When a developer is planning to build a for-sale or for-rent multifamily property, there are many cost-saving design-solutions that can be implemented from start to finish. Knowledgeable and experienced architects and planners know where to look for creative approaches that can shave substantial costs from a project’s bottom line and increase profits.

The recent coronavirus pandemic and associated social distancing guidelines have caused numerous negative effects on our economy, not the least of which is the loss of an unprecedented number of jobs

A multifamily property in Greeley sold for $12.9 million. Black Point Capital LP purchased Bears Village Apartments, a 98-unit complex just blocks from the University of Northern Colorado at 509 […]

It has been approximately one month since the “COVID-19 emergency” was declared by President Donald Trump. It still is too early to fully understand the impacts the COVID-19 emergency will have on

We are living through historic and unprecedented times. Never before have we experienced the level of economic uncertainty that exists today due to the impacts of the novel coronavirus. While

Alliance Construction Solutions recently topped out the Sheridan Station Apartments, an eight-story affordable housing project in west Denver. Designed by Johnson Nathan Strohe, the $29 million project is being developed by Mile High Development and Brinshore Development.

Multifamily housing performed exceptionally well over the course of this cycle, driven by the affordability of renting an apartment relative to owning a single-family house, and the younger generations’

A California investment group made its first Colorado acquisition with its purchase of a value-add Colorado Springs apartment community. PLC Apartments of Newport Beach, California, paid $21.9 million, or $130,357 per unit, for The Centre Apartments. Located at 1921 E. Van Buren St., the 168-community, built in 1952, was a sought-after asset by both in-…

An 11.3-acre site in Arista sold to an apartment developer for $7.2 million. STAR Broomfield LLC, which is affiliated with Steadfast Cos., purchased the vacant land along the east side of Wadsworth Boulevard between Arista Place and Parkland Street for a 325-unit development recently approved by Broomfield City Council. Irvine, California-based Steadfast Cos. owns and…

It’s a new high watermark for multifamily in the Colorado Springs market. The Champions at Norwood apartment community recently sold at the highest total sales price and second-highest per-unit price ever for a multifamily asset in the Southern Colorado city. According to public records, Champions TIC I LLC paid $86.8 million for the 332-unit community…