A 564-unit apartment complex in Denver for $141 million was the week’s top sale and 33,191 square feet of office space in Denver was the top lease.
The Pipeline: Commercial real estate deals for 1.14.22
Denver
Lawyer Steve Bachar requests public defender in felony fraud case
Steve Bachar spent lavishly on travel and dining in 2020, as well as a Country Club mansion, according to court documents.
Brightmarten in Bonnie Brae serving last meal Sunday
“Being a dine-in-centric business, we have 110 seats in here and we’re not filling them. We’re paying rent on them, so it’s hard to justify the business,” an owner said.
LoDo bar faces license revocation hearing in wake of fatal shooting
Here we go again. The Cabin Tap House is adjacent to the Beta Nightclub, which had its licenses stripped after a similar hearing over safety violations.
Denver’s five-year, 125-mile bike lane project passes halfway point
Once completed by 2024, the city will have about 300 miles of bike lanes. Planners say 400 more miles of bike lanes will be needed by 2050.
The Docket: Real estate lawsuit roundup for 1.13.22
Landlords sue for rent owed, equipment providers want leases paid and contractors seek mechanic’s lien foreclosures.
Renovations planned as four-story LoDo office building sells for $8M
It’s only about 25 percent leased but that was attractive. “We’re deep-value guys, so we like vacancy,” said the buyer.
Matt Joblon sells hotel in Cherry Creek for $51M
RLJ Lodging Trust paid about $301,000 per room for the 170-room hotel, which opened in 2017 as the neighborhood’s cheaper lodging.
Third law firm leases space at Denver’s newest skyscraper
It will join Sherman & Howard and Haynes and Boone at Block 162, the 30-story building at 675 15th St.
Judge in Amazon-Watson case ‘reluctantly’ recuses himself
“Perception of the fair administration of justice … is of the highest importance to the court,” wrote Liam O’Grady, whose wife had owned about $22,000 worth of Amazon stock.
