Mill Creek

Mill Creek bullish on Denver

Mill Creek Residential, a privately held apartment developer, has been planting its flag in some of Denver’s trendiest neighborhoods. Together, the privately held, Dallas-based company has more than 1,300 units owned, under construction or on the drawing board in Denver neighborhoods My back-of-the-envelope estimate is that the total sales value of the communities would top…

John Rebchook

March 23, 2017
Silverthorne

Silverthorne making history with downtown plans

Teams from Milender White and the St. Charles Town Co. recently made the 67-mile trip to Silverthorne to make pitches on redeveloping the heart of the downtown of the Summit County community. Milender White and the St. Charles Town Co. were the two group that responded to a request for proposals to redevelop about 3.25 acres…

John Rebchook

March 21, 2017
millennials

Millenials making it in Mile High

Millennials. Every city wants them. Denver is actually getting them. A fair share of the 10,000 or so people moving to the Mile High City every month are in the coveted demographic group. Many of these millennials are renters, good news for the Denver area multifamily market. “Millennials are the biggest generation ever” and also…

John Rebchook

March 20, 2017
Inverness

Inverness pioneer John O’Meara recalled

“There will never be a better day.” Friends of the late John O’Meara merely had to repeat that quote,  “There will never be a better day,” and everyone knew exactly what they were talking about. Those seven words captured the spirit and drive of O'Meara. O’Meara, also known as “Mr. Inverness,” a pioneer of the…

John Rebchook

March 14, 2017
Hotel

Hotel market racing to record room boom

A record number of hotel rooms will be added to the Denver area hotel market this year. The market is poised to add 3,500 to 3,800 hotel rooms this year, according to Bob Benton, principal of Robert S. Benton Associates. That is about 1,000 more rooms than were added in 2015 and 2016, combined. “We’re…

John Rebchook

March 9, 2017
Multifamily

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…

John Rebchook

March 8, 2017

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…

John Rebchook

March 2, 2017
Schroeppel

Schroeppel addresses urban issues

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

John Rebchook

February 28, 2017
Studios

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…

John Rebchook

February 23, 2017
Platinum

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.…

John Rebchook

February 23, 2017