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Hines, investment partner break ground on RiNo project

Hines, along with investment partner Cresset-Diversified QOZ Fund, has commenced construction on Residences at RiNo, a 397- unit, luxury, for-rent apartment community at the entryway of Denver’s River North Arts […]

Jolene Wollett

November 1, 2020

Central Denver apts. trade for $140 million

A joint venture between Urban American and Madison International Realty purchased a “one-of-a-kind” asset – the largest value-add apartment community in central Denver. The partnership paid a reported $140 million, […]

Jolene Wollett

October 19, 2020

Lowry apartments sell for $105 million to Ohio-based buyer

An Ohio-based buyer paid $105 million for a newly built Lowry multifamily community at a record-setting mark for a Denver metro garden apartment property. The Connor Group added to its […]

Jolene Wollett

October 12, 2020

Pembrooke apartments sell for $163 million

A Salt Lake City-based real estate investment management firm added to its Colorado holdings with the highest-priced multifamily deal to close to date this year in the Denver metro area. […]

Jolene Wollett

October 5, 2020

Industrial property sells as part of national portfolio deal

Ascent Commerce Center, a speculative Class A warehouse/ distribution center in Commerce City, was sold as part of an eight property, 4.7-million-square-foot industrial portfolio to PGIM Real Estate. Crow Holdings’ […]

Jolene Wollett

September 21, 2020

Vacant Salvation Army facility sells for $6M to developers

A longstanding flex property in Globeville sold to a buyer experienced in redevelopment. Wolf | Stutz Investments, headed by developers Ken Wolf and Ari Stutz, whose prior projects have included […]

Jolene Wollett

August 23, 2020

Pepsi lease kicks off Pecos Logistics Park

PepsiCo’s lease has popped the top on the Pecos Logistics Park project. PepsiCo Beverages North America signed a 283,500-square-foot lease at the 66-acre infill logistics park under construction at the […]

Jolene Wollett

August 17, 2020

Strong fundamentals to help us thrive post-pandemic

In the middle of March, the COVID-19 pandemic took over the U.S. and abruptly stopped the world’s largest economy, with no certainty of what could happen next. Mass layoffs occurred quickly in the restaurant and


August 11, 2020

EverWest, Invesco acquire 25 North spec industrial project

Denver-based EverWest Real Estate Investors purchased 25 North, a speculative industrial project designed to meet North Denver’s need for move-in-ready, Class A space. EverWest purchased the two-building, 219,200-square-foot property as […]

Jolene Wollett

August 10, 2020

Denver’s decade-long rent growth ends in second quarter

For the first time in more than a decade, the Denver apartment market saw declining year-over-year rent growth, according to the Apartment Association of Metro Denver’s quarterly Denver Metro Area Apartment Vacancy and Rent Survey. The second-quarter survey, conducted by the University of Denver’s Daniels College of Business and Colorado Economic Management Associates, noted that compared to second-quarter 2019, average rent decreased to $1,506 per month, a $30 monthly decrease and a $360 annual decrease. This represents an inflation-adjusted 2.1% decrease in rents. The last time rents were lower than the period 12 months earlier was in the first quarter of 2010.

Jolene Wollett

August 3, 2020