After a tough 2016 for for-profit colleges, the parent company of Denver-based Aspen University shows no signs of slowing.
Alpine Investments Denver bought the former private-school property for nearly $4 million, with plans to spend $500,000 on renovations.
The gift includes both seed and long-term funding for the institute, which will combine artistic and technology education.
Six of Colorado’s schools topped 10 percent for investment returns in the most recent fiscal year.
Denver Public Schools dropped $11 million on a 13-acre campus that houses the district’s High Tech Early College.
Following a May hailstorm that damaged the roof and flooded stores, the Lakewood mall has been piecing itself back together, focusing first on tenants with external entrances.
The district bought 42 acres near the Bronco’s practice facility owned by Dove Valley Business Park Associates for $5.8 million.
The university started accepting applicants July 31 for the degree program, which will cost the same as part-time MBA classes.
The investors in a Cherry Creek private equity firm have turned on their former fund manager, saying he mismanaged $23 million they placed in his care on startups to benefit himself and his family members.
The Carl R. Zerger Elementary School at 9050 Field St., which sits on more than 8 acres, closed in 2011.