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Myth: Due to economic constraints, the Hospitality industry is not something to invest in right now. Reality: Despite macroeconomic headwinds, geopolitical tensions, and ongoing supply chain disruptions, the global lodging industry remained resilient in 2022, with fundamental performance accelerating toward a full recovery to pre-pandemic levels. According to McKinsey & Company, the recovery of the hospitality… Read more »
In the first phase to finish next summer, the developer is constructing three buildings.
“This isn’t a space to be another sea of multifamily,” one executive said. “It’s an amenity desert,” another added.
DTC apartments sell for $89M, a Centennial church fetches $2M and Castle Rock retail space changes hands.
The building’s owner pleaded guilty to fraud in 2015.
Kolacny Music, which opened in 1930, will close on Sept. 30.
But the developer, Leon Cisneros, says he is the one who is owed money.
The restaurant’s parent company sold the real estate in 2015, only to buy it back last year.
This is the second recent unanimous rezoning approval in the neighborhood.
A food tech startup takes space in RiNo, an Aurora church fetches $11M and a local developer sells LoHi apartments for $29M.
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