Triangle Building in Denver’s LoDo acquired for $154 million
5.8.17 Commercial Real Estate Denver, LoDo Denver, Triangle Building DenverGerman company Union Investment has acquired the Triangle Building in Lower Downtown Denver for $154 million. The 10-story building, at 1550 Wewatta, is home to Liberty Global and WeWork. Construction was completed in 2015. Union purchased the property from an ...
California firm continues buying streak with Highlands/Jefferson Park acquisition
5.5.17 Denver Multifamily Portfolio Sale, Hochman Brockman Affordable Housing Group, Multifamily Brokers Denver, Section 8 Housing BrokersA major subsidized housing landlord is continuing its Denver buying spree. California-based GHC Housing Partners bought 49 Section 8 housing units in Jefferson Park and the Highlands for $8 million. CEO Gregory Perlman said the acquisition is another puzzle ...
Rents in Denver are on the upswing again. At least two national apartment rental reports show Denver rents are substantially up from last year, and rose in the last month as well. The latest Apartment List Rent Report indicates Denver rents have increased 2.3 ...
1031 exchanges may be axed by Trump’s tax plan
5.2.17 1031 Exchange, Denver Commercial Real Estate Brokers, Johnson Ritter TeamOriginally Published by Colorado Real Estate Journal Riki Hashimoto’s phone was ringing off the hook late last week. Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline ...
New apartment construction drives up metro Denver rents in 1st quarter
4.24.17 Apartment Construction Denver, Denver Multifamily Market, Denver RentThe average rental rate for an apartment in metro Denver increased to $1,382 per month in the first quarter of 2017, up 5 percent from the same period of 2016, when rents averaged $1,315, according to the Apartment Association of Metro Denver. The vacancy rate ...
Boulder apartment complex sale sets new Colorado per-unit price record
4.19.17 Boulder Multifamily Market, Colorado Multifamily Market, Commercial Real Estate Brokers ColoradoA 26-unit apartment complex in Boulder has sold for $15.6 million, setting a new record for per-unit pricing on apartment complexes in Colorado. Click Here to Read More – Denver Business Journal