The sellers, Denver-based Brue Baukol Capital Partners and LCP Development, bought the 3.9 acre property in 2016 for $12.7 million.
Residential Real Estate
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17-story apartment building about to start construction at Belleview Station
Trammell Crow, which bought the property last week for $3.46 million or $87 a square foot, is co-developing the project with Prime West.
Commission backs landmark status for Denver7 building against station’s wishes
“With this application, we feel trapped,” said the station’s GM, who wants to sell the property to a developer and relocate to a bigger facility.
March home sales data: Time on the market plummets for new listings
Listings in the metro area spent a median of four days in MLS last month, compared to 12 last year and 15 in 2019.
Greystar buys Union Station apartment project plans from local developer
Pando Holdings sold a 0.37-acre lot and its already approved plans for a 13-story, 198-unit building for $12 million. It paid $6.25 million for the lot in 2019.
Atlanta developer proposes seven-story apartment complex in Sun Valley
The 213-unit project would be built a short walk from Mile High Stadium, behind sports bar The Original Brooklyn’s.
Heir to cheese empire lists Cherry Creek penthouse for $6.5M
After dropping the price to $3.5 million in June 2020, Mary Leprino pulled her unit from the market and is doing a multi-million dollar rebuild from the studs.
Realtor planning hot pink makeover pays $1.9M for Broadway building
“When this building came up, I kind of freaked out about the price. But I also knew that being on Broadway, it was just a dream for me,” said Vivi Gloriod.
Plans for 12-story RiNo building change from condos to apartments
Developer Edee Anesi said the decision to go after renters instead of buyers was made because “the condo market right now is pretty tough.”
Brokerage Kentwood Real Estate strikes deal for Savvy Realty
Kentwood, which had $2.1 billion in sales volume last year, had previously grown solely by adding new offices but it will absorb the smaller firm.