The multifamily market in Colorado Springs finished strong in 2016, with total apartment sales over $550 million. With 2015’s total sales volume of $453 million and 2014’s $485 million, the total apartment sales volume for the last three years is approximately $1.5 billion
Like a lot of people, Mike Harms was thrilled last year when the Chicago Cubs won the World Series.
Harms had a bit of a different reason to cheer the Cubs ending its 108-year championship drought, though.
Before returning to Denver, almost exactly a year...
Oskar Blues Fooderies recently inked a 15,589-square-foot lease at the historic DeGraff Building in downtown, where it plans to open a restaurant, music venue and taproom in the former Old Chicago Pizza and Taproom space.
Milestone Apartments Real Estate Investment Trust purchased the six-property 1,460-unit portfolio, which included the 276-unit Talon Hill apartments in Colorado Springs and the 168-unit Eagle Ridge apartments in Loveland.
The buyer paid $67.3 million for the 315-unit community in a transaction that represented not only the highest price ever paid in Colorado Springs but also pricing around $50,000 per unit above the previous record sale.