As the multifamily industry ponders how to meet the housing needs of millennials and baby boomers, Colorado is facing two very different demographic paths looking forward. How we recognize and react to the needs of these population groups will have a major effect on the
Property Location: 2401 S. Delaware St., Denver
Property Description: 31,357-sf warehouse, includes 1,357 sf of office space, YOC 1967, masonry
Land Size: 1.12 acres
Sales Price: $2.06M, or $101.10 psf
Reception No.: D7015801
Grantor: Kenton C. Ensor
Grantee: PB Enterprises LLC, Barry A. Hamilton & Phillip L. Owens, mbrs.,
Closing Date: 2/8
Financing: $2.13M payable...
Not Hollywood movie studios, but studio apartments.
At least that is the perspective of Daren B. Schmidt, a managing partner at Greenwood Village-based Allante Properties.
Online inquiries for studios account for about 25 percent of studio apartments, Schmidt noted.
But only 4...
Forget about going for the Gold.
That is so 2009.
Hines and Invesco Real Estate recently unveiled that 1515 Wynkoop has moved up a notch to Platinum. The Class A office building that shares its name with its address, opened in 2009 as a...
Property Location: 650-670 S. Wadsworth Blvd., Lakewood, “Office Depot”
Property Description: 46,534-sf multitenant shopping center, YOC 1992-95, masonry construction
Land Size: 4.23 acres
Sales Price: $8.4M, or $180.51 psf
Reception No.: 2017014488
Grantor: Rebuild LA-Lakewood LLC, Martin A. Ensbury, 310-880-0132, or martin@theEnsburyGroup.com
Grantee: LOCSAW Venture LLC, Erik A. Swanson, mgr., 303-623-0094
Closing Date: 2/6
Financing: $4.5M payable...
Castle Lanterra began looking to make its first apartment community acquisition in Denver in midyear 2016.
The private real estate investment firm kicked the tires on three to six apartment communities before buying the 369-unit Alexan Sloan’s Lake late last year.
The price of admission to the Denver...
Property Location: 565-635 Mohawk Drive, 4545-4595 Laguna Place, Boulder, “Villa Del Prado Apts.”
Property Description: 82-unit, two-story apartment, 92,496 sf, with four buildings, YOC 1968-1974, masonry construction plus parking garage
Land Size: 3.91 acres
Sales Price: $24.15M, or $294,512 per unit, or $261.09 psf
Reception No.: 03569296
Grantor: Boulder Properties Investor LLC, Hollis...
Property Location: SWC Wadsworth Blvd. & W. 38th Ave., Wheat Ridge
Property Description: land value
Land Size: 13.03 acres
Sales Price: $5.73M, or $10.10 psf
Reception No.: 2017012069 (four deeds combined)
Grantor: Chesrown Ford Inc., Jeffrey Shupert, mgr., et al.
Grantee: Quadrant Wheat Ridge Corners LLC, R. Otto Maly, mgr., 573-443-3200; Rodney K. Jones...
Property Location: 636-640 Main St., Louisville
Property Description: 6,464-sf restaurant building, YOC 1988,
Land Size: 20,759 sf
Sales Price: $2.42M, or $374.38 psf
Reception No.: 03572708
Grantor: Blue Parrot Inc., Joan Riggins, president
Grantee: 1882 Ventures LLC, Gregory Maring & Mark Obenholzer
Closing Date: 2/1
Financing: $1.96M payable to seller at 4%, due 1/31/22
Comments: The sale includes...