Seasoned Denver apartment investor snaps up 2.4-acre Lakewood site
Jefferson County Property Location: 2300-2324 Kipling St., Lakewood Property Description: 2,767-sf office building, YOC 1959; 2,061-sf retail building, YOC 1971, & three miscellaneous buildings, YOC 1938-2003 Land Size: 2.4 acres, or 104,544 sf Sales Price: $740,000, or $7.04 psf, land value Reception No.: 2017014448 Grantor: The Robert G. Woodward Family Trust, Eleanor Ann Woodward, tr. Grantee: Kipling Rustic…
John Winslow
February 16, 2017
Harms hammers out jobs at PCL
Like a lot of people, Mike Harms was thrilled last year when the Chicago Cubs won the World Series. Harms had a bit of a different reason to cheer the Cubs ending its 108-year championship drought, though. Before returning to Denver, almost exactly a year go, Harms had played a key role in the $575…
Kris Oppermann Stern
February 16, 2017
Denver Highland site commands $106 per square foot
Denver County Property Location: Adjacent southeast corner West 29th Avenue & Federal Boulevard, 2918-2924 W. 29th Ave. & 2830 Federal Blvd., Denver Property Description: Vacant land Land Size: 35,389 sf Sales Price: $3.75M, or $105.97 psf, or $31,250 per buildable unit Reception No.: 2017018007 Grantor: 529 Washington LLC c/o William Seward Grantee: 29th Street Apartments LLC, c/o Reid…
John Winslow
February 14, 2017
Castle Pines’ only apt. property sells for $77.25M
Magellan Investment Partners LLC and Kinship Capital acquired the Advenir at Castle Pines community, renamed the Avant at Castle Pines, for $77.25 million, according to public records.
Jolene Wollett
February 12, 2017Timber Lodge Apartments sell for $40.53 million
Adams County Property Location: 1769 Coronado Pkwy., Thornton, “Timber Lodge Apts.” Property Description: 390-unit, three-story apartment, 276,580 sf, YOC 1972, frame construction with brick/vinyl siding, 15 buildings Land Size: 12.48 acres Sales Price: $40.53M, or $103,910 psf or $146.52 psf Reception No.: 201700008550 Grantor: Coronado Parkway LLC c/o Investors Management Group (IMG), Neil Schimmel & Steven Shipp, mgrs., 310-473-7900…
John Winslow
February 2, 2017
Rebchook Real Estate Corner brought to you by CREJ
Rebchook Real Estate Corner is a new column by John Rebchook that can be found at CREJ.com. Welcome to my new commercial real estate column at CREJ.com Jon Stern, owner and publisher of CREJ, has given me the opportunity to look under the hood of all aspects of commercial real estate with my column, the Rebchook…
Kris Oppermann Stern
January 31, 2017
Helios Apartments sell for $69.9M
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Jolene Wollett
January 29, 2017
Griffis/Blessing buys apts. for $85.3M
Griffis/Blessing Inc. ended 2016 with a pair of multifamily investments totaling $85.3 million in the metro Denver market.
Jolene Wollett
January 29, 2017
GHC Housing acquires Capitol Hill/Midtown apartment portfolio for $19.5M
Denver County Property Location: 701 E. 14th Ave., 1420 Washington St., 1746 Clarkson St., 1825 Logan St., 1920-1928 E. 17th Ave. & 1667 Race St., 1901-1921 E. 16th Ave., 1601 E. 17th Ave., Denver Property Description: Six apartment buildings, total of 121 units with 69,121 sf Land Size: 67,655 sf, total of seven parcel numbers Sales…
John Winslow
January 23, 2017
ULI Emerging Trends ranks Denver 11th
Denver didn’t quite make the Top 10 list in the latest Emerging Trends report released by the Urban Land Institute. Instead, Denver ranked No. 11 in the markets to watch in 2017. In the 2016 Emerging Trends report, Denver ranked No. 6. The report — compiled annually by ULI and PwC based on interviews and…
Kris Oppermann Stern
January 18, 2017
