BOULDER, CO-Investcorp and Bancroft Capital LLC of Manhattan Beach, CA team up to buy six buildings on the east side of this city. The value of the deal is estimated by local real estate experts at $59 million.
DENVER-Statewide occupancy falls to 49.2% in January, compared to 53.8% in January 2001, while room rates drop 6% to $98.42. There are signs of improvement, Rocky Mountain Lodging Report co-author Robert S. Benton tells GlobeSt.com.
DENVER-One bill is aimed at letting growth pay for itself while another would give county and city master plans more enforcement power. However, they face obstacles in the Republican-controlled House.
DENVER-Developer John Shaw of Opus Northwest offers "Stay Alive to 2005" as the catch phrase during the University of Colorado Real Estate Council's annual conference, where the outlook was decidedly gloomy.
DENVER-The 172-unit Parkway Place Apartments at 1255 Galapago St. sells for $10.525 million, or $61,191 per unit, by WMFMT Real Estate Limited Partnership of Dallas to Tower Speer LLC.
DENVER-Cushman & Wakefield reorganization of 2001 resulted in the company cutting "the fat, not the muscle," John Cushman III tells GlobeSt.com. "We land, get the job done, and we're out of there before our competitors even realize we are in the game.
DENVER-Developer John Shaw of Opus Northwest offers "Stay Alive to 2005" as the catch phrase during the University of Colorado Real Estate Council's annual conference, where the outlook was decidedly gloomy.
PARKER, CO-The joint venture of GE Johnson Construction and Kitchell Construction of Arizona worked together on the expansion of Centura's Avista Adventist Hospital in Louisville.
DENVER-"There are going to be wonderful opportunities. The gap has narrowed between the bid and the ask price," John Cushman III tells GlobeSt.com while meeting with clients and Cushman & Wakefield brokers.
VAIL, CO-Adam Aron, chairman and CEO of Vail Resorts Inc., tips his cap to the company's real estate group, which nearly triples its revenues from earlier than expected property sales.