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
Taylor Kohrs completes seniors apartments at Vistas at Panorama Pointe
Taylor Kohrs recently completed construction of the new Enterprise Green Community, Vistas at Panorama Pointe, in Westminster. The 63,000-square foot, four-story seniors apartment building includes 69 units with a combination of one- and two-bedroom floor plans with private balconies and covered parking.
Kris Oppermann SternAugust 12, 2019
Senior construction shows signs of a slowdown
In 2018 there were 754,000 residents aged 65 and older in Colorado, who comprised 13.4% of the total population. This is below the national average of 15.3%. The baby boomer generation includes all people born between 1946 and 1964. Boomers are now between 55 and 73 years of age. A decade from now, when all the boomers will be 65 and older, they will comprise over 18% of the total population.
CREJJuly 14, 2019
Pinkard completes Christian Living Communities’ Eagle Pointe office building
Christian Living Communities and the South Metro Denver Chamber of Commerce recently held a grand opening celebration for Eagle Pointe, CLC’s support office building in Meridian office park. Pinkard Construction Co. was the general contractor while Galloway Architects designed the project.
Kris Oppermann SternMay 24, 2019
Construction is complete on Yale 25 Station apartment project
Construction is complete on the Yale 25 Station apartments located at 5121 E. Yale Ave. in Denver. Yale Station is a five-story, transit-oriented apartment complex located in the heart of Denver close to restaurants, shopping and transportation. Jordon Perlmutter & Co. developed the project, which was designed by OZ Architecture and built by Shaw Construction.
Kris Oppermann SternFebruary 25, 2019
Church Ranch developer to retain legacy
The Church Ranch homestead is out of the family after nearly 150 years, but the legacy will live on. Charles “Charlie” Church McKay, through two entities, sold the 6.1-acre property at 10050-10100 Wadsworth Blvd. in Westminster to an affiliate of Minnesota-based Dominium for $2 million. Terms of the deal require Dominium to restore a historic…
Jill Jamieson-NicholsSeptember 28, 2018
Parker assisted-living facility snagged for $28.7M
Douglas County Property Location: 19160 Cottonwood Drive, Parker Property Description: 143-unit assisted-living and memory care, three-story facility (117 units assisted living & 26 units memory care), YOC 2017, 105,186 sf Land Size: 4.406 acres Sales Price: $28.69M, or $200,612 per unit, or $272.73 psf Reception No.: 2018049794 Closing Date: 8/8 Grantor: Crown Point Assisted Living LLC (Steven…
John WinslowSeptember 19, 2018
Senior cooperative housing to be developed in Greeley
A company developing Colorado’s first senior cooperative housing has acquired a site in Greeley for one of several projects it plans along the Front Range. Real Estate Equities Development LLC purchased 4.7 acres at the southeast corner of 46thAvenue and West 25thStreet for $815,000. The buyer, represented by Jason Ells of Cushman & Wakefield, plans…
Jill Jamieson-NicholsJuly 2, 2018
Brookdale Meridian of Englewood title transfers for $84.1 million
Arapahoe County Property Location: 3455 S. Corona St., Englewood Property Description: 193 independent units & 72 skilled units, 8-story senior/assisted-living facility, 249,424 sf, YOC 1986 Land Size: 3.91 Acres Sales Price: $84.1M, or $317,370 per unit Reception No.: D8032185 Closing Date: 4/2/2018 Grantor: S-H Thirty-Five PropCo – Englewood Meridian LLC, c/o HPC Inc., 1920 Main St., Suite 1200, Irvine,…
John WinslowMay 10, 2018
Buyer pays top dollar for Flatirons Terrace
An independent living facility in Boulder sold for one of the highest prices per unit, if not the highest, to be achieved in Colorado. Harrison Street Real Estate Capital paid $20 million, or $370,370 per unit, for Flatirons Terrace at 930 28th St. The 95 percent-occupied, 54-unit property offers luxury living with “elegant” dining spaces,…
Jill Jamieson-NicholsApril 1, 2018