For 17 months, the bank accounts of Watson and his company have been controlled by a court-appointed receiver, with whom he has repeatedly clashed.
Thomas Gounley
The Pipeline: Commercial real estate deals for 4.28.23
A Solar energy firm leases office space downtown, an income-restricted housing developer pays $5M for land by Ruby Hill Park and a 265k sq. ft. industrial lease is signed.
Downtown office valuations flat as Denver retail, hospitality properties rebound
Commercial property owners are seeing less of a change in valuations in the latest two-year cycle than residential property owners.
Ski area food truck to operate next to shuttered Echo Lake Lodge this summer
Denver decided last year not to renew a contract with the family that had operated Echo Lake Lodge beneath Mt. Evans for decades.
Downtown condo developer proposes second two-tower complex on same block
The project by Amacon would be 39 stories and Denver’s largest condo building by unit count.
Council votes 10-0 to landmark City Park West home against owner’s wishes
“I think we have before us tonight an example of extraordinary,” one council member said.
‘We are going to lose for sure,’ developer says of Monday landmark vote by council
Mike Mathieson now wants to build income-restricted units on the property. An ex-mayor is among those calling for preservation.
The Pipeline: Commercial real estate deals for 4.21.23
Castle Rock apartments sell for $67M, UCHealth buys a City Park West building and a 30k sq. ft. industrial lease is signed in Denver.
Friends plan four-story condo project in Cherry Creek
“Nothing in real estate is a sure thing. But Cherry Creek is something special to both of us,” said Dave Bracht, who has been friends with Frank Penn since the 1990s.
Lincoln Park site eyed for apartments sells for $5.5M
The property is within a largely industrial area, although Denver Water’s headquarters is within a couple blocks.