Five Reasons Why Carriage Units Are Popular In Suburban Development
5.17.17 Carriage Units, Multifamily Brokers Denver, Multifamily HousingAs cities continue to crowd with young professionals and Baby Boomers downsizing their single-family properties, the suburbs offer a more spacious and affordable destination. From 2010 to 2017, households in the suburbs grew 7.9%, but the need for the ...
Developers ramp up Lowry apartment project with $9M property buy
5.16.17 Commercial Real Estate Denver, Lowry Apartment Project, Multifamily DevelopmentAfter building in Englewood, Wheat Ridge and Aurora, a San Antonio developer is one step closer to pulling off a long-planned encore in Lowry. Embrey Partners used the name Encore at Boulevard One in an $8.85 million deal to buy 5.2 acres at Quebec Street and ...
1,300 New Apartment Units in Denver Plus More Industrial Space
5.10.17 Apartment Development Denver, Industrial Development, Multifamily Market DenverFive new complexes totaling nearly 1,300 units were added to the Denver Business Journal’s Crane Watch map, including McWhinney’s 12-story complex called Sova at 19th and Grant and a permit for a 375-unit apartment complex called Vue at Mile High, in the ...
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 ...