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…

Real estate investment firms Marble Partners and Lion Real Estate Group came together for the $46.2 million purchase of Torrey Pines. The partnership purchased the 235-unit community at 7575 E. Arkansas Ave., at the intersection of East Florida Avenue and Quebec Street, south of the Lowry redevelopment, in Denver from Vukota Capital. Dan Woodward, David…

Milo Luxury Residences is the latest addition to the $500 million, 26-acre urban infill redevelopment of the former University of Colorado Health Sciences Center at Ninth and Colorado (9+CO). The transformation from medical campus to a vibrant commercial district began in 2014 when the university and city of Denver tabbed Continuum Partners to direct the project.

While many residential projects are going up in downtown Denver and other nearby busy areas, Ivy Residences sits on a quiet street in the Highlands neighborhood. The for-sale market is highly competitive in the Mile High City, so it was important to build this project quickly and safely.

Steig SewardVice president, client services and analytics,Colliers International “Lower for longer” and “growing but slowing” have been used to describe the direction of the economy and commercial real estate market in 2020. But are these just catchy phrases used by optimistic economists and brokers, or are they describing a new reality? Historically people have looked…

Built unlike any other project in Denver since the 1980s, Arroyo Village is one of the newest affordable housing communities in the area and one of the only that includes affordable housing apartments,

As we enter 2020 in the longest bull market run since World War II, there is little question we have entered uncharted waters in the investment landscape, particularly for those of us in the multihousing space.

Over the past few years, the statement heard at nearly every real estate conference was, “We’re somewhere in the ninth inning, and we’re not sure how many extra innings there will be.”

Home to more than 264,000 apartment units, Denver is a growing community. As part of its 2020 Apartment Resident Preference Report, the National Multifamily Housing Council and Kingsley