Colorado
Bascom, Harbor JV Picks Up Pair of SoCal Assets
Irvine, CA-based The Bascom Group and joint-venture partner, Harbor Associates, acquired two office buildings in Los Angeles and San Diego… Read more
Paul Weissman on Affordable Housing: Not Just for Cities Anymore
Mention “affordable housing,” and what might come to mind are blocky multifamily complexes set near or around urban centers. According… Read more
CIM Buys Denver’s LoDo Towers for $189M
Los Angeles-based CIM Group acquired LoDo Towers, a two-building office campus and parking facility in Denver from Zeller Realty Group… Read more
Northstar Inks Long-Term Deal with Children’s Hospital of Colorado
Denver-based Northstar Commercial Partners signed a long-term lease with Children’s Hospital of Colorado for space at 830 Potomac Cir. in Aurora, CO. The… Read more
$83M Construction Financing Arranged for Lakefront Denver Condos
HFF arranged $83 million in financing for the development of Lakehouse on 17th, a 196-unit, for-sale condominium project in Denver’s… Read more
Kevin Chadwick Joins Hunt Mortgage Group
New York-based Hunt Mortgage Group bolstered its team in Denver with the addition of Kevin Chadwick, who joins the firm… Read more
Legacy Delivers First Apartments in Second Phase of Colorado Development
Legacy Partners delivered Phase II units at Legacy on the Promenade, a 276-unit multifamily project in Denver’s Westminster Promenade. The latest… Read more
Multifamily Rent Growth Springs into Gear
Multifamily rents in the U.S. performed strongly in April, rising $4 to $1,377, according to a survey of 121 markets by Yardi Matrix. Rents… Read more
Q&A with KTGY’s Terry Willis: Leveraging Connections for Boomers
By Dennis Kaiser It is estimated that 10,000 people will turn 65 every day through 2030. This demographic shift points… Read more
U.S. Retail Sector Continues to Weaken, E-Commerce Increases Market Share, Drags Down Fundamentals
Ten-X Commercial released its latest U.S. Retail Market Outlook, including the top five ‘Buy’ and ‘Sell’ markets for retail real… Read more
McDougal Properties Unloads 1,154 Units to Colorado Buyer
A Colorado buyer has lightened the portfolio of McDougal Properties by acquiring an 1,154-unit, three-property multifamily portfolio in Lubbock, TX.… Read more
New Tax Plan May Boost U.S. Apartment Sector
The recently-enacted U.S. tax reform bill is poised to benefit the U.S. multifamily investment market, according to CBRE. Researchers looked… Read more
JLL Adds 14 MF Pros, Expands West, SW Footprint
JLL expanded its multifamily platform with the addition of 14 professionals across the West. Joining JLL in Phoenix from Walker… Read more
Denver-Area MF Trades for $39M
Ranch at Bear Creek, a 201-unit apartment community in Lakewood, CO, has sold for $38.5 million. HFF marketed the asset exclusively on… Read more
Related Acquiring Affordable Portfolio from Aimco for $590M
Related Companies is acquiring 7,837 affordable housing units from Denver-based Apartment Investment and Management Company (Aimco) in a $590-million deal.… Read more
PIMCO to Austin: You’re It
Pacific Management Investment Co. (PIMCO) tapped Austin for its third office in the United States. The Newport Beach, CA-headquartered fixed-income… Read more
U.S. Construction Costs Are Rising
Comparing the first quarter of 2017 to 2018, construction costs are going up. According to a report published by Rider Levett… Read more
Cigna Relocating Regional HQ to ASB, LPC Denver Building
Cigna signed a 135,800-square-foot lease for a regional headquarters at ASB Real Estate Investments’ and Lincoln Property Company’s recently completed… Read more
eHealth Inks Deal at Paloma Ridge
eHealth, a California-based online health insurance provider, signed a 26,878-square-foot lease at Paloma Ridge in northwest Austin. Chris Perry and… Read more