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,…

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,…

Site No. 1: Arapahoe County Property Location: 3555 S. Clarkson St., Englewood Property Description: (land value) formerly Plaza De Medicos building Land Size: 31,947 sf Sales Price: $2.4M, or $75.12 per square foot, or $18,462 per buildable unit Closing Date: 10/13/17 Reception No.: D7116884 Grantor: KRF 965 LLC, George Balafas, mgr. – Kentro Group Grantee: CA Senior Englewood CO,…

Denver County Property Location: Vicinity of southeast corner East 11th Ave. & Ash St., Denver Property Description: land value, proposed 9-story, 216-unit senior apartments Land Size: 52,644 sf Sales Price: $6.3M, or $119.67 psf, or $29,167 per buildable unit Reception No.: 2017143189 Closing Date: 10/30 Grantor:  9th Avenue (Denver) Land LLC c/o Continuum, Frank Cannon,…

Jefferson County Property Location: Northeast Corner W. Ida Ave. & S. Alkire St., Littleton Property Description: Vacant land, plan to build 64-bed senior assisted-living/memory care facility Land Size: 3.37 acres Sales Price: $778,500, or $5.30 psf, or $12,164 per buildable unit Reception No.: 2017101795 Closing Date: 9/28 Grantor: Centennial Community Church, Brad Heykoop, operations pastor,…

Jefferson County Address or Location: 20001 Golden Canyon Road (southwest corner of Colorado Highway 93 & Spyderco Way, Golden Land Size: 3.94 acres Date of Recording: 9/15 Reception No. 2017095324 Price: $3M, or $17.48 psf, or $27,523 per buildable unit Grantor: Newstar Golden LLC Grantee: FDG Feoque Golden Associates LLC, dba Forum Development Group, Kevin…

Going forward, Brian Watson could envision someone buying a starter home in Stapleton, continuing to move up to a bigger and more expensive home, with the final stop in their lifelong real estate cycle at the just opened Balfour at Stapleton senior care center. “Absolutely,” said Watson, chairman and CEO of Northstar Commercial Partners, owner…

A major factor for this cooling period is the increasing demands and expectations from residents, families and regulatory bodies.

The construction labor shortage crisis along the Front Range is poised to get worse. Commercial real estate industry officials anticipate needing about 50,000 more qualified people in the trades during the next year. “That’s pretty significant,” said Karla Nugent, chief business development officer at the Weifield Group. Construction workers last year are shown working on…

Land demand in the Denver area is off the charts. “On activity, it probably is record as far as buyers of land,"  said Mike Kboudi, a land broker with Cushman & Wakefield. Competition is fierce. "It is really hard to get a good piece of ground,” said Kboudi, who during the past five years has sold…