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Value Place Announces Plans to Develop Nine New Extended-Stay Corporate Hotels in Denver

Value Place Announces Plans to Develop Nine New Extended-Stay Corporate Hotels in Denver

Value Place, an economy extended-stay lodging brand, has recently announced plans to continue its expansion across the U.S. with plans to develop nine new extended-stay corporate properties in the Denver area.…

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Castle Rock Council Approves Town’s Largest Commercial Development Project

Castle Rock Council Approves Town’s Largest Commercial Development Project

The Town Council of Castle Rock, Colorado has green-lighted a conceptual private-public financing package that would result in the largest single master planned commercial development ever constructed in Castle Rock.…

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Trimble Opens New Campus in Westminster

Trimble Opens New Campus in Westminster

Trimble has recently officially opened its new campus in Westminster, Colorado. Jefferson County Commissioners Faye Griffin, Donald Rosier and Casey Tighe, Westminster Mayor Nancy McNally and Colorado Governor John Hickenlooper attended the ceremony.…

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Denver Office of Economic Development Releases In-Depth Study Analyzing Denver’s Potential to Become a National Shopping Destination

Denver Office of Economic Development Releases In-Depth Study Analyzing Denver’s Potential to Become a National Shopping Destination

By Gabriel Circiog, Associate Editor The Denver Office of Economic Development recently released a comprehensive retail study which explores Denver’s potential to become a national shopping destination. Prepared by retail consultant Economic & Planning Systems, The Denver Retail Conditions and Opportunities Study features an in-depth analysis of the current Denver…

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E2M Strategic Fund and Wood Partners Acquire 351-Unit Del Arte Lofts & Flats

E2M Strategic Fund and Wood Partners Acquire 351-Unit Del Arte Lofts & Flats

E2M Strategic Fund LP, the fourth private equity fund of Dallas-based E2M Partners, together with Wood Partners has purchased Del Arte Lofts & Flats in the Denver suburb of Aurora.…

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Mortenson Construction and HDR Architecture Selected to Design and Build New Energy-Efficient Housing at Fort Carson

Mortenson Construction and HDR Architecture Selected to Design and Build New Energy-Efficient Housing at Fort Carson

Mortenson Construction and HDR Architecture have been selected by the US Army Corps of Engineers for a $94.4 million contract to design and build the 13th Combat Aviation Brigade Barracks at Fort Carson, Colorado.…

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Franklin Street Properties Closes on Acquisition of 43-Story Office Tower in Denver CBD

Franklin Street Properties Closes on Acquisition of 43-Story Office Tower in Denver CBD

Wakefield, Mass.-based Franklin Street Properties recently announced its acquisition of a 43-story office tower and a 9-story parking garage in the central business district of Denver, Colorado. The two properties were acquired by the real estate investment trust for a purchase price of $183 million.…

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Amstar and Allied Realty to Break Ground on 332-Unit Luxury Apartment Project in Central Denver

Amstar and Allied Realty to Break Ground on 332-Unit Luxury Apartment Project in Central Denver

Locally-based real estate investment manager, Amstar has partnered with Allied Orion Holdings, a Texas- and Colorado-based apartment developer, and recently announced it will start construction on a 332-unit apartment project in the Highlands/Jefferson Park neighborhood of Denver, Colorado. The project, dubbed 2785 Speer is scheduled to break ground this month…

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Gaylord Aurora 1,500-Room Hotel Project Finds Developer

Gaylord Aurora 1,500-Room Hotel Project Finds Developer

The Gaylord Aurora convention hotel project, which was abandoned by the company that proposed it, has a new lease on life. Aurora officials told the Colorado Economic Development Commission that New York-based Area Property Partners will arrange financing for the $824 million project and Houston-based Rida Development Corp. will develop…

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Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million

Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million

Inland American Lodging Group recently announced that it has acquired the 14-story Residence Inn by Marriott Denver City Center and the adjoining 448-space parking garage for a purchase price of $80 million.…

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McWhinney Announces Fifth Multifamily Project in Colorado

McWhinney Announces Fifth Multifamily Project in Colorado

By Gabriel Circiog, Associate Editor McWhinney, a Colorado-based developer, has announced plans to start construction this month on a new multifamily project just north of Denver in Westminster, Colo. Dubbed as Arbour Commons, the development is the company’s fifth multifamily project. An official groundbreaking ceremony is scheduled for May. Located…

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HFF Arranges $233 Million in Financing for 1,523-unit Breakers Resort

HFF Arranges $233 Million in Financing for 1,523-unit Breakers Resort

Holliday Fenoglio Fowler has recently announced that it has arranged $230 million in financing for The Breakers Resort in Denver. Working exclusively on behalf of The Bascom Group LLC, the borrower, the HFF team secured a $165 million first mortgage, a floating-rate loan which includes a three-year term with two,…

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