A lawsuit by the Colorado Public Employees’ Retirement Association, commonly known as PERA, claims that Las Vegas-based PERA LLC’s “business model relies on confusion.”
State retirement system accuses firm of deceitful marketing
Thomas Gounley
Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].
Japanese barbecue chain charges into Cherry Creek
Gyu-Kaku Japanese BBQ, which has a restaurant near Union Station, will open a second location in 4,600 square feet at 100 Steele St.
Westbound & Down heads east to buy Lafayette brewery
The Idaho Springs brewpub acquired the struggling Endo Brewery to expand its operations; But the pandemic forced it to abandon a planned location in Denver.
Nascent brokerage sued by crosstown firm with similar name
Aqyre Real Estate Advisors, which helps clients buy and sell apartment buildings, has been sued for trademark infringement by Aqyre LLC, which advises clients on property interests such as oil and gas leases.
Bow River Capital CEO pays $3M for Cherry Creek retail building
The 3,500-square-foot building, which sits on a 5,500-square-foot lot on Detroit Street, is fully leased to women’s boutique Margaret O’Leary and furniture store Coda Studio.
Costco plans new store in Green Valley Ranch
The membership-only warehouse club has agreed to anchor a proposed 223,000-square-foot retail development along Green Valley Ranch Boulevard.
Dazbog Coffee store grinds to a halt after more than a decade along Speer
The company, which has about 25 locations in Colorado and Wyoming, built a production facility in in Lincoln Park dubbed the “Red Square” that can be seen from Interstate 25.
City Council vote on Carmen Court landmark application delayed
The deadline was pushed back to Nov. 9 to give the landmark applicants and condo owners more time to compromise in a dispute over plans to demolish the structure and build a five-story senior living complex.
Denver residents facing felony over short-term rental license see charge dismissed
One defendant proved a home was his primary residence but a spokeswoman for the Denver District Attorney blamed the pandemic and its impact on court schedules for three other cases being dropped.
Project Snapshot: Hyatt Centric
The 14-story hotel going up downtown at the corner of 18th and Champa streets will have 263 rooms.
