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Mill Creek

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, 2018
REDI

REDI 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, 2018
Bell Tower

Bell 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, 2018
Capital Markets

Capital 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, 2018
Development

Development 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, 2018
Taxi

Taxi, 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, 2018
Prologis

Prologis 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, 2018
Solar

Solar 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, 2018
NZE

NZE 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, 2018
PACE

PACE 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