Fort Collins affordable housing buildings get serious makeover
Housing Catalyst is undertaking a major rehabilitation of three affordable housing communities that comprise the Village on Shields in Fort Collins. In all, 22 buildings with 285 units will receive an extensive makeover, and a long-shuttered community building will be brought back to life as part of the multimillion-dollar project. The renovations are being funded…
Kris Oppermann Stern
January 14, 2018
Self-storage company adding 1,700 units in three NoCo projects
A company that develops self-storage facilities in Colorado and Texas is continuing a push into the Northern Colorado market. Grow Your Storage Development LLC recently opened the 541-unit Timberline Self Storage and is starting construction of South College Self Storage, with 708 units, both in Fort Collins. The company also is in the entitlement process…
Kris Oppermann Stern
December 31, 2017
OpenPath Investments purchases Arbors at Sweetgrass
There were double-digit offers for a Fort Collins apartment community that sold to a 1031 exchange buyer for $47 million. Arbors at Sweetgrass drew “a ton” of investor interest from private investors and institutionally backed funds, according to CBRE Executive Vice President David Potarf. OpenPath Investments, a California company focused on “socially responsible” investments, bought…
Kris Oppermann Stern
December 24, 2017
Investors compete for Greeley retail center, which draws $5.45M
A 37,514-square-foot retail center in central Greeley sold to a California buyer in a competitive deal that closed at $5.45 million, or $145.28 per sf. CWC Income Properties 6 bought Centennial Commons, a three-building center at West 10th Street/U.S. Highway 34 and 35th Avenue, from West Greeley Associates LLC. Centennial Commons consists of buildings at…
Kris Oppermann Stern
November 26, 2017
Peachtree Hotel Group buys Element Denver Park Meadows
Atlanta-based Peachtree Hotel Group has acquired the Element Denver Park Meadows Hotel, a 123-room hotel at 9985 Park Meadows Drive in Lone Tree. Douglas County records show the hotel sold for $19.8 million. The seller was Denver II Hospitality LLC, a Texas based group that bought the property for $15.5 million two years ago. Peachtree…
Kris Oppermann Stern
October 9, 2017
Colorado State Stadium: Rams Charge Back to Campus
After 48 years, Colorado State University’s football team is coming home. The Rams played for the last time at off-campus Hughes Stadium in late 2016, after 262 games, not to mention a few gigs by the Rolling Stones, Bob Dylan and other rock legends.
Building Dialogue
September 4, 2017
Manufacturing building goes from pipelines to baked goods
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 […]
Kris Oppermann Stern
July 31, 2017
Granite Capital buys Fort Collins apartments for $27.8 million
Granite Capital Group has acquired a townhome-style apartment community in Fort Collins for $27.8 million. Granite paid a record $264,909 per unit for the 105-unit Brooklyn Park Rowhouses, which it will rebrand Rigden Farms Townhomes. The property is located at 2758 Iowa Drive and is Granite Capital’s first acquisition in Fort Collins. “Fort Collins is…
Kris Oppermann Stern
July 25, 2017
Site near CSU campus sells for $63 per square foot
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 […]
Kris Oppermann Stern
July 17, 2017
Cress Capital buys 23 buildings in Fort Collins in $55.6 million deal
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 […]
Kris Oppermann Stern
June 19, 2017
