Jeff Oberg says that John Callahan embezzled. Callahan says that’s not true.
Commercial Real Estate
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Developers locked in he-said, he-said legal dispute along Wadsworth
The Pipeline: Commercial real estate deals for 8.16.24
Apartments on former White Fence Farm site in Lakewood fetch $77M, BMC buys in Aurora and more.
Law firm Fennemore takes bulk of Moye White’s RiNo office space
The firm plans to sublease its 12,000 square feet in the Wells Fargo Center.
Empower stuck with $3M downtown lease until 2028, judge decides
Its “clear and unambiguous” lease prevents an early termination in October.
Council rezone vote paves way for DTC office-to-residential conversion
Neighboring Cherry Hills Village’s mayor had objected to Shea Properties’ plans for 4340 S. Monaco St.
Inspirato cuts 15% of staff, names new investor CEO
The struggling travel club, whose previous CEO assumed the job last September, was recently granted a reprieve from its Nasdaq delisting threat.
Formativ plans three buildings on ex-World Trade Center site in RiNo
Offices are out. Apartments are in. A hotel is still in the mix. One building could break ground this year.
Park Meadows owner pushes back planned apartments on its parking lot
But Brookfield is moving forward with adding more retail space and a parking garage.
Local developer breaks ground on condos by Sloan’s Lake
“We need lower home prices … The magic is getting there through density,” Lokal Homes co-owner David Lemnah said.
Developer claims his accountant has embezzled $1.4M since 2015
Michael Geller, 78, is suing Donald Prosser and an accounting firm in Glendale.
