Seneca Capital Partners’ first fund will be used to make down payments on eight to 12 communities around the country.
Residential Real Estate
The first residents are expected to move this month to the site, which has 99 condos and townhomes, as well as commercial space.
The Seattle-based company wants to replace a parking lot next to the Cherry Creek Trail with an eight-story building.
Former Evergreen homeowners claim they told their agent in confidence about financial difficulties, which required them to refinance the home with a hard-money loan. One of the agents said word about their financial difficulties did get out — But it wasn’t real estate agents who spilled the beans.
Denver City Council has approved the rezoning of The Denver Post’s former printing plant in Globeville, the latest step toward the property owner’s vision of seeing the 41 acres become a mixed-use neighborhood with structures as tall as 12 stories.
Akara Partners now wants to build a 23-story structure at 2136 Lawrence St.
The city council, representing a town of 46,000, voted 6-0 to pass an ordinance preventing Airbnb hosts and other vacation renters from obtaining new licenses until mid-October.
The property previously was home to Newberry Brothers Greenhouse & Florists, which moved several years ago.
Profit soars for seller RedPeak, which bought 1600 Glenarm Place for $10.75M in March 2004
Fetching $1.4 million less than its original listing price, a Cherry Hills Village mansion was the highest-priced home in the Denver metro area last month.