, the Colorado Real Estate Journal has learned. “We are planning to close the store at the end of the month,” said Kris Staaf, director of public affairs for Safeway. CREJ had…

John Rebchook

October 4, 2017

Ursini – No stopping 1,000-foot Denver tower

Ursini

I first started talking to New York City-based developer Mike Ursini last March about his plans to build the tallest building in Colorado. Our agreement was that by sitting on his blockbuster $400 million development at 650 17th St., he would give the story to me first. https://www.youtube.com/watch?v=lloqw7_wWck Six months later, it didn’t work out…

John Rebchook

October 2, 2017

Hutchison heads fast-growing Mission Rock

Hutchison

Patricia Hutchison, president of Mission Rock Residential, just returned from a weeklong trip to Houston, surveying the damage of apartment communities her Denver-based company manages in the wake of Hurricane Harvey. Thankfully, only two of the communities suffered any damage, it wasn’t as bad as she feared, and she returned to Denver. Colorado is the…

John Rebchook

September 27, 2017