• Multifamily run not over, Hawks says

    Last year was the Year of the Monkey, according to the Chinese zodiac. But in Denver, 2016 was the Year of the Multifamily. The multifamily industry in the Denver area was one for the record books last year. More than $4.5 billion in apartments traded hands in 2016, according to Jeff Hawks, vice chairman of ARA Newmark. Jeff Hawks “To...

  • Leadership expert headlines CREW event

    “Leaders often keep secrets because they believe others will find it difficult to understand the basis for their leadership success or failure. They believe others will scoff at the simplicity or complexity of their leadership style or criticize their work ethic. Many leaders find it even harder to share their secret fears, weaknesses and self-doubts for fear of being judged...

  • Schroeppel addresses urban issues

    Denver seems to be getting a bad rap for new ugly buildings.

  • Studios rule at Allante Properties

    Studios rule. Not Hollywood movie studios, but studio apartments. At least that is the perspective of Daren B. Schmidt, a managing partner at Greenwood Village-based Allante Properties. Online inquiries for studios account for about 25 percent of studio apartments, Schmidt noted. But only 4 percent to 5 percent of the apartments in the Denver area are studios, he said. “There...

  • Platinum LEED thanks to Hines, Invesco

    Forget about going for the Gold. That is so 2009. Hines and Invesco Real Estate recently unveiled that 1515 Wynkoop has moved up a notch to Platinum. The Class A office building that shares its name with its address, opened in 2009 as a Gold LEED certified building. 1515 Wynkoop has a Platinum LEED certification. Hines developed the Class A...

  • 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...

  • 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,...

  • 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...

  • 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...

  • 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...