Investor sentiment remains strong despite hurdles
Multifamily housing performed exceptionally well over the course of this cycle, driven by the affordability of renting an apartment relative to owning a single-family house, and the younger generations’
CREJ
May 3, 2020The Flats on 32nd apt. community sells for $7.5 million
The Flats on 32nd, a 37-unit multifamily community in Denver, recently traded for $7.5 million. JDSM W 2860 32nd Ave LLC purchased The Flats on 32nd from Shinji Wakura, according to public records. Located at 2860 W. 32nd Ave., The Flats on 32nd comprises 10 studios, five one-bedroom and 22 two-bedroom units. The exterior walk-up…
Jolene Wollett
April 27, 2020JLL arranges $125M loan for The Quincy
A $125 million loan was arranged for a newly built residential high-rise in the heart of downtown Denver. JLL Capital Markets worked on behalf of the borrower, a joint venture between 1776 Curtis LLC and Pacific Life Co., to secure the 10-year loan for The Quincy, a 359-unit Class A property at Curtis and 17th…
Jolene Wollett
April 13, 2020How Denver’s green plans impact your buildings
As buildings owners and managers, you have the responsibility to make impactful decisions on building dynamics. In a survey of 1,700 Denver citizens, 93% agreed that Denver should take aggressive local
CREJ
April 3, 2020JLL arranges $81.1M loan
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Jolene Wollett
March 16, 2020Keeping Denver on the menu
After enjoying consecutive years as one of the hottest markets in the country for investment and corporate real estate relocations and expansions, it appears there is a sense of market maturity among
CREJ
March 16, 20202020 vision: Economic forecast for metro Denver
Is our vision crystal clear or clouded by contradictory information in 2020? Slower growth in China and other key trading partners, tariffs and trade disputes, market disruptions due to COVID-19 and
CREJ
March 16, 2020Technology sector influences creative office space
Over the past few decades, technology has grown explosively, becoming ubiquitous in our professional and personal lives. As an economic engine, the technology sector is potent – a fast-growing, high-wage,
CREJ
March 15, 2020Former Denver Medical Depot to undergo adaptive reuse, designed by Tryba
Tryba Architects is the lead designer in the renovation and adaptive reuse of the former Denver Medical Depot, which is located at East 38th Avenue and Steele Street in Denver’s Clayton neighborhood. ScanlanKemperBard recently purchased the 482,700-square-foot industrial warehouse, which sits on a 32-acre site, for $76.6 million. Hyder Construction is the general contractor tapped for the project, which will begin this spring.
Kris Oppermann Stern
March 9, 2020Partnership purchases Torrey Pines for $46.2 million
Real estate investment firms Marble Partners and Lion Real Estate Group came together for the $46.2 million purchase of Torrey Pines. The partnership purchased the 235-unit community at 7575 E. Arkansas Ave., at the intersection of East Florida Avenue and Quebec Street, south of the Lowry redevelopment, in Denver from Vukota Capital. Dan Woodward, David…
Jolene Wollett
March 8, 2020