Opportunity zones’ tax-free potential
Opportunity zones can spell opportunity for real estate investors and developers in Colorado and nationwide. Congress created opportunity zones last year to jump-start economic growth in low-income and other neglected areas. Interest in the program really started to perk up after the Treasury Department issued guidelines in October on the program, which offers tax incentives…
Kris Oppermann Stern
December 7, 2018Winter Park development taking off
Winter Park is at ground zero of a development blitz. Developments that are either about to take off or are on the drawing board are expected to put the ski resort that serves the Front Range on the map. What is happening at Winter Park reminds developer Walter “Buz” Koelbel of the growth around Union Station…
Kris Oppermann Stern
December 4, 2018Thankful commercial RE experts
Thanksgiving is a time to be thankful for all of your blessings…and to eat too much turkey! One thing is for certain, though. Denver’s commercial real estate market is no turkey. With Thanksgiving just around the corner, I thought a holiday Rebchook Real Estate Corner column should be on the table. With a nod to…
Kris Oppermann Stern
November 15, 2018Larson fields retail questions
Since David O. Larson launched his storied career as a retail broker, the Denver area’s population has almost doubled, rising by 92.56 percent. The days of Denver being known as "cow town," are in the rearview mirror since Larson began his retail career in 1982 at SullivanHayes Cos. And Amazon was just a river during…
Kris Oppermann Stern
November 12, 2018Mayor Design Award winners
Steam on the Platte, the Ramble Hotel and the Punch Bowl Social in Stapleton are among the 17 eclectic projects that are being honored as winners of the 2018 Mayor’s Design Awards. Mayor Michael B. Hancock on Thursday night honored the projects for excellence in architecture, design and placemaking. About 200 people attended the award…
Kris Oppermann Stern
November 8, 2018Firmspace plants coworking flag in Denver
Firmspace, a luxury coworking suite concept, with little fanfare planted it Denver flag on the entire 16th floor at the Class A office tower at 1401 Lawrence St. “We opened in June without any premarketing or preleasing,” said Kristin Kirk, the hospitality director for Austin, Texas-based Firmspace. Firmspace picked Denver as its first city outside of…
Kris Oppermann Stern
November 8, 2018Western Asset Services launched
Western Development Group, a developer of premier mixed-use and residential properties in Cherry Creek North, has created a new property management company, Western Asset Services. While Western Asset Services is […]
Kris Oppermann Stern
November 6, 2018Essex names Williams as president
Essex Financial Group, which will close an estimated $750 million in commercial real estate loans this year, is changing the guard. J. Jeffrey Riggs, who founded the firm 26 years ago, is passing the baton to Cooper Williams, who has spent his entire professional career at Essex. “We are proud to announce that Cooper Williams, effective…
Kris Oppermann Stern
November 1, 2018Denver tops retail square feet decline
Denver, or perhaps Dallas, has more square feet of retail space per capita than any other city in the U.S. I first heard that when I was the real estate editor of the Rocky Mountain News in the early 1980s. I heard that Denver was either No. 1 or No. 2 multiple times in the…
Kris Oppermann Stern
October 17, 2018Emerging Trends ranks Denver in top 10
Denver made the Top 10 list in the latest Emerging Trends in Real Estate 2019 report, which was released Wednesday. Denver was ranked No. 8 of 79 metropolitan statistical areas in the comprehensive Emerging Trends report released by PwC US and the Urban Land Institute. In the Rocky Mountain region, Denver ranked first of eight…
Kris Oppermann Stern
October 11, 2018