Comp of the Day handshake image

Bread-and-butter apartment building snatched up by Texas investor

Denver County Property Location: 2880 S. Federal Blvd., Denver, “Avon Apartments” Property Description: 36-unit, three-story apartment building, 20,760 sf, YOC 1969, brick construction Land Size: 34,164 sf Sales Price: $3.45M, or $95,833 per door, or $166.19 per sf Reception No.: 2016126303 Closing Date: 9/14 Grantor: Avon Apartments LLC, Carol J. Brooks, mgr., & Peter D. Robinson…

John Winslow

October 3, 2016
Utter

Utter open for business at Citiventure

Leaving Denver is not an option for Marilee Utter. When she was offered the job in 2011 as the newly created title of executive vice president District/National Councils for the Urban Land Institute, she accepted on the condition that she would remain in Denver. “I would never leave Denver,” Utter said. She certainly has left…

John Rebchook

October 3, 2016

Inland buys Westlink

Inland Real Estate Acquisitions recently paid $63.05 million for the 244-unit Westlink at Oak Station apartment community in Lakewood. The sale price per unit for the recently developed community at 1665 Pierson St. equates to $258,402 per unit and $270.67per square foot. It marks Inland’s first purchase on the West side of the Denver metropolitan […]

John Rebchook

October 3, 2016
Tebo

Tebo makes 1st apartment buy

Stephen Tebo is “Mr. Boulder,” when it comes to commercial real estate. Since he began his real estate investment in 1973, his namesake company, Tebo Properties’ portfolio has grown to more than 300 properties. The majority of the more than 3 million square feet of office, retail and industrial space controlled by Tebo Properties is…

John Rebchook

October 3, 2016

Nor’wood, Springs Rescue Mission bring permanent supportive housing to city

The partnership will build Greenway Flats, a 65-unit apartment property will not only provide housing to individuals experiencing chronic homelessness but also wraparound supportive services for residents.

Jennifer Hayes

October 2, 2016
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Camden USA acquires 2.44-acre site in RiNo for 232 apartment units

Denver County Property Location: 3200-3220-3254 Walnut St., & 3235 Larimer St., Denver Property Description: 11,880-sf warehouse, YOC 1973; 29,432-sf, two-story factory, YOC 1958; masonry; 11,676-sf warehouse, YOC 1913, brick, 8,368-sf warehouse, YOC 1928, brick (land value) Land Size: 106,294 sf Sales Price: $15M, or $141.12 per sf (land value), or $64,655 per buildable unit Reception No.:…

John Winslow

September 30, 2016
Ash St.

Taylor Kohrs builds Ash Street Apartments, affordable MF

Taylor Kohrs recently began construction on Ash Street Apartments, the latest affordable multifamily housing project developed by Koelbel and Co. and Mile High Development. Completion is slated for May.

Kris Oppermann Stern

September 22, 2016
Comp of the Day handshake image

Houston Apartment developer snaps up 2.44 acres in RiNo for $15M

Denver County Property Location 3200-3220-3254 Walnut St., & 3235 Larimer St., Denver Property Description: 11,880-sf warehouse, YOC 1973; 29,432-sf, two-story factory, YOC 1958; masonry; 11,676-sf warehouse, YOC 1913, brick, 8,368-sf warehouse, YOC 1928, brick (land value) Land Size: 106,294 sf Sales Price: $15M, or $141.12 per sf (land value), or $64,655 per buildable unit Reception No.:…

John Winslow

September 21, 2016
Carriage House

Student housing properties trade for $12 million each

A pair of student housing properties next to the Colorado State University campus sold in a $24 million deal that set a new high-water mark. Catamount Properties Ltd. sold the Carriage House Apartments, a 54-unit, 94-bed property at the southwest corner of the campus, and Pura Vida Place, a 52-unit, 100-bed property at the campus’s…

Jill Jamieson-Nichols

September 19, 2016
skyhouse ext

SkyHouse Denver: Built for Speed

Though the complexities of building a modern high-rise are many, the challenge of doing it better and faster than before has long been the spirit that drives success in an ultracompetitive market.

Building Dialogue

September 19, 2016