Colorado
Berkadia Boosts Denver Team with Two Additions
Berkadia expanded its Denver team with the addition of Monica Newman and Nick Steele. Newman joins as Managing Director, and… Read more
RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s… Read more
EverWest Sells Phoenix Asset for $33M
Admiral Capital Group, an investment firm founded by former NBA player David Robinson, acquired The Madison, a 177,312-square-foot Class A… Read more
IRET Exits North Dakota Market with $42M MF Portfolio Sale
Minneapolis-based IRET closed on the sale of its interest in a Williston, ND multifamily portfolio to Weidner Apartment Homes for $42.3 million. IRET owned… Read more
“External Factors” Give Manhattan Condo Buyers Pause in Q2
Second-quarter sales of residential condominiums and co-ops in Manhattan slipped 16.6% from a year ago, marking the third consecutive quarter… Read more
$119M in Financing Arranged for Denver-Area MXU
A joint venture between Catalina Development Company, The Pollin Group and Sightway Capital secured $118.5 million in financing for The… Read more
$20M Construction Loan Secured for Denver Condo Development
Knighthead Funding, LLC provided Denver, CO-based Alpine Investments with a $20 million construction loan for Edge LoHi, the first new… Read more
Deliveries and Demographics: Q&A with Colliers’ Will Mathews
In this Q&A installment, Connect Media posted questions about apartment deliveries and demographics to Colliers International’s Will Mathews, who is… Read more
Northland Acquires Downtown Denver Tower for $131M
Massachusetts-based Northland Investment Corporation acquired 1600 Glenarm Place, an iconic, mixed-use high-rise located on the 16th Street Mall in downtown… Read more
Bow West Capital Revitalizes Historic DTLA Building for Cannabis-Related Companies
Santa Monica-based Bow West Capital is redeveloping “Green Street,” a seven-story building at 718 South Hill St. in DTLA as… Read more
U.S. Crane Title Remains in Emerald City
Seattle retained its crown as the crane capital of America, a distinction it has held for the past three years.… Read more
Mass Transit Drives Rent Growth in Major US Metros
The national average rent in transit-accessible office buildings was 65% higher than the average market rent in early 2018, according… Read more
APN Lodge Breaks Ground On $136M Vail Valley Project
APN Capital broke ground on All Points North Lodge, a $136-million integrated behavioral health, wellness and addiction recovery program located… Read more
What’s Driving Uptick in Reverse Commutes?
The trend of living within urban centers is increasing, though it is creating an unexpected situation. According to JLL’s newest… Read more
Griffin-American Acquires MOB in Grand Junction, CO for $32M
American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., acquired a Class A… Read more
Blackstone In Talks to Acquire Marriott Hill Country Resort
The Blackstone Group LP is reportedly in talks to buy the 1,002-room J.W. Marriott San Antonio Hill Country Resort &… Read more
Aurora Retail Portfolio Trades to Colorado Investor
Quantum Real Estate Advisors has brokered the sale of a roughly 45,000-square-foot retail portfolio in Aurora, IL, including the 31,000-square-foot… Read more
$33M 1031 Exchange Completed in Victorville
Arcadia, CA-based Positive Investments acquired two multifamily properties in SoCal’s Inland Empire for a total of $33 million. The 320-unit… Read more
Industrial Sector Trends: E-Commerce & Cannabis
There’s still time to join us for Connect Industrial in Chicago on July 11th. Leading up to the conference, Connect… Read more