COLORADO SPRINGS-The 190-unit Woodstone Apartments at 370 Crestone St. sells for more than $7 million to a limited liability corporation. That equates to $37,631 per unit, far below replacement cost.
DENVER-Tonight, city council is expected to vote on the second reading for a Cherokee Denver's request for a tax increment-financing district to help cover costs for the public-private redevelopment of the Gates site.
DENVER-Tonight, the city council is expected to vote on the second reading for a Cherokee Denver's request for a tax increment-financing district. The move would help cover costs for the public-private redevelopment of the Gates site.
DENVER-Patricia Silverstein, chief economist for the Metro Denver Economic Development Corp., releases year-end 2005 data that shows occupancy is on the rise; rents are holding steady; and construction's in check for current market conditions.
DENVER-Work wraps up on the second of six phases in a $32-million life-safety project at the Colorado State Capitol. The project, set to be completed in December 2008, is adding four pressurized exit stairs and other upgrades to office and public areas.
DENVER-In its SEC 8K filing, the apartment REIT shows earnings of $3 per share in 2005, up 11.5% from 2004. Likewise, revenues and FFO posted double-digit increases. Its 2005 transaction volume, including Ameriton deals, hit $5 billion.
FORT COLLINS, CO-The Everitt Cos. uses the 228,000-sf office portfolio, all local buildings, as collateral for a loan from an insurance company lender.
COMMERCE CITY, CO-The 90,000-sf project, already on the roster for a "green building" designation, gets under way beside the Rocky Mountain Arsenal in the northeast submarket. If work stays on track, the civic center will open in Q2 2007.
COMMERCE CITY, CO-The 90,000-sf project, already on the roster for a "green building" designation, gets under way beside the Rocky Mountain Arsenal in the northeast submarket. If work stays on track, the civic center will open in Q2 2007.
DENVER-Researchers point to expanding tenants and declining unemployment as the precipitating factors behind the Downtown's strong rebound last year, absorbing 863,317 sf in the best showing of all submarkets in 2005.