Fortress Capital’s takeover follows years of court battles with Nelson Partners.
Commercial Real Estate
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Bankrupt Auraria Student Lofts goes back to lender Fortress
The Pipeline: Commercial real estate deals for 9.13.24
Lakewood apartments trade for $52M, Conifer Italian eatery sells and more.
Pair of West Colfax development sites enter foreclosure for second time this year
“This project had been on a pause over the last six to eight months and during that time we did fall behind,” Flywheel Capital founder Ben Hrouda said.
Worries mount over fate of Denver’s Grande Dame, the Brown Palace Hotel
Former employees say ownership has left the historic Colorado hotel vulnerable, but management says upgrades have been made.
Townhomes in, offices out as developer alters plans for 10-acre DTC site
Alberta Development Partners still plans to bring a grocery store to the corner of Orchard and I-25.
9/11 foundation buys hotel near Colorado and I-25 to house homeless vets
The Fairfield Inn fetched less than it did in 2006.
Office properties to see ‘a spreading of value’ this cycle, Denver assessor says
“That’s kind of what we’re looking at, is really a two if not three-tier market,” Keith Erffmeyer said at a BusinessDen event.
Continuum-linked trust pays $2M for Welton Street lot
It’s the second site where the firm and Haroun Cowans’ Goshen Development plan to build. Palisade Partners was the seller.
‘Incompetent’ developer, software hindered Lincoln Park project, hedge fund says
Madelon Group and Blue Room are supposed to be building apartments near the Santa Fe arts district. They’re suing each other instead.
Golden Triangle landlord says software firm’s office complaints are overblown
What sewage smell?