GFI Development Co., which purchased the site in 2016, has proposed renovating three nearly century-old structures and building an 11-story building on an existing parking lot.
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The Pipeline: Commercial real estate deals for 9.18.20
A $163 million purchase of a 959-unit apartment complex in Denver was the week’s top sale and 136,701 square feet of industrial space in Louisville was the top lease.
The Herd: New hires, departures and promotions 9.16.20
A staffing search agency names a talent partner; new vice presidents at advertising, insurance and tech firms.
Hundreds of property owners sue five county assessors for pandemic relief
The coronavirus outbreak, they argue, constitutes “unusual conditions” — the phrasing in state law that allows for new assessments to be taken in an off year.
The Pipeline: Commercial real estate deals for 9.11.20
Newmark Knight Frank reports the following deal: Dayton, Ohio-based The Connor Group purchased the 300-unit apartment complex Broadstone Lowry at 8505 Lowry Blvd. in Denver for $105 million from Alliance Residential. Terrance Hunt, Shane Ozment, Amanda Meldrum and Craig Ratterman represented the seller. Trion Properties reports the following deal: Trion Properties purchased the 288-unit apartment… Read more »
Convenience store chain leases space in City Park West for new store concept
The pump-free location will be the second “urban walk-up” store that Kum & Go plans to open locally.
Gilbert Law loses appeal in case against Gilbert Law
An appeals court judge ruled that the Gilbert Law Firm violated a settlement agreement with The Gilbert Law Group when it continued to use www.gilbert-law.com. It’s the latest in a five-year dispute.
State retirement system accuses firm of deceitful marketing
A lawsuit by the Colorado Public Employees’ Retirement Association, commonly known as PERA, claims that Las Vegas-based PERA LLC’s “business model relies on confusion.”
The Herd: New hires, departures and promotions 9.8.20
Moves in law, real estate and more.
Meet BruMate’s Dylan Jacob, the 25-year-old founder of Colorado’s fastest-growing company
The owner of the insulated beverage holder maker, which is on track to surpass $100 million in sales this year, has been a lifelong entrepreneur focused on making money since the second grade.