The company that developed the Peloton in Boulder has the prized 432-acre property in Louisville under contract that is owned by energy giant Phillips 66, the Colorado Real Estate Journal has learned. Bancroft Capital, based in Manhattan Beach, California, appears to have agreed to pay $50 million for the land off U.S. 36, which is…

Magnolia Capital paid a reported $124 million, or $220,640 per unit, for Griffis North Metro, a 562-unit apartment community at 12255 N. Claude Court.

The first commercial building will emerge soon at North Park in Broomfield, and it’s only a small part of things to come. The 152,761-square-foot flex building isn’t being built in isolation but rather as a component of the 1,100-acre master-planned community stretching from the Northwest Parkway to Highway 7 on the west side of Interstate…

If you had a blank suburban canvas and had a checklist for a first-class apartment community, it would be hard to beat the 9.89-acre site that is home to Solana Lucent Station. Solana Lucent Station is truly at Main & Main. Site plan for the Solana Lucent Station. Notice how close the future light-rail station…

New York City-based Rivendell Global Real Estate paid $44.5 million, or $229,381 per unit, for the Commons at Briargate – the highest price per unit ever recorded regardless of vintage for the sale of a Colorado Springs apartment community.

Denver County Address or Location: 2650 Welton St., Denver, “Rossonian Building” Improvements: 21,480 sf, three-story office building, YOC 1910, masonry Land Size: 7,322 sf Date of Recording: 8/16 Reception No.: 2017108304 Price: $6M, or $279.33 psf Grantor: Carl Bourgeois Grantee: 2650 Welton St. LLC c/o Palisades Partners, Paul L. Books, ptnr. Financing: $4M payable to…

Jackson Square Properties, which specializes solely in the purchase and ownership of apartment properties, purchased the 328-unit community from a joint venture between Denver-based Griffis Residential and PCCP LLC. 

Douglas County Address or Location: 410 Black Feather St., Castle Rock, “Black Feather Apts.” Improvements: 83-unit, five building apartment complex, 113,970 sf (gross), YOC 2016, with four garage buildings totaling 15,767 sf Land Size: 5.751 acres Date of Recording: 8/1 Reception No.: 2017052217 Price: $23.25M, or $280,120 per unit, or $204 psf Grantor: BF Investments…

The firm paid $6.75 million for 1295 Race St. in Denver, also known as the Campbell Stone Memorial Residences, an income- and age-restricted community – located across the street from its Metropolitan Apartments, a mixed-age and -income property. 

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…