Denver apartments fetch $11.6M, the city buys land for a new park, and more sales and leases.
Commercial Real Estate
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The Pipeline: Commercial real estate deals for 6.14.24
‘Financial freefall’: Receiver will run Castle Rock project $40M in debt
UMB Bank says Bridgewater was “financially abandoned” and “hemorrhaging money.”
Pair of Glendale office buildings enter foreclosure
The owner of Cherry Creek Plaza I and II bought them in March 2020.
87 percent off: Two DTC office buildings sell for huge discount
The buildings fetched more back in the 1990s, when they were constructed.
Ex-mayor looks to incorporate Castle Rock’s oldest building into downtown hotel
“You’ve got to have a town that’s very open minded to do that, and Castle Rock right now is that way,” said Tim White.
‘Junior designer’ shoddily drew up Cherry Creek building, developer says
4240 Architecture defends its “quality work” and says the developer won’t pay up.
Residential conversion proposed for downtown’s University Building
The structure, historically a hub for jewelers, was floated as a possible hotel pre-COVID.
The new pickleball? Five Points lands club for different racket sport
Padel originated in Mexico and has grown in popularity, trailing the rise of pickleball across the country.
Lender sells $60M note on ‘abandoned’ Wadsworth apartment project
The 350-unit apartment complex in Lakewood is two-thirds complete, its receiver says, after the bank put another $750K to stabilize it.
Software firm Xactly downsizes downtown
European sports book Tipico leased half of the available sublease.
