It was a blockbuster deal. American Realty Advisors last month paid $154.3 million for the 314-unit, Elan Union Station, according to public records. American Realty Advisors is rebranding the community on 2.4 acres at Chestnut Place and 20th Street as ALARA Union Station. It was the most expensive apartment sale ever in downtown Denver’s central…

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A buyer quickly growing its Colorado Springs multifamily portfolio added to its holdings with its acquisition of Foothills West.

Colorado Springs’ apartment market outshone the Denver metro area during the first quarter, according to Apartment Insights’ recently released Statistics/Trends Summary.

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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 WinComps…

The University of Denver took top honors in the 14th annual NAIOP Rocky Mountain Real Estate Challenge at the Denver Marriott City Center Thursday night. This year’s challenge, presented by Land Title Guarantee Co., was to create a real-world development plan for 21 acres at the city of Westminster’s first transit-oriented development site. The property…

An apartment community near the University of Colorado campus in Boulder will get considerably bigger without changing its footprint. Brickstone Partners, which has redeveloped seven properties near campus, will add 96 beds and modernize the Cavalier Apartments at 2898 and 2900 E. Aurora Ave. The community currently has 220 units, or 260 beds. Dan Otis…

Commerce City’s Urban Renewal Authority and City Council concluded 20 months of negotiations Monday night, approving a master development agreement with REGen LLC for the former Mile High Greyhound Park site. The agreement marks a new milestone for the redevelopment project, which will begin the zoning and land-use process, and urban renewal planning consistent with new…