LoHi apartment sales top $400,000 per unit
The properties, Infinity LoHi and Centric LoHi, located in the coveted LoHi neighborhood of Denver, recently sold in separate transactions at prices topping $400,000 per unit.
Jolene Wollett
December 20, 2018Plain and simple: Colorado needs more housing
We face real challenges to the affordable housing issue. In both the public and political arena, the increase in demand for attainable housing, coupled with hurdles to create more housing, is a growing problem.
CREJ
November 26, 2018A Q&A about the Denver multifamily market
In October, Newmark Knight Frank Multifamily Vice Chairman Shane Ozment emceed and presented at Colorado Real Estate Journal’s 2018 Fall Multifamily Conference. Ozment, specializing in the marketing and sale
CREJ
November 23, 2018Dispelling the myth: Downtown is not overbuilt
With 10,200 apartment units either under construction or in planning in downtown Denver (according to Apartment Insights’ third-quarter data), many are speculating that the market is overbuilt. Ten thousand is a big number –
CREJ
November 19, 2018Value-add portfolio in Cherry Creek sells to Laramar Group
Chicago-based Laramar Group purchased the portfolio, which comprises The Rise at Cherry Creek at 848 S. Dexter St., The Edge at Cherry Creek at 4600 E. Kentucky Ave. and The Vue at Cherry Creek at 4805 E. Kentucky Ave. in Denver.
Jolene Wollett
November 18, 2018Ridge at Thornton Station sells for $71.9M
Waterton, according to Adams County public records, paid $71.9 million for the 280-unit garden apartment community, which was sold by Real Capital Solutions.
Jolene Wollett
November 11, 2018Esprit at Cherry Creek apartments sell for $93 million
Built in 1974, Esprit at Cherry Creek comprises one- and two-bedroom units in nine buildings.
Jolene Wollett
October 21, 2018California Mall building subject of refinance loan
Holliday Fenoglio Fowler LP refinanced the California Mall building, a 42,890-square-foot, fully leased, multitenant building along the 16th Street Mall in downtown Denver.
Jolene Wollett
September 30, 2018Headquarters activity in Denver remains robust
Denver’s office market continued full steam ahead, as year-to-date absorption rose to 1.1 million square feet in the second quarter, which nearly equals the 1.2 million sf absorbed in the entire 12 months of 2017. The
CREJ
September 24, 2018Metro Denver value-add apartments sell for $48.25M
CBRE recently completed the sale of two metro Denver valueadd apartments, which were sold by FPA Multifamily LLC of San Francisco.
Jolene Wollett
September 21, 2018