Capital pursues Denver, driving record pricing
Last year was a year to remember. Office transaction volume exceeded $3 billion, driven by 14 downtown sales totaling $1.35 billion; a substantial increase from 2017 when only seven transactions
CREJ
March 18, 2019Light rail impacts various submarkets differently
Transit-oriented development continues to be a hot topic of conversation among all stakeholders in commercial real estate in the Denver area. As our population grows and traffic congestion worsens,
CREJ
March 17, 2019The Shoppes at Highpointe sells for $15M
The retail center at Interstate 25 and East Hampden Avenue – at one of the highest elevations in Denver – recently sold for $15 million, or $614.70 per square foot.
Jolene Wollett
February 18, 2019Right of first refusal ordinance brings complexities
The city of Denver predicts that nearly 2,000 apartment units within the city and county limits are at risk of converting from affordable-restricted units to market-rate units in the coming years; potentially
CREJ
February 17, 2019Equity adds Eviva with $110.5 million buy
Equity Residential, which re-entered the Denver multifamily market last year, added a third asset to its local portfolio with its purchase of Eviva on Cherokee.
Jolene Wollett
February 3, 2019Lodo’s Bar and Grill locations sell
A joint venture acquired three Lodo’s Bar and Grill locations across the metro Denver area.
Jolene Wollett
January 27, 2019Ready Capital closes financing for Uptown office bldgs.
Ready Capital closed a $25.1 million, nonrecourse, interest only, floating-rate loan for the purchase and renovation of the approximately 167,000-square foot, two-building Class B office portfolio in Denver.
Jolene Wollett
January 13, 2019Exploring Denver’s opportunity zones with off-market data
Opportunity zones are taking the nation by storm – and Denver is no exception. As part of the 2017 Tax Cuts and Jobs Act, opportunity zones are a new government program created to incentivize investment and
CREJ
January 5, 2019Jacobson Co. enters Colo. market with Velo, Modern apts.
A Los Angeles-based private investment company made its foray into the Colorado multifamily market with the purchase of more than $88 million in properties.
Jolene Wollett
December 28, 2018A discussion about the downtown Denver market
I teamed with Sam DePizzol, Newmark Knight Frank’s executive managing director, to discuss market insight and highlights of downtown Denver’s office market.
CREJ
December 22, 2018