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 can encompass a wide array of financial services ranging from payments, investments, financing, insurance and more. Companies

CREJ

March 14, 2016

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.

CREJ

March 1, 2016
Summit at CTC

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…

Jill Jamieson-Nichols

March 1, 2016
Panorama at Arvada Ridge

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…

John Rebchook

March 1, 2016
7926 S. Platte Canyon Road

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,…

Jill Jamieson-Nichols

March 1, 2016

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.

CREJ

March 1, 2016
Winslow Report

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

CREJ

February 23, 2016
Freight

HFF refinances Freight properties

Leon McBroom and Josh Simon of the Denver office of Holliday Fenoglio Fowler, L.P. recently arranged slightly more than $18 million in permanent financing for Freight office building and Freight Residences, an apartment building. Both are anchor buildings in the TAXI community in RiNo. TAXI was developed and owned by Mickey and Kyle Zeppelin, principals…

John Rebchook

January 2, 2016