By: The Associated Press WASHINGTON — Americans snapped up houses in May almost as soon as properties were listed, fueling the strongest sales rate in nearly a decade. Sales of existing homes rose 1.8 percent last month to a seasonally adjusted annual rate ...
Thornton apartment complex sells for $69.5M
6.27.16 Apartment Building for Sale, Commercial Real Estate Denver, Denver Apartment MarketBy: Ben Miller, Denver Business Journal A Thornton apartment complex has been sold to a Los Angeles private real estate investment company for $69.5 million. Aragon Holdings of Los Angeles bought the 32-year-old, 167,000-square-foot Skyline Apartments at 8849 ...
Online lending company spreads its wings in downtown Denver
6.24.16 On Deck Capital, Online Lending Company, Real Estate DenverBy: Monica Mendoza, Denver Business Journal When New York-based online lending company On Deck Capital Inc. made a move into Denver three years ago, it had a “shoe box” for an office with all 16 employees crammed in. Wednesday, the now-170 employees ...
Would Colorado minimum-wage hike lead to big job losses?
6.23.16 Colorado Economy, Colorado Employment, Colorado Minimum WageBy: Ed Sealover, Denver Business Journal Employment in Colorado would fall by some 90,000 people — particularly among younger and lower-skilled workers — over the next six years if statewide voters were to approve a proposed ballot measure this fall ...
Snarf’s leases vacant S. Broadway gas station; still not satiated in Denver
6.22.16 Snarf's, Snarf's Denver, South BroadwayBy: Burl Rolett, BusinessDen Hungry for new Denver locations, a local sandwich chain is gobbling up a long-vacant South Broadway building. Snarf’s is taking over the former Sinclair gas station at the corner of South Broadway and Florida Avenue with plans to ...
STEAM on the Platte to rise with renovation of a huge warehouse
6.16.16 STEAM Denver, STEAM on the Platte, Warehouse Space DenverBy: Burl Rolett, BusinessDen With two leases in hand, a Platte River development is picking up steam. Construction is rolling at STEAM on the Platte, a Sun Valley redevelopment highlighted by the renovation of a 65,000-square-foot warehouse. Co-owners Urban ...