Colorado
Walker Webcast: Governor Jared Polis On Trending State and National Topics
Jared Polis is the governor of Colorado. He’s a Democrat that leads a “purple” state in which some areas are… Read more
Work Starts on New Denver-Area Multifamily Asset
The 254-unit multifamily development in neighboring Broomfield will be called the Lock at Flatirons. Titan Development and Pivot Development are… Read more
Northmarq Brokers Sale of Two Albuquerque Apartment Properties
The properties, the 232-unit Courtyards and the 297-unit The Arbors, were sold to a California-based buyer with the help of… Read more
Dodge Momentum Index Up 7% in May on Non-Residential Construction Planning
The Dodge Momentum Index (DMI) jumped 7% in May to 176.2 (2000=100), up from the revised April reading of 165.2. … Read more
URG Snags Denver Office Building for $34M
Seattle-based Urban Renaissance Group, LLC (URG) has acquired a six-story, 150,000-square-foot Class A commercial office building in the Denver area… Read more
Ashcroft Forges Multifamily Partnership with Goldman, Blackstone Funds
New York City-based multifamily investment firm Ashcroft Capital has closed on a strategic partnership with institutional investors including investment funds… Read more
600,000 Square Foot Tech Park Okayed for Denver-Area Town
The Broomfield City Council recently granted approval to St. John Properties to kick off development activities on Simms Technology Park.… Read more
Three Denver Apartment Communities Acquired by RedPeak Properties
The three Denver Wash Park Neighborhood properties sold for a combined price of $23.5 million ($293,750 per unit). The portfolio… Read more
Walker & Dunlop Investment Partners, Pacific Life Forge Programmatic JV
Denver-based Walker & Dunlop Investment Partners, Inc. (WDIP) said Wednesday it had partnered with Pacific Life to form a $500-million programmatic joint… Read more
CBRE Helps Spin Off Two Western Region Cold Storage Buildings
A newly renovated 78,000 square foot cold storage building was sold in Boise, Idaho. It traded for $17.75 million, or… Read more
Fort Collins Student Housing Project Sells for Record Sum
The Social Fort Collins, a 68-unit, 136 bed student housing facility was sold for $25.5 million. The complex, built in… Read more
Bluffs at Castle Rock To Get Upgrade Thanks to $56 Million Loan
The 24-year old 220-unit garden style multifamily is being renovated and recapitalized. PCCP LLC was the lender. The property ownership… Read more
New Investment Group Buys Six Boulder-Area Buildings
Good Investment Partners (GIP), a new Denver-based private equity firm, has acquired a portfolio made up of six different projects.… Read more
BREIT Completes $3.7B Deal for Resource REIT, Adds 42 Apartment Properties
Blackstone Real Estate Income Trust, Inc. (BREIT) has completed its previously announced acquisition of Resource REIT, Inc. for $14.75 per… Read more
Boulder Corridor Corporate Center Sells
Lotus Company purchased the Church Ranch Corporate Center for $25.4 million. At 124,500 square feet that works out to $204… Read more
EverWest Snaps Up Luxury Mixed-Use Near Downtown Seattle
A luxury mixed-use apartment building nearby downtown Seattle has sold in a transaction structured by Kidder Mathews. The 130-unit mixed-use… Read more
Walker Webcast: U.S. Senator Michael Bennet Talks About Climate Change, Economics and Democracy
In early 2019, a C-Span video of U.S. Senator Michael Bennet went viral. A normally soft-spoken individual, the Colorado representative… Read more
SRS NNLG Brokers $11M Sale of Colorado Medical Building
Newport Beach-based SRS Real Estate Partners National Net Lease Group (NNLG) has completed the $11 million sale of a fully… Read more
New 157 Acre Industrial Park Going in South of Denver Intl. Airport
JAGreen Development LLC (JAG) is partnering with Raith Capital on the development of a new two million square foot industrial… Read more