Gelt pays $145.5M for Lakewood apts.
A Los Angeles-based real estate investment and asset management firm boosted its metro Denver apartment portfolio with its $145.5 million buy of the Kallisto at Bear Creek community. Gelt Inc. paid $308,263 per unit for the 472-unit community at 2605 S. Miller Drive in Lakewood. “Gelt has been attracted to the Denver market because the…
Jennifer HayesFebruary 10, 2020
Lakewood project repurposes blighted property
“I am not sure there is any greater impact on a community and on personal lives than taking a blighted, contaminated, vacant, unattractive building and turning it into a vibrant, beautiful space
CREJNovember 24, 2019
Union Walk sells for $5.03 million
A fully leased Lakewood retail center sold for $5.03 million. California-based buyer Union Walk Central LLC purchased the Union Walk Retail Center at 180 S. Union Blvd. from the Matrix Group Inc. Union Walk Retail Center comprises 11,978 square feet. Constructed in 2006, it is home to a variety of tenants, including Bruegger’s Bagels, Floyd’s…
Jennifer HayesOctober 27, 2019
How local growth restrictions impact affordability
Bob Dylan’s “The Times They Are a-Changin’” title track is not only the most powerful pre-electric album, but also it is the perfect anthem for today’s metro Denver – the population is exploding,
CREJMay 12, 2019
Orion adds Eagle Crest Apartments to local holdings
Eagle Crest Apartments comprises a mix of one-, two-, three- and four-bedroom units.
Jennifer HayesFebruary 24, 2019
Castle Lanterra Properties adds to Denver portfolio
The New York-based firm paid $38.5 million for The Ranch at Bear Creek, a 201-unit community at 3324 S. Field St. in Lakewood.
Jennifer HayesMay 24, 2018
Lakewood community sells for $124M
The Village at Bear Creek sold for $124 million, according to public records.
Jennifer HayesMarch 25, 2018
Inland adds Union West for $81 million
Inland paid more than $303,000 per unit for the 267-unit community at 35 Van Gordon St. in Lakewood.
Jennifer HayesDecember 29, 2017
Clock ticking on GSA auction of 59-acre TOD site in Lakewood
Clickbait. The clock is ticking on an online auction to buy 59 acres of high-profile, transit-oriented development land being sold by Uncle Sam. Sort of. The GSA is auctioning this prime site in Lakewood online, but the auction faces some headwinds. The current deadline for the auction for the land in the Denver Federal Center…
John RebchookAugust 23, 2017