Colorado
Office Demand Ticks Up as Signed Leases Tick Down in Major U.S. Markets
Many top U.S. office markets showed improved demand for new office leasing during October, CBRE reported Tuesday. However, the other two leading… Read more
Well-Located Multifamily in Strong Job Center Aligns with RREEF’s Portfolio Strategy
RREEF Property Trust Inc., a publicly registered REIT advised by DWS through an affiliate, recently acquired a 306-unit class-A multifamily… Read more
Kaiser Union Reaches Tentative Agreement to Avert Strike
Union leaders representing 50,000 nurses and other U.S. medical staff reached a tentative agreement with Kaiser Permanente, averting a strike… Read more
Port Authority Convenes Panel to Study AirTrain Alternatives
The Port Authority of New York and New Jersey said Tuesday it had convened a panel of experts to review mass transit options for… Read more
Loft 9 Marks PCCP’s Second Colorado Buy in 2021
A joint venture of PCCP LLC and Trion Properties recently acquired Loft 9 Apartments, a 418-unit low-rise apartment community located… Read more
Claro at High Point Locks in JV Equity and Construction Financing of $90M
Combined joint venture equity and construction financing of $90.4 million was recently arranged for Claro at High Point, a 365-unit… Read more
American Tower, CoreSite Forge $10B Acquisition Deal
American Tower Corporation and CoreSite Realty Corporation said Monday that they had reached an agreement for American Tower to acquire CoreSite for $170… Read more
Westcore Snags Seven-Property Mountain West Portfolio
Westcore recently acquired the Mountain West portfolio of seven properties, consisting of four in Phoenix and three in Denver, for… Read more
Rising Realty Partners Enters TX with Commerce Center Stafford Buy
Rising Realty Partners recently acquired Commerce Center Stafford, a multi-use/light industrial park comprising 16 buildings totaling 245,495 square feet in… Read more
Fully Vacant Chandler Industrial’s Sale Speaks to High Demand
A new 113,100-square-foot freestanding class-A industrial distribution building on 8.7 acres in Chandler recently sold in an off-market transaction. Denver-headquartered… Read more
Kennedy Wilson Sees Long-Term Benefit from $95M Arista Buy
Kennedy Wilson and the real estate business within Goldman Sachs Asset Management recently acquired Arista Uptown, a 272-unit garden-style apartment… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
Grand Peaks Takes Another Round as Conifer Creek Owner
Conifer Creek Apartments, a 480-unit multifamily property located at 2205 S. Racine Way in Aurora, CO, recently sold for $127… Read more
Loft 9 More Than Doubles Trion’s Denver Holdings
Trion Properties along with equity partner PCCP LLC recently acquired Loft 9 Apartments, a 418-unit multifamily community in Denver for… Read more
Avery is Decron’s Fourth Phoenix MSA Acquisition in Six Months
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery… Read more
TA Realty Elevates Two Senior Executives to Partner, Acquisitions
Boston-based TA Realty, LLC, has promoted two senior executives from its acquisitions group, Christine Elmore and Thomas Shapiro, to partner.… Read more
Flywheel Finds Newly Renovated and Leased Gateway Centre a Good Fit
Gateway Centre, a four-building office campus totaling 299,614 square feet in Denver, recently sold for $66.85 million to Flywheel Capital.… Read more
Refi to Cover Cap Expenditures for Portfolio Renovation
A cash-out refi of $35.4 million was recently secured for a six-property 209-unit multifamily portfolio built between 1967 to 1968… Read more
NASA to Provide a Glimpse of Juno’s Progress
NASA will hold a virtual briefing at 3 p.m. EDT on Oct. 28 to discuss the latest results from the… Read more