• ARA Newmark
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    Record year for apartments

    Last year was one for the Denver-area multifamily housing record book. Investors paid a record $4.44 billion for apartment communities in the metro area last year, topping the previous record set in 2014 by $903 million, a 25.5 percent jump. The record pace is becoming a bit of a broken record, albeit a welcome one for sellers. “During three of...

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    Taking speed to market one step further

    “Be quick, but don’t hurry” are profound words by legendary University of California Los Angeles basketball coach John Wooden.

  • 140 S. Union
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    Hotel company buys Union Square property for redevelopment

    An industrial property in a changing part of Lakewood will undergo its own transformation following its $3.1 million sale. An affiliate of Provo, Utah-based Lodging Dynamics bought the 46,075-square-foot building on 2.76 acres at 140 S. Union Blvd. in Lakewood. It likely will raze the building to construct a hotel but will offer the building for lease in the meantime....

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    Financial-tech firms alter financial services industry

    For a rapidly growing worldwide phenomenon that is bringing about significant change within the financial services community, it is surprising that the term “FinTech” still is relatively unknown. At the confluence of finance and technology, FinTech is defined as “an economic industry composed of companies that use technology to make financial systems more efficient,” according to Wharton FinTech. The term...

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    Trends in action: Craig Hospital nears completion

    After 51 months, with initial planning in winter 2012 and a target completion date set for late 2016, Craig Hospital’s $90 million expansion and renovation is nearing its conclusion. In addition, the hospital announced that it exceeded its $68 million fundraising target by $5 million.

  • Summit at CTC
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    Summit at CTC to deliver spec small-bay industrial product

    Class A industrial space for small users is coming to the Colorado Technology Center in Louisville. Summit at Colorado Technology Center will provide new space to tenants as small as 9,600 square feet. The 62,400-sf building is one of the first speculative projects for small users to break ground this development cycle. Erik Abrahamson “Over the past several years, a...

  • Panorama at Arvada Ridge
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    CBRE team sells Arvada property for $58.5 million

    Arvada increasingly is becoming an attractive target for apartment investors. No sale better reflects that than the recent purchase of the 264-unit Panorama at Arvada Ridge at 5654 Kipling Parkway. Seagate Properties, based in San Rafael, California, purchased the community for $58.5 million, records show. That equates to a sales price of $221,591 per unit and $236.08 per square foot....

  • 7926 S. Platte Canyon Road
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    Financial services firm signs long-term lease for 31,200 sf

    A financial services firm signed a 10-year lease for a 31,200-square-foot office building in Littleton. Chatham Financial will expand its local operations into the building at 7926 S. Platte Canyon Road. Kiewit formerly occupied and owns the property. “It was a great opportunity for Kiewit to receive long-term cash flow,” said Tyler Reed of JLL, who represented the landlord with...

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    When will the music stop?

    At the time of writing this article, the state of Colorado is still fresh off the Broncos’ Super Bowl victory over the Carolina Panthers.

  • Winslow Report
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    Winslow Report 2-17-2016

    Property Description: 228-unit, three-story “walkup-style” apartment complex with 9 buildings, 264,516 sf, plus 4,528-sf clubhouse, YOC 2014-2015, brick/wood Land Size: 9 acres Sales Price: $47.58M,or $208,684 per unit Reception No: 2016000012250 Closing Date: 2/15 Grantor: Stone Mountain Land Owners LP & Keller Holland Northglenn Investors