$5M RiNo infill project starts to take shape
3.2.17 Commercial Real Estate Denver, RiNo Development, RiNo Infill ProjectWith RiNo lease rates at an all-time high, there’s no site too small to take vertical. Derek Lis is preparing to break ground on a $5 million restaurant and office building on a tiny sliver of land near 33rd and Larimer streets. It’s the second leg of a ...
Denver real estate firm partners with California firm to buy Thornton apartment complex for $40M
2.9.17 Apartment Complex Sale Denver, Commercial Real Estate Denver, Denver Multifamily InvestingDenver-based BMC Investment and California-based Oak Coast properties have completed another deal together in metro Denver, purchasing an apartment complex in Thornton for $40.5 million. The seller was Investors Management Group, based in a suburb of Los ...
Multifamily Gets Tighter, But Still More Reliable
1.26.17 Commercial Real Estate Denver, Multifamily MarketFor the past several years, Capital One has surveyed multifamily industry participants at the RealShare Apartments conference to assess market sentiment for the coming year. The results, shared exclusively with GlobeSt.com show that multifamily is getting ...
Multifamily Execs See Market Retreating
1.24.17 Colorado Multifamily Brokers, Commercial Real Estate Denver, Multifamily MarketFor the consecutive second quarter, apartment conditions as measured by the National Multifamily Housing Council’s quarterly survey showed signs of ebbing. All four indexes in the survey remained below the break-even level of 50, and two of those indexes ...
Jeffco leads the pack of Colorado properties increasing in value in 2016
1.17.17 Commercial Real Estate Denver, Jefferson County Property ValuesColorado homes have generated a ton of equity the past two years, which should leave their owners in a better mood — at least until property tax bills come due in April. The value of residential properties in the state stood at $700.9 billion on June 30, ...
Developer clears offices for 100-unit apartment complex
1.16.17 Commercial Real Estate Denver, LoHi Redevelopment, Multifamily Development DenverAnother developer is getting ready to dig into LoHi. Corum Real Estate plans to tear down a 40-year-old office building next month to make way for 100 new apartments. Vice president Eric Komppa hopes the $34 million complex will draw renters who want to live ...