Hotel developer checks into Broomfield with Home2 Suites
A Dallas-based hotel development company is checking into the Denver market with plans for a Home2 Suites by Hilton in Broomfield. Fayth Hospitality Group LLC, led by hotel industry veterans Greg Fay and Randy Churchey, expects to break ground on the 107-suite hotel at 505 Zang St. this summer. Opening is targeted for summer 2020.…
Kris Oppermann Stern
June 14, 2019Milestone to bring first of 684 apartment units to Lafayette
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Kris Oppermann Stern
May 31, 2019Investment group buys Naropa student housing for $4.5 million
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Kris Oppermann Stern
May 15, 2019Company signs lease for 60,000 square feet at CTC
A pharmacy products company leased 60,000 square feet of flex space at the Colorado Tech Center in Louisville. Quicksilver Scientific signed a lease for space at 1960 Cherry St., a building owned by Etkin Johnson Real Estate Partners. The company has outgrown the approximately 23,000-sf space it occupies in Lafayette, according to Eric Rutherford of…
Kris Oppermann Stern
April 28, 2019New owner plans to invest in Longmont Medical Campus
An investment group that turned around a medical office building in Boulder will try the same procedure with a Longmont building it just purchased for $10.6 million. Profere Partners LLC, led by Scott Pudalov, bought Longmont Medical Campus at 1551 Professional Lane with plans for a capital infusion aimed at boosting occupancy. The approximately 104,850-square-foot…
Kris Oppermann Stern
April 28, 2019North Main at Steel Ranch apartments change hands at $67 million
Confluence Cos. sold its North Main at Steel Ranch apartments in Louisville for $67 million, or $293,860 per unit. The 228-unit community at 1724 Steel St. sits on 7.66 acres and features more of a “neighborhood feel” than some of the other new apartment developments in Louisville, according to CBRE Senior Vice President Matt Barnett.…
Kris Oppermann Stern
April 6, 2019Graham Street Realty buys $28 million in assets
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Kris Oppermann Stern
March 15, 2019Latin American investors buy East Boulder building for $2.9M
A large group of primarily Latin American investors purchased a 14,514-square-foot office/flex building in East Boulder. The property at 5660 Valmont Road sold for $2.9 million, or $199.80 per sf. The buyer was 4015 Lincoln LLC, doing business as 5660 Valmont LLC. The building is fully leased to the Denver Post, Work in Progress and…
Kris Oppermann Stern
March 11, 2019Eaton Vance buys Lafayette apartments
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Kris Oppermann Stern
February 11, 2019Harvest Junction retail center sees broad investor demand
A full spectrum of investor types took a look at buying the Harvest Junction retail center in Longmont, which records show sold for $61.15 million, or $166.20 per square foot. A partnership of Chicago based private equity real estate firm Walton Street Capital LLC and Alberta Development Partners, a Greenwood Village based developer and investor,…
Kris Oppermann Stern
February 9, 2019