Pinnacle Real Estate Advisors LLC announced the sale of a 12-unit apartment building in Arvada. The seller paid $1.55 million, or $129,167 per unit, for the building constructed in 1959 at 9990-10000 W. 59th Ave. Pinnacle did not release the name of the buyer or the seller. The building is just east of Kipling Street…

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…

Koelbel & Co. began buying land near what was then the Lowry Air Force Base in the late 1970s and early 1980s. “It was a B-minus or a C-plus location,” recalled Walter “Buz” Koelbel, president of his namesake, family owned real estate development dynasty. The 190-acre site, around a large, but hidden, lake became the…

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Boulder County Property Location: 3100 Pearl St., Boulder, “Solana Apartments” Property Description: 319-unit, four-story apartment complex, 273,131 sf, YOC 2014, brick/stucco/panel siding, 341 garage parking spaces, including 41 oversized spaces Land Size: 4.19 acres Sales Price: $136M, or $426,332 per unit, or $497.93 psf Reception No.: 03553882 Closing Date: 10/28 Grantor: Pearl Street Apartment Investors LLC…

Arapahoe County Property Location: North corner of S. Chambers & E. Briarwood Circle, Aurora Property Description: Vacant, proposed multifamily Land Size: 198,405 sf, or 4.56 acres Sales Price: $1.18M, or $5.92 psf Reception No.: D6122900 Closing Date: 10/26 Grantor: BRE DDR Cornerstar CO LLC, Kenneth L. Stern, SVP Grantee: Second Act Residences LLC, Steven Kreisman, mgr.,…

Denver County Property Location: Adjacent to the SWC of Inca St. & W. 41st Ave. (4001 Inca St.), Denver Property Description: Vacant land, plans for 125 for-sale units Land Size: 43,885 sf Sales Price: $3M, or $68.36 psf Reception No.: 2016141995 Closing Date: 10/13 Grantor: Hainey Family LP, RLLLP, Margaret K. Hainey, ptnr. Grantee: CD-Inca…

First National Denver long has provided commercial real estate loans to acquire and refinance offices, retail, warehouses, apartments, motels and hotels. Now the community bank, whose parent, First National Bank of Santa Fe was chartered in 1870, making it the first bank in the Southwest, is expanding into affordable housing. First National Denver plans to…

Most people know Castle Rock isn’t the sleepy bedroom community it used to be, but many people attending a recent commercial real estate event were amazed to hear Economic Development Council President and CEO Frank Gray detail the level of development going on in the town. Besides the 1 million-square-foot Promenade at Castle Rock underway…

The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…