Out-of-state mortgage banking company arranges financing for Lakewood apts.
An Ohio-based commercial and multifamily mortgage banking company completed a $47.6 million direct bond purchase for an affordable housing complex in Lakewood. Bellwether Enterprise Real Estate Capital LLC, a subsidiary of Enterprise Community Investment Inc., worked on behalf of the borrower, Zocalo Development, to purchase the tax-exempt and taxable bonds. The bonds are being used […]
Jenna WaltersOctober 9, 2020
KeyBank Real Estate Capital secures $81M construction loan
KeyBank Real Estate Capital arranged an $81 million construction and permanent financing loan for the development of South Range Crossing Apartments, an affordable housing property in Parker. Al Beaumariage of KeyBank’s Commercial Mortgage Group and Kelly Frank of KeyBank’s Community Development Lending and Investment team worked on behalf of the borrower, Dominium, a Minnesota-based developer […]
Jenna WaltersSeptember 28, 2020
Taylor Kohrs completes Emerson Flats low-income project in Capitol Hill
Taylor Kohrs recently completed construction of the new Emerson Flats, a low-income housing tax credit project in Denver’s Capitol Hill neighborhood. This $6.6 million wood-frame building is 26,022 square feet in five stories, including 21 units with a combination of one-, two- and three-bedroom floor plans with secure parking. It was developed by Del Norte […]
Kris Oppermann SternAugust 23, 2020
Longmont apt. complex sells for $13.7M
A multifamily asset in Longmont sold for $13.7 million. According to public records, Quail Housing LLC purchased the Quail Village Apartments, the 72-unit apartment complex at 321 Quail Road, from seller Quail Village LP. Taylor Froland, Dan Woodward, David Potarf, Matthew Barnett and Jake Young of CBRE represented the seller. The buyer was unrepresented. The […]
Jenna WaltersAugust 17, 2020
Alliance continues work on Kappa Tower II, Fitzsimons Hyatt House Hotel
Alliance Construction Solutions continues to make progress on its Kappa Tower II and Fitzsimons Hyatt House Hotel projects. While neither project has faced notable job-site challenges due to the pandemic, COVID-19 has yielded some impacts to the schedule due to social distancing protocols
Kris Oppermann SternJune 1, 2020
JNS, Alliance celebrate topping out of West Denver affordable housing project
Alliance Construction Solutions recently topped out the Sheridan Station Apartments, an eight-story affordable housing project in west Denver. Designed by Johnson Nathan Strohe, the $29 million project is being developed by Mile High Development and Brinshore Development.
Kris Oppermann SternMay 3, 2020
Arroyo Village aims to serve 3 Denver populations
Built unlike any other project in Denver since the 1980s, Arroyo Village is one of the newest affordable housing communities in the area and one of the only that includes affordable housing apartments,
CREJFebruary 9, 2020
BHP, city create 120 units of permanently affordable housing
Boulder Housing Partners and the city of Boulder have broken ground on a 120-unit permanently affordable housing community – the most significant development of its kind in the city’s history. BHP is the master developer of the project, called 30Pearl. It will be located on 4.6 acres at 2630 30th St. in Boulder Junction, a…
Jill Jamieson-NicholsJanuary 11, 2020
Taylor Kohrs will build Capitol Hill low-income housing tax credit project
Taylor Kohrs, a Colorado-based general contractor for more than 36 years, will build Emerson Flats, a low-income housing tax credit project in Denver’s Capitol Hill neighborhood.
Kris Oppermann SternDecember 16, 2019
Milender White breaks ground on Denver Metro Village senior housing project
Denver Metro Village, MGL Partners and Milender White began construction on the renovation and expansion project for DMV in Denver. Located on West Colfax Avenue off Quitman and Raleigh streets, DMV has been providing affordable housing for seniors for more than 50 years.
Kris Oppermann SternNovember 25, 2019