Kairoi (pronounced KY-roy) is a Greek word that means moments in time when opportunities are seized. Kairoi also is the new name of a San Antonio-based multifamily developer that has a growing presence in Denver. Kairoi is the perfect name change for Lynde, according to Sam Kasparek, a managing partner at Lynd and now at Kairoi.…

The mystery buyer who has the prominent “Bell Park” site along Speer Boulevard under contract has taken a preliminary, but necessary, step in buying one of the most high-profile sites in downtown Denver. The unidentified buyer hired the firm Terracon Co., which on Monday was boring 80 feet under the surface of the site to…

Sprawl. Is sprawl like pornography? Speaking of the latter in 1964, U.S. Supreme Court Justice Potter Stewart famously said, “I know it when I see it,” even though it might be difficult to articulate in words. Not that sprawl, whether in an urban or suburban setting, hasn’t been defined. “The term sprawl, as used by…

Home Manager, an app that replaces a three-ring binder with all of the information about your new home or condo, at first blush might seem like an unusual career segue for developer David Elowe. After all, Elowe, as principal of Denver-based Urban West Group, developed the 11-story, 213-unit One Observatory Park apartment tower near the…

Colorado Real Estate Journal is hosting an industrial conference as the Denver-area is on the cusp of entering a three-year bull market. The Colorado Real Estate Journal 2018 Industrial Summit & Expo will be held from noon until 4:45 p.m. on Sept. 5 at the Hyatt Regency Aurora-Denver Conference Center. The half-day conference will be…

Office envy. The Denver area’s office market is approaching a decade of expansion and likely will continue to be one of the top office markets in the U.S. “Denver’s office market continued full steam ahead in its ninth straight year of expansion,” according to a recently released second quarter research report from Newmark Knight Frank.…

Forest City has been a force in Denver for the past two decades. In 1998, the city of Denver named Forest City, now a real estate investment trust, the master developer of the former Stapleton International Airport. “Stapleton is one of the largest urban infill redevelopment projects in U.S. history,” crowed the Cleveland-based Forest City…

Newmont Mining Corp., the world’s largest gold producer, plans to vacate its current world headquarters in Greenwood Village – but not right away. Newmont, which has a market cap of almost $20 billion, plans to leave the 233,950 square feet it leases in the Palazzo Verdi building in October 2020. Newmont was an original and…

Hotels in the Denver area boasted record revenues in June. Hotels generated $186.23 million in revenues, a 5.04 percent increase from $177.28 million in June 2017, according to the most recent report from STR, a data and analytics specialist. The revenue increase comes despite the total number of hotel room nights in the metro area…

Land demand along the Front Range is through the roof. In fact, there has never been a time in Denver area history when there has been so much interest to buy property for residential and commercial development, according to veteran land broker Mike Kboudi. “Demand is hot,” said Kboudi, a senior managing director in the…