The Bell Tower: A Denver whale site & design riddle
Steve Ferris, Founder and principal, Real Estate Garage, Denver This the first in the series on Denver’s “Whale Sites,” defined as extremely prominent underdeveloped land parcels whose size and location will influence Denver’s future growth and development. Examples include the Bell Tower site, Aquarium Parking Lots, Burnham Yard, the former Denver Post Printing Site and…
CREJ
April 3, 2017NAIOP Colorado honors top commercial real estate talent
Photos courtesy of NAIOP Colorado, www.NAIOP-Colorado.orgNAIOP Colorado honored the Denver area's top commercial real estate talent and projects for 2016 at its 20th annual Awards of Achievement at the Denver Center for the Performing Arts Feb. 23. A total of 450 people attended the annual gala. Award winners and finalists were: Award of Excellence Kevin C.…
Kris Oppermann Stern
April 3, 2017Mathieson takes on critics
Developer Michael Forbes Mathieson could write a book. Mathieson, a Denver infill developer, recently posted a flurry of missives on social media sites responding to critics of his $12 million, five-story, 47-unit apartment building under construction in Denver’s increasingly trendy Berkeley neighborhood. From last fall to last month, Mathieson has posted at least 3,422 words…
Kris Oppermann Stern
April 3, 2017Denver investor buys Club Commons in Snowmass
JIP-Snowmass LP paid $7.45 million, or $206,944 per unit, for Club Commons.
Jolene Wollett
April 2, 2017Triumph Properties Group makes its Denver debut
The Villas at Holly transaction was closed on an all-cash basis in 37 days.
Jolene Wollett
April 2, 2017Stonegate apts. sell for $86 million
Stonegate, a 350-unit garden-style community on 24 acres at 11815 Ridge Parkway in Broomfield, is Summit Management Services’ first purchase in the Broomfield/ U.S. 36 corridor, an area where it has been pursuing growing its holdings.
Jolene Wollett
April 2, 2017Factoring transportation costs into affordable housing equation
According to a report by the University of Texas at Arlington, the metro Denver area is near the top when it comes to providing affordable housing that doesn’t break the bank when it comes to residents’ annual cost of transportation.
CREJ
March 31, 2017Denver’s Baker addition apartments fetch $216,667 per door
Denver County Property Location: 245 Bannock St., Denver Property Description: 15-unit, three-story apt. building w/11,517 sf, YOC 1963, brick construction (11 two-bedroom units and four one-bedroom units) Land Size: 8,875 sf Sales Price: $3.25M, or $216,667 per door, or $282.19 per sf Reception No.: 2017033936 Grantor: 245 Bannock LLC, Daniel J. Longo, mgr. Grantee: Triple J Denver…
John Winslow
March 31, 2017Senior housing event is April 20
There is no simple answer to sum up the state of the senior housing industry along the Front Range. “It’s a big market with 10 different product types,” Elisabeth Borden told me. Borden, principal of The Highland Group, a consulting group in Boulder that provides research, planning and marketing solutions for senior housing and care…
Kris Oppermann Stern
March 30, 2017CBRE Research forecasts solid growth, strong appetite for Denver assets
Growth in Denver's economy and most commercial real estate product types will continue through 2017, according to CBRE Research's 2017 Denver Market Outlook. In the office sector, more than 2.2 million square feet of speculative construction is expected to deliver in 2017, 1.9 million sf of it in suburban markets. With just 26 percent of new product preleased at…
CREJ
March 28, 2017