• Castle Lanterra lands in Denver

    Castle Lanterra began looking to make its first apartment community acquisition in Denver in midyear 2016. The private real estate investment firm kicked the tires on three to six apartment communities before buying the 369-unit Alexan Sloan’s Lake late last year. The price of admission to the Denver market was $100 million – or $102.8 million, which equates to $278,591...

    1767
  • Harms hammers out jobs at PCL

    Like a lot of people, Mike Harms was thrilled last year when the Chicago Cubs won the World Series. Harms had a bit of a different reason to cheer the Cubs ending its 108-year championship drought, though. Before returning to Denver, almost exactly a year go, Harms had played a key role in the $575 million renovation of Wrigley Field,...

    3393
  • Gleam is one green car wash

    “Greenwashing” is defined as fake news that exaggerates environmental claims. There is plenty of washing going on at Gleam, but there is no greenwashing in what may be the most environmentally friendly car wash in the nation. I told Emilie Baratta that I noticed a press release states that Gleam is the greenest car wash in Colorado. Before I could...

    3271
  • Marijuana laws haven’t scared employers

    Economic development guru Tom Clark was worried that when recreational marijuana could legally be sold in Colorado, it would snuff out the strong economic surge sweeping the Front Range. “We were terrified,” said Clark, the CEO of the Metro Denver Economic Development Corp., a post he will be leaving when he retires in March. Clark would hear over and over...

    1744
  • Retail conference on tap

    A recent front page headline in the Wall Street Journal read: “Mall Owners Rush to Get Out of the Mall Business.” The article compared the current state of the mall ownership business to the recent housing crash. Another nationwide report, the 2017 Emerging Trends, from the Urban Land Institute ranked regional malls dead last of 24 commercial real estate food...

    2123
  • Trump connects with Morean

    Richard Morean recently was enjoying lunch with some real estate buddies at Seasons 52 Wine Bar & Grill in Park Meadows. No surprise, the conversation turned to politics among the friends, who lean both to the right and the left of the political spectrum. “Hey, remember that article about you, ‘Trump’s loss is Denver’s gain’?” asked one of Morean’s friends....

    4483
  • Rebchook Real Estate Corner brought to you by CREJ

    Rebchook Real Estate Corner is a new column by John Rebchook that can be found at CREJ.com. Welcome to my new commercial real estate column at CREJ.com Jon Stern, owner and publisher of CREJ, has given me the opportunity to look under the hood of all aspects of commercial real estate with my column, the Rebchook Real Estate Corner. I have...

    1552