What does it cost to attach your company’s name to the Denver race? Expect to pay at least $250,000 annually, with a three-year commitment.
Thomas Gounley
Opendoor’s first six months in Denver: 201 homes bought, 79 sold — 21 percent at loss
The company — the largest of the “iBuyers” — says it doesn’t aim to make money on the resale, but rather on the fee it charges individuals from which it buys homes. Even then, profit margins are slim.
Uptown apartment building fetches $7.8M
That’s up 76 percent from six years ago, the last time the Thomas Jefferson Apartments sold.
Uptown office building sells for $2.6M
The three-story building is two-thirds vacant after the former owner-user, a law firm, moved to Golden.
Ballpark building that houses two restaurants sells for $3M
The structure at 2124-2134 Larimer St. is home to restaurants Ignite Kitchen + Cocktails and Aloy Modern Thai.
Attorney twice won steer at scholarship auction but never paid, stock show says
“This is a very unusual situation,” an attorney representing the Western Stock Show Association told BusinessDen.
Vacant church along South Federal sells for double 2017 sale price
The buyer wants to demolish the structure and build a small medical office building.
The Pipeline: Commercial real estate deals for 5.17.19
Newmark Knight Frank reports the following deals: Gelt Oneida Fee Owner LLC and JSLT Oneida LLC purchased the 384-unit Cedar Run apartment complex at 816 S. Oneida St. in Denver for $62 million from WWG LP IV. Terrance Hunt and Shane Ozment represented the seller. Alliance Realty Partners LLC purchased 6.02 acres at the northeast… Read more »
Lakewood home health care agency sues Arizona company that shares name
Acaria Inc. is alleging trademark infringement and unfair competition.
Edens buys another building in RiNo
The two-story building sold for $1.75 million — 78 percent more than when it last changed hands four years ago.