Pynwheel spinning multifamily fun, efficiency
If you scratch the surface of just about any deal, there is a story behind it. The Rebchook Real Estate Corner looks at the what and who that make the Colorado commercial […]
Kris Oppermann Stern
June 28, 2017Arsenault: developers need to police each other for shoddy practices
Condominium developments are making a comeback in the Denver area in the wake of a new state law that takes steps to begin to reform construction defect litigation after a five-year battle and a favorable Colorado Supreme Court decision. But developers are still struggling with how to develop affordable condominium units in a market with…
Kris Oppermann Stern
June 22, 2017Missing middle focus of CREJ affordable housing conference
A half-day affordable housing conference on June 20 will address one of the the most challenging aspects of the Denver area’s housing market, where the average price of a home sold is approaching $500,000. The “missing middle” population will be a key of the 2017 Affordable Housing Development & Finance Conference & Expo, which will…
Kris Oppermann Stern
June 14, 2017Condo development conference on tap
Condo construction cheer. Every apartment developer, broker and analysts I have ever spoken to has been dismayed by the lack of for-sale condominium developments in the Denver area in recent years. That may surprise those not in the industry, as the lack of condo construction has removed a competitor for the wave of high-end apartment…
Kris Oppermann Stern
June 13, 2017Daycare center kismet
Lore has it that clients of McKinley & Hill Antiques included Ralph Lauren, Hugh Hefner and Oprah. The after-hour “sherry hour” soirees in the establishment that among other things sports an indoor, 12-foot-deep swimming pool in Wheat Ridge, were as legendary as the clients of the proprietors, Bud Hill and Matt McKinley. McKinley died about…
Kris Oppermann Stern
June 6, 2017Architect Anderson champion of historic buildings, sustainability
Architect John David “Andy” Anderson had a message for Arnold Schwarzenegger. “We are very careful not to let people tear buildings down,” Mr. Anderson said in 1995, as the head of the powerful board called the Lower Downtown Design and Demolition Review Board.
Kris Oppermann Stern
May 30, 2017Cranes towering over Denver
The crane is Colorado’s new state bird. I first wrote that line, or something like it, for the Rocky Mountain News in the mid-1980s. At that time, developers from Canada, Texas and other places, were changing the skyline of Denver. Cranes are towering over Denver. Photo courtesy of GE Johnson. During that era, Republic Plaza…
Kris Oppermann Stern
May 25, 2017Lakehouse ‘magic’ for Hines, Levitt
Lakehouse breaks ground tomorrow. Lakehouse is the 12-story, 206-unit condominium tower in Sloans, the mixed-use development on the former St. Anthony Hospital campus. Lakehouse sits across from Sloan’s Lake, the largest body of water in Denver.
Kris Oppermann Stern
May 23, 2017Adams County on a roll
Adams County is on a roll. An unnamed company is expected to announce later this year that it will bring a record 3,500 to jobs to Adams County. To put that in perspective, the most jobs ever announced in one year in Adams County took place just before the Great Recession hit. And that was…
Kris Oppermann Stern
May 18, 2017Pinnacle high point for James Mansfield
Pinnacle Real Estate Advisors has been the perfect fit for James Mansfield. “Pinnacle has exceeded my expectations,” Mansfield told me last week. Mansfield, a veteran of big firms such as Cushman & Wakefield, Opus Northwest LLC, Brookfield Office Properties and Grubb & Ellis, initially joined Pinnacle in November 2015. Last month, he was one of…
Kris Oppermann Stern
May 16, 2017