The apartments average 365 square feet, the same size as the former hotel rooms. Rent averages $1,150 per month.
Commercial Real Estate
Fresh off projects in RiNo and LoDo, Alliance Residential has fenced off a former assisted-living facility on East Lowry Boulevard.
East West Partners rescued the stalled project in 2013. The California-based buyer gets 170,000 square feet and an acre of land to build a restaurant.
A three-story building soon will rise on the northwest corner of East First Avenue and Uinta Way for a Denver-based operator of clinics to treat eating disorders.
Denver purchased a half-acre site that includes El Duranguense Grocery at East 47th Avenue and Brighton Boulevard last month for $1.76 million.
After renting office space at 2244 Broadway downtown for four years, a design firm pounced on the real estate, purchasing it for $1.2 million in a deal that closed last week.
Tucked in among the many bulldozers digging into the neighborhood, a real estate investor found a renovated property he plans to keep as is.
The organization hosted its 56th annual awards dinner on Thursday night.
The developers behind the Lowenstein Theater complex renovation purchased a retail shop down the street at York Street and East Colfax Avenue for $1.15 million on May 15.
The Jefferson County School District last month listed the 30,000-square-foot former Sobesky Academy at 2001 Hoyt St. for $2.8 million.