Denver made the Top 10 list in the latest Emerging Trends in Real Estate 2019 report, which was released Wednesday. Denver was ranked No. 8 of 79 metropolitan statistical areas in the comprehensive Emerging Trends report released by PwC US and the Urban Land Institute. In the Rocky Mountain region, Denver ranked first of eight…

“Frankly, most people in the business probably don’t know we’re out there,” John Blumberg told me 18 years ago. I was the real estate editor of the Rocky Mountain News and Blumberg was thrilled that a business-to-business site that facilitated the private placement of commercial real estate capital and was owned by his Denver-based Black…

The Colorado State Bank building, a 26-story office tower that takes its name from its anchor tenant, has hit the market. The 445,595-square-foot Colorado State Bank Building is owned by LBA Realty, based in Irvine, Calif. “LBA Realty started buying distressed properties around 2002” and continued its buying spree for the next decade, according to…

Ten Thousand Waves is a world-class resort on a mountain road in Santa Fe. But what is really making waves in Denver apartment circles is the number 10,000. Specifically, the observation by apartment guru Cary Bruteig that developers can’t build much more than 10,000 units in the Denver area has given developers much more confidence…

The clock is ticking on an opportunity to buy a parking lot at 19th Street and Walnut Place that is described as the last development parcel available near Denver Union Station. Offer are due this Thursday, Sept. 27, for the 16,091-square-foot parking lot at 2001 19th St. and 1903 Chestnut Place. The property, which is zoned for a…

Flywheel Capital, a Denver-based private real estate investment group created slightly more than a year ago, recently completed an assemblage of almost 4 acres on the southwest corner of East Evans Avenue and south Interstate 25. “It’s Main and Main,” said Ben Hrouda, founder and managing partner of Flywheel. In total, Flywheel and its development…

The mystery buyer who has the prominent “Bell Park” site along Speer Boulevard under contract has taken a preliminary, but necessary, step in buying one of the most high-profile sites in downtown Denver. The unidentified buyer hired the firm Terracon Co., which on Monday was boring 80 feet under the surface of the site to…

Sprawl. Is sprawl like pornography? Speaking of the latter in 1964, U.S. Supreme Court Justice Potter Stewart famously said, “I know it when I see it,” even though it might be difficult to articulate in words. Not that sprawl, whether in an urban or suburban setting, hasn’t been defined. “The term sprawl, as used by…

Home Manager, an app that replaces a three-ring binder with all of the information about your new home or condo, at first blush might seem like an unusual career segue for developer David Elowe. After all, Elowe, as principal of Denver-based Urban West Group, developed the 11-story, 213-unit One Observatory Park apartment tower near the…

Office envy. The Denver area’s office market is approaching a decade of expansion and likely will continue to be one of the top office markets in the U.S. “Denver’s office market continued full steam ahead in its ninth straight year of expansion,” according to a recently released second quarter research report from Newmark Knight Frank.…