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Bascom Group LLC Expands Denver Portfolio

Bascom Group LLC Expands Denver Portfolio

By Gabriel Circiog, Associate Editor The Bascom Group LLC is continuing the expansion of its Denver market portfolio through the acquisition of Hyland Park Centre. Located at 1800 West 85th Ave. in Federal Heights, the 492-unit community was recently bought for $28.25 million. Brandon Smith and Brian Eisendrath of CBRE brokered the…

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ReadyTalk Relocates to 1900 Sixteenth Street; LoDo Design Board Wants Changes to Proposed Project

ReadyTalk Relocates to 1900 Sixteenth Street; LoDo Design Board Wants Changes to Proposed Project

By Gabriel Circiog, Associate Editor ReadyTalk will move from 1598 Wynkoop St. to 1900 Sixteenth St. at the end of the month, reports The Denver Post. The Denver-based web and audio-conferencing company is moving in order to accommodate 60 new employees and will occupy two floors in a new high-rise close…

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Developers and City Leader Focus on ‘Aerotropolis’

Developers and City Leader Focus on ‘Aerotropolis’

By Gabriel Circiog, Associate Editor Developers and city leaders are drawing up plans for an “aerotropolis” around Denver International Airport, as reported by the Denver Post. City leaders have kept a watchful eye on the vast amount of land surrounding DIA and have been analyzing development prospects for a long time. Now, plans…

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Opus Development Plans New Luxury Apartments in Central Platte Valley

Opus Development Plans New Luxury Apartments in Central Platte Valley

By Gabriel Circiog, Associate Editor Opus Development Corporation recently unveiled plans to build a new, 10-story luxury apartment building in downtown Denver. The plans call for a 285-unit community to be developed at 1490 Delgany St. in partnership with Amstar, a [...]…

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Carmel Companies Sells Denver Multifamily Properties for $275 Million

Carmel Companies Sells Denver Multifamily Properties for $275 Million

By Gabriel Circiog, Associate Editor Denver-based Carmel Companies proceeded to sell $275 million worth of multifamily properties over the last few weeks. The apartment management company, founded in 1965 by Kal Zeff, had retained CBRE as an exclusive adviser for the [...]…

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Maycrest Urban Redevelopment Plan Gets Green Light; Johns Manville Plans Relocation to Greenwood Village

Maycrest Urban Redevelopment Plan Gets Green Light; Johns Manville Plans Relocation to Greenwood Village

By Gabriel Circiog, Associate Editor The Denver City Council has approved the Marycrest Urban Redevelopment Plan submitted by the Denver Urban Renewal Authority, The Denver Business Journal reports. A tax-increment financing district will be created at the site of Marycrest High [...]…

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Mixed-Use Project Planned in Highpointe Neighborhood

Mixed-Use Project Planned in Highpointe Neighborhood

By Gabriel Circiog, Associate Editor A new mixed-use project is planned in Denver and construction could begin as soon as the second quarter, according to The Denver Business Journal. The plan envisions a retail center, luxury apartment complex and retirement community [...]…

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Builders Launch New Net-Zero Energy Homes for Denver Market

Builders Launch New Net-Zero Energy Homes for Denver Market

By Gabriel Circiog, Associate Editor Utility bills could become a thing of the past as two Colorado builders launch new models for highly-efficient homes, The Denver Post reports. Although net-zero energy homes are already available from custom builders, KB Home and [...]…

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Two Area Cushman & Wakefield Execs Report ‘Best Month’ in 20 Years

Two Area Cushman & Wakefield Execs Report ‘Best Month’ in 20 Years

By Gabriel Circiog, Associate Editor Tim Richey and Mike Winn, both vice chairmen with Cushman & Wakefield, were two of the top investment brokers in the Denver commercial real estate market in 2011 and they finished the year strong as they [...]…

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Encore Multi-Family LLC to Build Luxury Apartment Community; Centura Health Sells 5 Medical Office Buildings

Encore Multi-Family LLC to Build Luxury Apartment Community; Centura Health Sells 5 Medical Office Buildings

By Gabriel Circiog, Associate Editor Encore Multi-Family LLC finalized the financing for its next development project in the Denver suburb of Thornton, which will mark the beginning of the company’s Western expansion. Encore Highpointe Park will feature 220 luxury apartment homes [...]…

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AMLI Residential Acquires 197-Unit Park Avenue Lofts; Kimco Expands Metro Denver Area Portfolio

AMLI Residential Acquires 197-Unit Park Avenue Lofts; Kimco Expands Metro Denver Area Portfolio

By Gabriel Circiog, Associate Editor AMLI Residential, a Chicago-based real estate investment company focusing on the development, acquisition and management of luxury apartment communities, has acquired Park Avenue Lofts in downtown Denver. The 197-unit complex, located at 755 E. 19th Avenue, [...]…

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Brookfield Office Properties Acquires 1801 California Street for $215 Million

Brookfield Office Properties Acquires 1801 California Street for $215 Million

By Gabriel Circiog, Associate Editor Brookfield Office Properties Inc. acquired, as part of an investment consortium, the second tallest office tower in Denver. Located in the city’s central business district, 1801 California Street was bought for $215 million from PSEG Energy [...]…

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