Colorado State Bank Building hits the market
The Colorado State Bank building, a 26-story office tower that takes its name from its anchor tenant, has hit the market. The 445,595-square-foot Colorado State Bank Building is owned by LBA Realty, based in Irvine, Calif. “LBA Realty started buying distressed properties around 2002” and continued its buying spree for the next decade, according to…
Kris Oppermann Stern
October 9, 2018EKS&H headlines CREJ tax reform conference
Executives from accounting firm EKS&H will dominate the upcoming tax reform conference sponsored by the Colorado Real Estate Journal. Denver-based EKS&H is a nationally recognized professional services firm providing audit, […]
Kris Oppermann Stern
October 3, 201810,000 making waves in apartment circles
Ten Thousand Waves is a world-class resort on a mountain road in Santa Fe. But what is really making waves in Denver apartment circles is the number 10,000. Specifically, the observation by apartment guru Cary Bruteig that developers can’t build much more than 10,000 units in the Denver area has given developers much more confidence…
Kris Oppermann Stern
October 1, 2018Look at last Union Station development site
The clock is ticking on an opportunity to buy a parking lot at 19th Street and Walnut Place that is described as the last development parcel available near Denver Union Station. Offer are due this Thursday, Sept. 27, for the 16,091-square-foot parking lot at 2001 19th St. and 1903 Chestnut Place. The property, which is zoned for a…
Kris Oppermann Stern
September 26, 2018Flywheel Capital assembles key site
Flywheel Capital, a Denver-based private real estate investment group created slightly more than a year ago, recently completed an assemblage of almost 4 acres on the southwest corner of East Evans Avenue and south Interstate 25. “It’s Main and Main,” said Ben Hrouda, founder and managing partner of Flywheel. In total, Flywheel and its development…
Kris Oppermann Stern
September 24, 2018Kairoi loves Denver
Kairoi (pronounced KY-roy) is a Greek word that means moments in time when opportunities are seized. Kairoi also is the new name of a San Antonio-based multifamily developer that has a growing presence in Denver. Kairoi is the perfect name change for Lynde, according to Sam Kasparek, a managing partner at Lynd and now at Kairoi.…
Kris Oppermann Stern
September 17, 2018Buyer drills Bell Park site
The mystery buyer who has the prominent “Bell Park” site along Speer Boulevard under contract has taken a preliminary, but necessary, step in buying one of the most high-profile sites in downtown Denver. The unidentified buyer hired the firm Terracon Co., which on Monday was boring 80 feet under the surface of the site to…
Kris Oppermann Stern
September 11, 2018Sprawl poll. Vote on whether Stapleton is sprawl or smart growth
Sprawl. Is sprawl like pornography? Speaking of the latter in 1964, U.S. Supreme Court Justice Potter Stewart famously said, “I know it when I see it,” even though it might be difficult to articulate in words. Not that sprawl, whether in an urban or suburban setting, hasn’t been defined. “The term sprawl, as used by…
Kris Oppermann Stern
September 7, 2018Home Manager app hits home for Elowe
Home Manager, an app that replaces a three-ring binder with all of the information about your new home or condo, at first blush might seem like an unusual career segue for developer David Elowe. After all, Elowe, as principal of Denver-based Urban West Group, developed the 11-story, 213-unit One Observatory Park apartment tower near the…
Kris Oppermann Stern
September 4, 2018Colorado Real Estate Journal industrial conference coming
Colorado Real Estate Journal is hosting an industrial conference as the Denver-area is on the cusp of entering a three-year bull market. The Colorado Real Estate Journal 2018 Industrial Summit & Expo will be held from noon until 4:45 p.m. on Sept. 5 at the Hyatt Regency Aurora-Denver Conference Center. The half-day conference will be…
Kris Oppermann Stern
August 27, 2018