Comp of the Day handshake image

140-unit affordable housing community sells for less than $150,000 per door

Denver County Property Location: 3001 Fox St., Denver, “Diamond at Prospect Apartments” Property Description: 140-unit, 4-story apartment complex, 123,064 sf, YOC 2005; 64 one-bedroom units; six two-bedroom/one-bath units; 63 two-bedroom/two-bath units & seven three-bedroom/two-bath units Land Size: 2.21 acres Sales Price: $20.5M, or $146,429 per door Reception No.: 2016092476 Closing Date: 7/12 Grantor: MS Reserve Prospect…

John Winslow

July 20, 2016
Comp of the Day handshake image

DIA TOD site sells to MGL for $2.2 million

Denver County Property Location: NEC Salida Way & East 61st Avenue, Denver, “TOD site” Property Description: Vacant land, 218-unit apartment complex with 3-story buildings and tuckunder parking to be developed toward the end of 2016 Land Size: 6.52 acres Sales Price: $2.2M, or $7.75 per sf, or $10,092 per buildable unit Reception No.: 2016093136 Closing Date:…

John Winslow

July 19, 2016
Westminster

Westminster development unveiled

Construction is underway at the City of Westminster’s first mixed-use, transit oriented community at Westminster Station, set to open on July 25, officials announced on Monday,  Alto, a 70-unit affordable apartment development, is the first of several buildings planned by Adams County Housing Authority (ACHA) n a 6.5-acre parcel at the northwest corner of 71st […]

John Rebchook

July 18, 2016
aparmtents

Joule sets record sales price

The Joule, a 224-unit, 16-story building at 1000 Speer Blvd., certainly showed a lot of energy, carving out a record sales price per unit, in a crowded field of luxury apartment communities.

John Rebchook

July 18, 2016
Winslow Report

The Winslow Report 7-20-16

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…

John Winslow

July 18, 2016

New owner to take Palo Verde apartments to new heights

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Jennifer Hayes

July 16, 2016
Comp of the Day handshake image

New Jersey developer acquires Highland site for $155.71 per sf

Denver County Property Location: 2800-2826 W. 29th Ave., Denver Property Description: Misc. improvements, plan to construct 117 units Land Size: 21,675 sf Sales Price: $3.38M, or $155.71 per sf, or $28,846 per buildable unit Reception No.: 2016089416 Closing Date: 7/6 Grantor: Carmen Real Estate LLC, by: Sagebrush Companies, Todd Heinzeroth, mgr., 303-866-0011, or Don Caster, 303-800-8152…

John Winslow

July 13, 2016
Comp of the Day handshake image

RiNo site for proposed micro apartments brings $112 per sf

Denver County Property Location: North corner of Wynkoop & 36th streets, Denver Property Description: Vacant land, 84 micro apartments with a total of 37,800 sf net rentable area planned Land Size: 18,750 sf Sales Price: $2.1M, or $112 per sf, or $25,000 per buildable unit Reception No.: 2016086461 Closing Date: 7/1 Grantor: 3609 Wynkoop LLC Investors…

John Winslow

July 12, 2016
Hancock

Hancock’s State of City Address

Denver remains a vibrant, thriving city, but needs new initiatives aimed at closing equity gaps and increasing access to prosperity for everyone, Mayor Michael B. Hancock said on Monday, during his 2016 State of the City Address,  “Denver is employing more people than at any other time in our history and making improvements that will […]

John Rebchook

July 11, 2016
Steelbridge annex

Nichols buys LoDo site for micro apartments

The Nichols Partnership plans to develop micro apartments on a parking lot near Denver Union Station. The Denver-based company bought the 23-space parking lot at 1480 Wewatta St. in a $10.35 million deal that included the adjacent Steelbridge Annex at 1750 15th St. The 16,154-square foot Steelbridge building is a distinct green-colored building leased to…

Jill Jamieson-Nichols

July 5, 2016