Multifamily news in Operations - Denver
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LMC Adds 240 Units to Denver Portfolio
The mixed-use property includes 5,200 square feet of ground-floor retail space in the RiNo neighborhood and provides access to Denver’s Central Business District.
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Smart Tech is the Smart Choice for Multifamily
Industry experts from Pinnacle Property Management Services, BH Management Services and Yardi Systems discuss how the Internet of Things is changing the industry.
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Changes to HUD’s REAC Scoring System
At the National Apartment Association's Apartmentalize conference in Denver, panelists discussed key federal legislative regulatory issues impacting affordable housing.
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Denver Community Gets New Management
The owner of the 322-unit multifamily asset, Investors Management Group, signed The Laramar Group to take over property operations from ConAm Management.
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Pinnacle Chosen to Manage Denver Luxury Community
TIAA acquired the 1,184-unit, garden-style property in 2005, for more than $175 million. The Highlands Ranch asset is located two miles west of Interstate 25.
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Laramar Group Names Operations SVP
Based in the Denver office, Stacy Valentine will oversee the company’s marketing and operations for its urban communities across the country.
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Allied Orion Expands Denver Management Portfolio
The Arel Capital-owned 141-unit property is the seventh residential asset to join The Collective Glendale, a 793-unit portfolio located near Infinity Park.
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Denver Senior Living Community Awarded LEED Gold
The owner, Zocalo Community Development, is known for its focus on creating sustainable communities.
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Pinnacle to Manage Luxury Property in Denver
The 258-unit property in Eaglewood recently traded for a little less than $70 million.
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Allied Orion to Manage 573-Unit Denver Community
New owner Arel Capital has chosen the Houston-based firm for the 32-acre Spyglass Hill Apartments.
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Denver Leading the Way towards Sustainable Communities
The cities of Denver and Arvada, Colo. are leading the way towards sustainable communities in America.
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New Seniors Community Touts Accessible Social Media
Senior housing and health care property REIT LTC Properties has announced the opening of the $9.8 million Chelsea Place, a 48-unit memory care community in Aurora, Colo.
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$40M Wildlife Museum Donated to the University of Colorado
The University of Colorado recently received the largest real estate donation in its 138-year history: The Wildlife Experience facility in south Denver.
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Brookfield Office Properties Inc. Sells 50 Percent Stake in Denver’s Tallest Building to MetLife
Brookfield Office Properties Inc. recently announced it has sold a 50 percent stake in the Republic Plaza office building and entered into a 50/50 joint venture partnership with MetLife on the office tower in a transaction valuing the property at $480 million. Net proceeds to Brookfield are around $98 million. Brookfield will retain management and leasing responsibilities at the property.
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HFF Secures Financing for Hudson’s Bay Centre in Denver and Bella Springs in Colorado Springs
HFF recently announced that it has secured $21.5 million in financing for the Hudson’s Bay Centre. Working on behalf of the borrower, a 50/50 partnership between MDC Realty Advisors USA Inc. and Artis REIT, HFF placed the seven-year, 3.76 percent, fixed-rate loan with Principal Real Estate Investors. The loan proceed were used to acquire the Class A, 172,912-square-foot office building.