Denver’s apartment rent growth continues to slow
10.23.16 Denver Apartment Market, Denver Apartment Rent, Denver EconomyThe brakes are being put on Denver’s apartment rent growth as new apartments come on line. According to California property management software company Yardi Matrix, Denver’s year-over-year rent growth fell to 2 percent on a year-over-year basis in ...
DHA plans accessible apartment project near Sloan’s Lake
10.22.16 Apartment Building Development Denver, Denver Commercial Real EstateThe Denver Housing Authority is planning a 176-unit apartment building catering to disabled seniors at the corner of Colfax Avenue and Perry Street near Sloan’s Lake. The plan is to build a new subsidized apartment building atop a 30,000-square-foot ground ...
Affordable housing project drafted for Sunnyside
10.21.16 Affordable Housing Colorado, Commercial Real Estate, Golden Colorado DevelopmentA Golden-based developer is working on a city block’s worth of new Sunnyside apartments just in time for a westbound light rail line to start running through the north Denver neighborhood. Confluence Companies is planning a new affordable housing complex ...
Lowry apartment complex sold for $112 million
10.20.16 Apartment Sale Denver, Denver Commercial Real EstateAn apartment complex in Denver’s Lowry has been sold by one Chicago-based owner to another for $112 million. Amli Residential’s Amli at Lowry Estates, located at 8155 S. Fairmount Drive, sold to a limited liability company registered at the same ...
14 townhomes incoming on former Sewall Center lot
10.19.16 Cheesman Park Commercial Real Estate, Multifamily Building SaleYou don’t often see a vacant acre of land in the heart of Cheesman. Koelbel Urban Homes has cleared a patch of land at 14th and Vine streets in Cheesman Park to build 14 new townhomes. Development director Scott Chomiak said it’ll appeal to buyers for its ...
Breakers Resort sells for record $350M
10.18.16 Apartment Building Sale, Colorado Multifamily Real Estate, Multifamily Building SaleA Miami-based firm has splashed into Colorado with the biggest multifamily acquisition in Denver history. Pensam Residential, along with BH Equities and Wafra Capital Partners, bought The Breakers Resort apartment complex near Fairmount Cemetery from Koelbel ...