The company announced this month that it will write off millions in losses after paying too much for homes and it has stopped buying them.
Residential Real Estate
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RiNo property rejected for apartment rezoning sells for $22M
The buyers already own 13 acres in the Denargo Market area and added 3275 and 3315 Denargo St., which are home to a warehouse and a self-storage facility.
Denver real estate firm partners feud over use of investor funds
“This is a partnership dispute where one side is improperly using the courts to extract a greater settlement,” an attorney for Flywheel Capital’s Ben Hrouda said.
Top 5 home sales: Shanahan mansion price was double the next costliest
The record $15.7 million Cherry Hills Village sale was followed by three in Boulder each between $5.9 million and $7.2 million.
Redevelopment of Aspen Grove mall in Littleton going to council for vote
Gerrity Group, which bought the mall in 2016, wants to cut retail space in half to 125,000 square feet and add 2,000 residential units.
Colfax container condo project scrapped
Stackhouse was supposed to be a steel structure with slots for 62 shipping container homes, but the couple developing it say the cards were stacked against them.
LoHi home once listed for $8M sells for $5M a year after it was built
The owner of the 7,261-square-foot house at 2605 18th St. dropped the price three times before finding a buyer.
Denver requests proposals for an ‘innovative’ homeless housing project
The city seeks “a mixture of shelter and permanent housing” and is looking for teams with documented property ownership.
Shanahan’s Cherry Hills mansion sold to investment firm CEO
The 32,254-square-foot home sold for $15.7 million, setting a record for the price of a single-family home in the Denver area.
YMCA teaming up with two firms on University Hills redevelopment effort
The deal could result in a new YMCA building and the nonprofit selling some of its land to developers who plan to build apartments.