A 54-unit complex has changed hands for more than quadruple its 2007 purchase price.
Cheesman Park apartment building sells for $15M
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].
Building boom bypasses bank branches
Despite the Denver area’s building boom, one industry is less and less likely to move into the new structure down the street: Your neighborhood bank.
Australian firm set to acquire Stapleton retail center
The transaction is part of a larger, $3 billion deal that calls for the company from Down Under to acquire an ownership stake in 10 malls.
$140M sale of Cherry Creek apartments sets new record
A deal for a 2-year-old apartment building on First Avenue, BMC Investments’ first development, has ended “a five-year journey” for its owner.
Capitol Hill landlord reduces rent for tenants who list on Airbnb
An apartment complex appears to have found a way to earn more from Airbnb while still complying with the City of Denver’s new short-term rental regulations.
The Pipeline: Commercial real estate deals for 10.6.17
A 60-unit multifamily property in Denver sells for $18 million and a Littleton office building trades hands and signs tenants in this week’s roundup.
Startup real estate firm poaches from JLL
Three JLL employees have jumped ship to join a small Denver-based real estate company’s new brokerage division.
Wells Fargo keeps top spot in Denver deposits market share
The San Francisco-based company has more than $22 billion in deposits, according to new data released by the Federal Deposit Insurance Corporation.
LoDo parking lot sells for $20M an acre
A land deal on Market Street last month is in rarefied air: the $20 million per acre club.
Arvada sues contractor that built Old Towne parking garage
The city alleges that an Omaha-based construction company has failed to provide documentation of the costs it incurred while building the three-story facility.
