Western Development Group, a developer of premier mixed-use and residential properties in Cherry Creek North, has created a new property management company, Western Asset Services. While Western Asset Services is […]

Essex Financial Group, which will close an estimated $750 million in commercial real estate loans this year, is changing the guard. J. Jeffrey Riggs, who founded the firm 26 years ago, is passing the baton to Cooper Williams, who has spent his entire professional career at Essex. “We are proud to announce that Cooper Williams, effective…

Denver, or perhaps Dallas, has more square feet of retail space per capita than any other city in the U.S. I first heard that when I was the real estate editor of the Rocky Mountain News in the early 1980s. I heard that Denver was either No. 1 or No. 2 multiple times in the…

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…

“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…

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…

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, […]

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…

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…

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…