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Comp of the Day handshake image

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, 2017

Timber 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
Comp of the Day handshake image

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
Emerging Trends

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
Alister

CBRE team handles year-end apartment sales

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 […]

Kris Oppermann Stern

January 16, 2017
Wheat Ridge

Clear Creek Crossing taking off

When Tyler Carlson, who heads the Denver office for Phoenix-based Evergreen Devco Inc., approached Cabela’s in the spring of 2015 about buying the prime, but underutilized 108-acre site in Wheat Ridge, he knew that it wouldn’t be developed into a retail center, as the hunting, fishing and camping giant had envisioned a decade earlier. “Cabela’s…

Kris Oppermann Stern

January 16, 2017