Denver-based Flightline Ventures, the developer of Stanley Marketplace near Stapleton in Aurora, has entered into a joint venture with Denver-based Westfield Company Inc. to create Stanley JV.

Rising apartment vacancies rates continue to fuel concern that the Denver multifamily market is facing overbuilding.

If you want proof that value-add apartment communities continue to be hot investment properties in the Denver area, look no further than the recent sale of the Grove at City Center in Aurora.

L&L Developments Inc. has filed a preliminary site plan with Denver Community Planning and Development for a 15-story, 713-unit multifamily tower on the La Loma Mexican restaurant site in the Jefferson Park neighborhood in Northwest Denver. The developer could not be reached for comment. However, Rafael Espinoza, who not only represents Jefferson Park, but lives…

A Colorado Springs-based buyer continues to expand its portfolio with its $28.1 million acquisition of the Village at Lionstone – a purchase pointing to growing activity in the city’s southeast multifamily submarket. All Pro Capital paid $97,569 per unit to Seagate for the 288-unit gated Village at Lionstone community. “All Pro Capital’s purchase of the…

The Denver-area apartment market, which has benefitted by an unprecedented stretch of rising rents and falling vacancies, may finally be showing signs of falling back to earth. However, no one is predicting the type of apartment bust that followed other boom periods, two experts recently addressed the potential that more supply is being added than…

Eric Tupler and Josh Simon of the Denver office of Holliday Fenoglio Fowler LP recently arranged a $31.2 million acquisition loan for Miami-based Advenir Inc. for its purchase of the 345-unit Villas at Parker. Records indicate Advenir paid $39 million for the community at 1090 S. Parker Drive in Denver. Records show that the seller,…

The vitality and distinctiveness of the Denver economy are driving new businesses and households to relocate to the metro, propelling apartment demand at a rate greater than supply growth. Drawn by the strong job market and high quality of life, new residents boosted population growth in the last year to more than double the national average.

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]