Tech key to CREJ property management event
Drones, digital touch screens, virtual and augmented reality, and innovative software packages are some of the tools that cutting-edge property managers are using. Indeed, Technologies and Tools is the name of one of the panels at an upcoming property management conference. “It’s a pretty cool panel,” said Zvi Rudawsky, managing member at Wheelhouse Commercial, which…
Kris Oppermann Stern
February 4, 2019Zeppelin scores development hat trick
“Remind me not to open three major projects in a year that are bigger than anything I’ve ever done before,” Kyle Zeppelin posted on his Facebook page. Zeppelin made the post regarding his development hat trick with only one hour and eight minutes left of the year. Opening three diverse, one-of-kind developments made for a…
Kris Oppermann Stern
January 23, 2019Triple-net investing hits home at CREJ event
When is a triple a home run? When you are talking about triple-net, or NNN, investments. “The triple-net market is doing really well. We had record sales of triple-net properties last year,” said Drew Isaac, a broker at Marcus & Millichap. Isaac will present and moderate at the 2019 Single Tenant, NNN Conference & Expo…
Kris Oppermann Stern
January 15, 2019Economist Creighton leaves legacy
In 1990, my business editor at the Rocky Mountain News, the late Lynde McCormick, described economist Lucy Black Creighton as “perhaps the best known of Denver’s businesswomen.” Creighton, a pioneer and prominent economist in Denver, died on Christmas. A memorial service was held Monday. Creighton, who died peacefully in Denver at age 91, was a…
Kris Oppermann Stern
January 10, 2019Bullish Calbert moderating CREJ leaders panel
During his 45-year career, Brad Calbert has been in the trenches for every boom, bust and commercial real estate cycle between the two extremes in Denver. As a commercial real estate broker, Calbert has been involved in the sale or finance of more than 150 transactions that totaled more than 30 million square feet. Calbert's…
Kris Oppermann Stern
January 7, 2019Color Book hit for JVA
Color me impressed. I recently attended a press conference at a downtown Denver hotel updating the market branding efforts underway in Winter Park. While waiting for the speakers to kick off their presentations, I wandered over to tables represented by vendors in the construction and development trades. I ignored the commemorative pens and lip balm…
Kris Oppermann Stern
January 3, 2019CREJ retail conference coming
Denver's retail scene stacks up well compared to other trendy cities across the country. The latest CBRE retail report compared Denver, by a number of metrics, to other cities as well as to the U.S. “Compared to peer markets, Denver’s retail growth is reasonable and its absorption of space is hearty,” according to the CBRE…
Kris Oppermann Stern
December 17, 2018JJK blazes social impact RE trail
JJK Places, a “hybrid” development company, hopes to do well by doing good. JJK Places, a “social impact real estate” development and consulting company, is headed by veteran real estate developer Will Kralovec. Before founding JJK and serving as its president and managing partner, Kralovec was the director of master site development at the Denver…
Kris Oppermann Stern
December 14, 2018Silverstein – record industrial year in 2018
The three main commercial real estate food groups – office, industrial and retail – this year added what is believed to be a record 12.8 million square feet. Those are the preliminary numbers crunched by economist Patty Silverstein. “That is huge, absolutely huge,” said Silverstein, president and chief economist of Development Research Partners. Silverstein, who is…
Kris Oppermann Stern
December 12, 2018Recession coming in 2019, Arsenault predicts
More than two years ago, addressing 550 real estate experts attending a Colorado Real Estate Journal multifamily conference, Marcel Arsenault predicted the next recession in the United States would take place in 2019. Arsenault, chairman, CEO and founder of Real Capital Solutions, correctly predicted the Great Recession. Real Capital Solutions is one of the largest privately…
Kris Oppermann Stern
December 10, 2018