Single-family real estate offers investment opportunities
Ryan BoykinCo-founderAtlas Real Estate Group Single-family real estate is emerging as an exciting asset class, presenting savvy investors with viable investment opportunities. Current low-interest rates, combined with steady job growth, advances in technology and dissatisfaction with other investment forms, have made single-family real estate investments a lucrative and sustainable source of passive income. A 2018…
CREJ
August 30, 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, 2019Residential lots taken down by Florida homebuilder for $90,738 per lot
Arapahoe County Property Location: NEC & SEC E. Bayaud Ave. & S. Quantock St., Aurora, & SE/S S. Scottsburg Court, 50’ southwest of S. Robertsdale St. Property Description: 12 vacant, platted lots Land Size: 73,864 sf Sales Price: $1.09M, or $90,738 per lot, or $14.74 psf Reception No.: D9001437 Closing Date: 12/31 Grantor: Melcor/TC Aurora LLC Grantee: DFH Mandarin LLC…
John Winslow
January 18, 2019Hines lands Thornton’s Parterre site at E-470 & Quebec
Adams County Property Location: Southeast corner E. 152NDAve. & Holly St., Thornton, “Parterre Subdivision” Property Description: Vacant land Land Size: 765.36 acres Sales Price: $20.78M, or $27,150 per acre Reception No.: 74041 2018 Closing Date: 9/10 Grantor: Plateau 470 LLC (Claude J. Zinngrabe Jr.), c/o Fremont Realty Capital, 199 Fremont St., Suite 1900, San Francisco, CA 94105, 415-284-8500…
John Winslow
September 28, 2018Melody Homes finds gold in Bennett with 175 platted lots
Adams County Property Location: Southeast corner Penrith Road & U.S. Highway 36, Bennett Property Description: Vacant land Land Size: 24.3317 acres in 175 paper-platted lots Sales Price: $3.24M, or $3.05 psf/$18,500 per lot Reception No.: 2018000064296 Closing Date: 8/16 Grantor: Penrith Park Joint Venture LLC (Jim Marshall, mgr.) Grantee: Melody Homes Inc. Financing: Cash Comments: Lots 1-4 Block…
John Winslow
September 25, 2018Flywheel Capital assembles key site
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…
Kris Oppermann Stern
September 24, 2018Richmond American Homes takes down 39 lots in Brighton
Adams County Property Location: North corner Cherry Blossom & Azalea streets, also fronts north corner of Iris & Cherry Blossom streets, Brighton Property Description: Vacant lots (39 finished lots) Land Size: 289,497 sf, or 6.646 acres Sales Price: $2.74M, or $9.44 psf, or $70,304 per buildable lot Reception No: 66641 2018 Closing Date :8/15 Grantor: Brookfield Residential…
John Winslow
August 30, 2018Del West acquires 10 acres with plans for 54 homes
Adams County Property Location: 2405 W. 56thAve. (northwest corner Zuni St. & W. 56th Ave.) Property Description: Vacant land* Land Size: 10.143 acres (54 lots planned but not platted) Sales Price: $2.77M, or $6.26 psf, or $51,250 per buildable lot Reception No: 62272 2018 Closing Date: 7/31 Grantor: Berkeley Estates LLC, David R. Freyre & Sonrisa Holdings, Eugene…
John Winslow
August 29, 2018Office market soaring in Denver
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.…
Kris Oppermann Stern
August 22, 2018NAVA Real Estate acquires Uptown site for 249 condo units
Denver County Property Location: 575 E. 20thAve., Denver Property Description: Vacant site zoned R-MU-30 Land Size: 46,309 sf Sales Price: $7.01M, or $153.32 psf, or $28,514 per buildable unit Reception No.: 2018064897 Closing Date: 6/01 Grantor: Housing Authority of the City and County of Denver, Ismael Guerrero Grantee: NAVA Upton LLC (Brian Levitt & Trevor Hines, mgrs.),…
John Winslow
August 20, 2018