Hotels hot topic for CREJ conference

Hotels

Hotels in the Denver area boasted record revenues in June. Hotels generated $186.23 million in revenues, a 5.04 percent increase from $177.28 million in June 2017, according to the most recent report from STR, a data and analytics specialist. The revenue increase comes despite the total number of hotel room nights in the metro area…

John Rebchook

August 6, 2018

Westminster land sells for $1.15 million

Adams County Property Location: Northwest corner of W. 128thAve. & Huron St., Westminster Property Description: Vacant land Land Size: 40 acres Sales Price: $1.15M, or $28,750 per acre Reception No.: 52771 2018 Closing Date: 6/29 Grantor: Huron 128 LLC (Dr. James Guo, mgr.) Grantee: CO128H Partners LLC (Ronak Patel, mgr.) Comments: See APN: 1573-28-4-00-002. This site has…

John Winslow

August 3, 2018

Craft Cos. buys 1,011-acre Elbert County development

independence

Craft Companies LLC, a Colorado-based real estate firm specializing in the development of sustainable communities, has acquired the Independence development at Hilltop Road, and County Round 158 and County Road 5 in the northwest corner of Elbert County. The development will cover 1,011 acres with 920 single-family residential homes, parks, a school site, in addition…

CREJ

July 30, 2018

Meritage Homes snags 90.87 acres in Parker for $7.25 million

Douglas County Property Location: Northeast corner CrowfootValley Road & E. Richlawn Drive (7010 Crowfoot Valley Road), Parker Property Description: Vacant land, 267 detached homes planned Land Size: 90.87 acre Sales Price: $7.25M, or $79,784 per acre, or $27,153 per buildable lot Reception No.: 2018066166 Closing Date: 6/4 Grantor: Cherry Creek Project Water Authority Grantee: Meritage Homes of Colorado,…

John Winslow

July 2, 2018

Patience is key in $4 million deal near E. Iliff & S. Yosemite

Arapahoe County Property Location: Northwest corner of East Iliff Ave. & S. Yosemite, Denver Property Description: Land value, misc. improvements Land Size: 8.74 acres Sales Price: $4M, or $10.50 per sf Reception No: D8057177 Closing Date: 6/12 Grantor: Warren & Iliff LLC/8811 E. Iliff LLC, Steven Peckar, mgr., 303-741-6343 Grantee: Alpert Development II Inc., Scott Alpert, mgr.,…

John Winslow

June 29, 2018

Townhomes eyed for development site

Denver County Property Location: 1288 Winona Court, Denver Property Description: Land value, proposed 12 townhome units Land Size: 15,625 sf Sales Price: $1.38M, or $88 psf, or $114,583 per unit Reception No.: 2018061461 Closing Date: 5/23 Grantor: South Sloans Townhomes LLC, Leon Cisneros, mgr. Grantee: 1288 Winona Court Trust, Matthew Sanchez, 303-444-7368 Financing: $707,000 due 11-23-2018, payable…

John Winslow

June 13, 2018

Hines Interests acquires Canyons South in Douglas County for $35 million

Douglas County Property Location: Southeast side of Crowfoot Road, fronts east side Founders Parkway, northeast side of Macanta Drive Property Description: Vacant land Land Size: 2,043 acres Sales Price: $35M, or $17,132 per acre Reception No.: 2018029164 Closing Date: 5/10 Grantor: Canyons South LLC, Erik Clore, VP, Lowe Enterprises, 303-850-2406 Grantee: Canyons South Development LP, c/o Hines Development, Mark A.…

John Winslow

June 12, 2018

Brookfield Residential snags Douglas County site for $3.56M

Douglas County Property Location: Northwest or north corner of Santa Fe Drive & Happy Canyon Drive, Castle Rock Property Description: Vacant land Land Size: 8.72 Acres Sales Price: $3.56M, or $9.37 per sf, or $72,653 per lot (not platted) Reception No.: D8035086 Closing Date: 2/1/18 Grantor: United Development Cos. LLC, Daniel Sheldon, mgr., 303-771-1500 Grantee: Brookfield Residential Colorado LLC,…

John Winslow

May 9, 2018

Meritage Homes buys 146 lots in Aurora for $3.15 million

Arapahoe County Property Location: SWC E. Alameda Ave & Airport Rd, Aurora Property Description: 146 vacant lots (paper platted) Land Size: 32.818 acres with 146 lots (84 detached single-family with average of 6,098.5 sf and 62 duplex lots with an average of 3,095 sf) Sales Price: $3.15M, or $2.20 per sf, or $21,575 per lot Reception…

John Winslow

May 8, 2018

Taxi, Mickey Zeppelin’s gritty vision

Taxi

Taxi, the mixed-use brainchild of urban pioneer Mickey Zeppelin, not only sparked the Renaissance of RiNo, one of Denver’s trendiest neighborhoods, but it predated it. While the River North Art District traces its roots to 2005, the former Yellow Cab campus at 3507 Ringsby Court first caught the attention of Zeppelin, a pioneer developer in…

John Rebchook

May 7, 2018