The purchase of the 1,184-unit Palomino Park complex beat the $350 million sale of a 1,523-unit Denver complex in 2016.
$435M deal for Highlands Ranch apartments sets new state record
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].
Apartment developer pays $4.7M for White Fence Farm site
After the city of Lakewood was sued to gain approval, a 202-unit complex will go up on 7.36 acres. The 12,500-square-foot barn will become a clubhouse.
Prominent downtown parking lot on the market after selling for $17.5M in 2019
A developer made headlines in 2018 by proposing what would have been Denver’s tallest building at 650 17th St. The seller paid $699 a square foot for the 0.57-acre lot.
Two 400-foot towers planned by new owners of former Greyhound block
Golub & Co. and Rockefeller Group want to build a 38-story residential building and a 28-story office building on the 2.45-acre site at 1055 19th St.
Re/Max cuts size of DTC headquarters, embraces working from home
The company is going from nine floors to five at 5075 S. Syracuse St. and expects to regularly host about 280 of its 600 employees.
RiNo’s EXDO Event Center changes its name to lure more music acts
Musicians “want to play in a place with a cool name,” said the operator of ReelWorks Denver. The rebranded venue got $250K in upgrades during the pandemic.
Amazon Fresh replacing former Safeway in southeast Denver
The building at 4950 E. Hampden Ave. had previously been leased by Tony’s Meats and Market and later by Marczyk Fine Foods, but they never moved in.
Developer planning to demolish hotel on Colfax buys it for $14M
Kairoi Residential wants to build a seven-story apartment complex with 334 units on the two acre site.
Two multifamily buildings planned for Jefferson Park parking lot
The five-story structures, one with 205 units and the other 146, would be built on a 3.1 acre site next to the Diamond Hill office complex.
Colorado Christian University sues Lakewood over ‘student living’ zoning
The lawsuit argues a city ordinance prohibiting the university from owning and renting housing off its main campus to students is unconstitutional.
