Mill Creek multifamily – Modera West Wash Park, Modera LoHi
Mill Creek Residential is on a roll in Denver, with luxury apartment towers under construction at the edge of two ends of downtown. Dallas-based Mill Creek, the nation’s second largest apartment developer in 2017, also recently sold the 275-unit Modera Observatory Park apartment community near the University of Denver for $92.5 million. I spoke to…
Kris Oppermann Stern
June 8, 2018REDI to tackle 64-acre Sheridan corridor
REDI, or the Real Estate Diversity Initiative, in the coming months will be ready to help to redefine and redevelop a 64-acre parcel along South Sheridan Boulevard that was once a bustling retail site but now is a largely desolate swath in southwest Denver. REDI, an MBA-like real estate development for women and minorities, will…
Kris Oppermann Stern
June 4, 2018Bell Tower site under contract
Bell Tower, if it had been built, arguably would have been the most architecturally unique tower ever to have graced Denver’s skyline. “The striking design and highly visible location will make it an instant landmark,” Ken Schroeppel, the creator of DenverInfill.com, told me in February 2009, when I was the real estate editor of the Rocky…
Kris Oppermann Stern
May 16, 2018Capital Markets conference coming June 5
Capital markets in commercial real estate, which has been on a bull run in Denver and nationwide, will be in the spotlight at a halfday conference June 5. More than 300 industry leaders are expected to attend the 2018 Emerging Trends in Capital Markets Summit & Expo from noon until 4:45 p.m. The conference is…
Kris Oppermann Stern
May 14, 2018Development dilemma: CREJ conference explores ‘What Would I Develop’
Development question: Does it make any sense to bring more apartments, offices, retail projects to the Denver area today? “What would I develop?" is an especially intriguing question in the Denver area today, given the number of construction cranes dotting the landscape, rising labor and land costs, and increasing opposition to development from neighborhood groups…
Kris Oppermann Stern
May 10, 2018Taxi, Mickey Zeppelin’s gritty vision
Taxi, the mixed-use brainchild of urban pioneer Mickey Zeppelin, not only sparked the Renaissance of RiNo, one of Denver’s trendiest neighborhoods, but it predated it. While the River North Art District traces its roots to 2005, the former Yellow Cab campus at 3507 Ringsby Court first caught the attention of Zeppelin, a pioneer developer in…
Kris Oppermann Stern
May 7, 2018Prologis deal for DCT second largest ever
Prologis made a true blockbuster announcement this week when it said it would pay $8.4 billion for Denver-based DCT Industrial Trust. It appears to be the second-largest industrial real estate transaction ever. Ironically, the only bigger industrial deal occurred in 2011, when AMB Property Corp. paid $8.7 billion in stock for the larger Prologis. AMB,…
Kris Oppermann Stern
May 3, 2018Solar power is cool
Solar power is cool. Solar panels are so cool, literally and figuratively, they should be a key component of Denver’s Green Roof ordinance, I believe. The importance of solar was driven home to me recently, as we are in the process of adding solar panels to the roof of our townhome. As part of my…
Kris Oppermann Stern
April 30, 2018NZE leasing explored at sustainability conference
NZE, or more precisely Net Zero Energy, leasing is the final panel at the Sustainability: Achieving the Next Level conference sponsored by the Colorado Real Estate Journal. You will want to stay for that panel, even if you don’t qualify for the four hours of continuing education credit. The half-day conference, CREJ’s principal Green Building event…
Kris Oppermann Stern
April 18, 2018PACE yourself at CREJ C-PACE conference
PACE yourself. C-PACE your commercial building, that is. C-PACE is acronym for Commercial Property Assessed Clean Energy. While the name is quite a mouthful, this new and innovative financing tool is a great way for commercial property owners to help the environment while saving money. CREJ is sponsoring a half-day conference on C-PACE on the…
Kris Oppermann Stern
April 16, 2018