Broadstone Montane Apartments snagged by Canada-based investor
Douglas County Property Location: 18301 Cottonwood Drive, Parker, “Broadstone Montane Apts.,” NEC Parker Road Hwy. 83 & East Cottonwood Drive Property Description: 400-unit apartment complex with 23 buildings, 484,534 sf of gross building area, plus 9,955-sf clubhouse, YOC 2018, masonry/frameconstruction Land Size: 22.16 acres Sales Price: $120M, or $300,000 per door Density: 18.05 d/u per acre Reception…
John Winslow
February 19, 2019
Lone Tree, RidgeGate Embrace Attainable Housing
Attainable housing choices are essential to metro Denver’s continued economic growth and development. In the Lone Tree/Douglas County region, the challenge is even greater given the current median home price of over $600,000 and the median apartment rental price of approximately $2,000 per month.
Building Dialogue
February 18, 2019
What’s the future of parking for multifamily projects?
In the world of planning, design, finance and development, parking has become a necessary evil. You need parking to satisfy the demands of zoning and finance, and to attract customers to a multifamily
CREJ
February 18, 2019
Quality of life remains key for Espinosa’s projects
On a January afternoon, I had the opportunity to have coffee with Joseph Espinosa, executive director of Brighton Housing Authority, and talk to him about architecture, resident services and his goal of
CREJ
February 17, 2019
Right 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, 2019
Jackson Square Properties acquires Centennial Apartments for $74.5 million
Arapahoe County Property Location: 7338 S. Havana St., Centennial, “Elevate Apartments” Property Description: 285-unit apartment complex with 10 buildings, 235,008 sf net rentable area, YOC 2018, masonry/frameconstruction Land Size: 8.04 acres Sales Price: $74.5M, or $261,404 per door Density: 35.45 d/u per acre Reception No.: D9002772 Closing Date: 1/9 Grantor: 7338 Havana Development Company (JH. Curtis Keller),…
John Winslow
February 13, 2019
Eaton Vance buys Lafayette apartments
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Kris Oppermann Stern
February 11, 2019
Jackson Square purchases Elevate apts. for $74.5M
A newly built suburban asset sold in a deal topping $261,400 per unit.
Jolene Wollett
February 11, 2019
Colewood Apartments sells for record high $525.76 per rentable square foot
Denver County Property Location: 3860 Tennyson St., Denver, “Colewood Apartments” Property Description: 49-unit, five-story apartment, 36,804 sf rentable area, YOC 2017, & 21,294 sf structured parking with 50 parking spaces Land Size: 15,863 sf Sales Price: $19.35M, or $394,898 per unit, or $525.76 psf Reception No: 2019010751 Closing Date: 1/29/2019 Grantor: RPDG Tennyson Street LLC (J. David…
Kris Oppermann Stern
February 11, 2019
Sea change in store for Flatiron Marketplace
More than 272,000 square feet of largely vacant retail space at Flatiron Marketplace will be demolished and replaced with up to 1,200 multifamily units and 14,000 square feet of ground floor retail. Broomfield City Council recently gave Dallas-based Provident Realty Advisors Inc. approval to redevelop Flatiron Crossing’s 20-acre Lifestyle District – an approximately $200 million…
Kris Oppermann Stern
February 4, 2019
