Broker: Apartment vacancy rate could hit 10%
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Kris Oppermann Stern
April 19, 2016Clayton Lane lands 1st class developer
San Diego-based OliverMcMillan made a big splash when it recently paid almost $170 million for Clayton Lane, the western gateway to Cherry Creek.
Kris Oppermann Stern
April 19, 2016Arsenault: another recession could hit in 2019
Marcel Arsenault, like the investors in the popular “Big Short” movie based on the book of the same name by Michael Lewis, correctly predicted the housing collapse and Great Recession, and profited handsomely from betting against the housing industry. Arsenault, chairman and CEO of Louisville-based Real Capital Solutions, today is investing hundreds of millions of…
Kris Oppermann Stern
April 8, 2016The Winslow Report 4-5-16
The Winslow Report, authored by John V. Winslow, CRE, 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…
John Winslow
April 5, 2016ARA handles $75 million in sales
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Kris Oppermann Stern
April 5, 2016HFF team arranges $30.5 million in financing
Josh Simon and Kristian Lichtenfels of the Denver office of Holliday Fenoglio Fowler recently secured a $30.5 million construction loan for a 216-unit apartment community in Broomfield. Working on behalf of Jeffrey Sanders of Boulder-based MountainView Capital LLC, Simon and Lichtenfels placed the loan with a regional bank. The loan is for the garden-style Mountain…
Kris Oppermann Stern
April 5, 2016Denver ranks high among investors, says CBRE
Denver ranked among the top 10 markets in the Americas for commercial real estate investment in 2016, according to a new report by CBRE Inc. The CBRE Americas Investor Intentions Survey 2016 captured investment sentiment and expected activity of nearly 500 investors focused on the Americas. Most expect to remain very active this year in…
Kris Oppermann Stern
March 28, 2016Canadian company makes Denver debut
A Canadian company, in its first Denver-area purchase, recently paid $47.88 million for the 228-unit Carrick Bend apartment community in Northglenn.
Kris Oppermann Stern
March 24, 2016CBRE sells Arvada community
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Kris Oppermann Stern
March 17, 2016Record year for apartments
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Kris Oppermann Stern
March 15, 2016