A 54-unit complex has changed hands for more than quadruple its 2007 purchase price.
Thomas Gounley
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.