DENVER-Every month since September has shown an improvement, but occupancy at area hotels is off from a year ago. At 62% for the year, 2001 was the industry's worst since 1990, according to hotel consultant John A. Montgomery.
FORT COLLINS, CO-The Preserve at The Fort Ltd. obtains a $22-million mortgage on its 314-unit multifamily rental project in this city north of Denver. NorthMarq Capital vice president Greg Benjamin arranges financing.
DENVER-The industrial and retail sectors are the best places to be this year, industry experts at an economic briefing sponsored by the Denver Metropolitan Commercial Association of Realtors say, while multifamily and office professionals can expect another tough year.
BROOMFIELD, CO-The $61-million Summit at Main Street multifamily project remains a go, but a 40% vacancy in the submarket puts the brakes on an $80-million, 400,000-sf office component will wait on the market's comeback.
DENVER-Turner Construction and J. A. Walker Construction are building the 40,000-sf library at 2401 Welton St. in the Five Points area. Completion of the full-service branch library is expected next spring.
DENVER-The industrial and retail sectors are the best places to be this year, industry experts at an economic briefing sponsored by the Denver Metropolitan Commercial Association of Realtors say, while multifamily and office professionals can expect another tough year.
SANTA FE, NM-The executive vice president of the Santa Fe Association of Realtors questions a proposed "water budget," as well as the need for it. Passage could inhibit growth, says Denise Keron.
DENVER-A familiar face at the 980-acre Inverness Business Park, Brad Neiman leaves Mile High Properties to join longtime friends John O'Meara and George Beardsley at Inverness Properties LLC.
DENVER-A district court judge dismisses restaurant owner and urban developer John Hickenlooper's year-old case attempting to keep the name Mile High Stadium on the Denver Broncos' new Invesco Field at Mile High.
DENVER-Houston-based Hines Interests is frustrated by the powerful Lower Downtown design demolition review board, which has qualms with elements of the redevelopment project of the US Postal Service Terminal Annex Building.