Economist Creighton leaves legacy

Creighton

In 1990, my business editor at the Rocky Mountain News, the late Lynde McCormick, described economist Lucy Black Creighton as “perhaps the best known of Denver’s businesswomen.” Creighton, a pioneer and prominent economist in Denver, died on Christmas. A memorial service was held Monday. Creighton, who died peacefully in Denver at age 91, was a…

John Rebchook

January 10, 2019

Bullish Calbert moderating CREJ leaders panel

Calbert

During his 45-year career, Brad Calbert has been in the trenches for every boom, bust and commercial real estate cycle between the two extremes in Denver. As a commercial real estate broker, Calbert has been involved in the sale or finance of more than 150 transactions that totaled more than 30 million square feet. Calbert's…

John Rebchook

January 7, 2019

Color Book hit for JVA

color

Color me impressed. I recently attended a press conference at a downtown Denver hotel updating the market branding efforts underway in Winter Park. While waiting for the speakers to kick off their presentations, I wandered over to tables represented by vendors in the construction and development trades. I ignored the commemorative pens and lip balm…

John Rebchook

January 3, 2019

CREJ retail conference coming

retail

Denver's retail scene stacks up well compared to other trendy cities across the country. The latest CBRE retail report compared Denver, by a number of metrics, to other cities as well as to the U.S. “Compared to peer markets, Denver’s retail growth is reasonable and its absorption of space is hearty,” according to the CBRE…

John Rebchook

December 17, 2018

JJK blazes social impact RE trail

JJk

JJK Places, a “hybrid” development company, hopes to do well by doing good. JJK Places, a “social impact real estate” development and consulting company, is headed by veteran real estate developer Will Kralovec. Before founding JJK and serving as its president and managing partner, Kralovec was the director of master site development at the Denver…

John Rebchook

December 14, 2018

Silverstein – record industrial year in 2018

Silverstein

The three main commercial real estate food groups – office, industrial and retail – this year added what is believed to be a record 12.8 million square feet. Those are the preliminary numbers crunched by economist Patty Silverstein. “That is huge, absolutely huge,” said Silverstein, president and chief economist of Development Research Partners. Silverstein, who is…

John Rebchook

December 12, 2018

Recession coming in 2019, Arsenault predicts

recession

More than two years ago, addressing 550 real estate experts attending a Colorado Real Estate Journal multifamily conference, Marcel Arsenault predicted the next recession in the United States would take place in 2019. Arsenault, chairman, CEO and founder of Real Capital Solutions,  correctly predicted the Great Recession. Real Capital Solutions is one of the largest privately…

John Rebchook

December 10, 2018

Opportunity zones’ tax-free potential

Opportunity zone

Opportunity zones can spell opportunity for real estate investors and developers in Colorado and nationwide. Congress created opportunity zones last year to jump-start economic growth in low-income and other neglected areas. Interest in the program really started to perk up after the Treasury Department issued guidelines in October on the program, which offers tax incentives…

John Rebchook

December 7, 2018

Winter Park development taking off

Winter Park

Winter Park is at ground zero of a development blitz. Developments that are either about to take off or are on the drawing board are expected to put the ski resort that serves the Front Range on the map. What is happening at Winter Park reminds developer Walter “Buz” Koelbel of the growth around Union Station…

John Rebchook

December 4, 2018

Thankful commercial RE experts

thankful

Thanksgiving is a time to be thankful for all of your blessings…and to eat too much turkey! One thing is for certain, though. Denver’s commercial real estate market is no turkey. With Thanksgiving just around the corner, I thought a holiday Rebchook Real Estate Corner column should be on the table. With a nod to…

John Rebchook

November 15, 2018