Wheat Ridge infill site targeted for townhomes sells for $1.35M

Jefferson County Property Location: 4000 Upham St., Wheat Ridge Property Description: Residential Improvements, planned for multifamily development (42 townhomes) Land Size: 2 acres Sales Price: $1.35M, or $15.50 psf, or $32,143 per buildable unit Reception No.: 2018053485 Closing Date: 6/13 Grantor: Nodef Colorado Inc. (Yitzchak Tessler, pres.) Grantee: Upham Partners LLC (Anthony Del Grippo, mgr.),…

John Winslow

August 8, 2018

Brighton residential lots sell for $3.38 million, or $21,000 per lot

Adams County Property Location: Vicinity of SWC Baseline Road & North 60thStreet, Brighton Property Description: Vacant land Land Size: 24.182 acres totaling 161 residential lots Sales Price: $3.38M, or $21,000 per lot, or $3.21 psf Reception No.: 55638 2018 Closing Date: 7/10 Grantor: Kings CO LLC (Joel H. Farkas, mgr.) Grantee: Richmond American Homes of Colorado Inc.…

John Winslow

August 6, 2018
Hotels

Hotels hot topic for CREJ conference

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
independence

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

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