Denver-based RMS Cranes alleges the men set up side businesses and then marked up rates charged by subcontractors.
Crane company suit accuses former CEO and other execs of stealing profits
Thomas Gounley
Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].
Ballpark apartment complex sells for $103M a year after opening
The developer of Ballpark’s Canvas on Blake apartment complex has sold it. Lennar Multifamily Communities sold the complex at 2401 Blake St. last week for $103.3 million, according to public records. The buyer was LW Canvas LLC, which lists an office address that corresponds to that of San Francisco-based real estate investment firm Cahill Equities…. Read more »
Four-story LoDo building being vacated by Inspirato purchased for $15M
The buyer, Global Pacific Properties, already owns other buildings downtown and recently made a purchase in RiNo.
Cybersecurity firm inks first office lease at McGregor Square development
Denver-based Red Canary is taking two floors with about 43,000 square feet in an 11-story mixed-use building next to Coors Field.
Filings lay bare Shotgun Willie’s 2019 income: $4M for booze, $340K for table dances
The Glendale strip club submitted an income statement for last year in connection with its recent Chapter 11 bankruptcy filing.
New developer plans similar project at Uptown site where condos were proposed
Opus Development is planning a 12-story building with 250 units, the same as Nava Real Estate Development did in 2017 but never broke ground.
Livestock Exchange Building sells for $8.5M
Public agencies have been leading redevelopment of the area. But a pair of Denver real estate firms have found their way in.
Firehouse-turned-beer garden brewing in Edgewater’s ‘original town square’
Denver-based City Street Investors purchased the site in the small municipality west of Sloan’s Lake last year.
Denver to fine Airbnb and other sites $1K per day for booking unlicensed rentals
The city began regulating short-term rentals in 2017, requiring hosts to obtain a short-term rental license.
$250K settlement proposed after Dragul sues Brownstein Hyatt for $58M
No party involved is particularly happy, but the law firm said settling would be cheaper than legal fees.
