DENVER-The demolition of Currigan Hall by Buffalo, NY-based Ontario Specialty Contracting Inc. will be the first visible sign of the adjoining Colorado Convention Center. Work starts with dismantling of a walkway bridge.
DENVER-Hotel occupancies fall to the 50% to 55% range, according to Horwath Horizon Hospitality Advisors/Montgomery & Associates, the lowest since 1989. Normal September occupancy has been more than 70%.
DENVER-Families in Colorado must earn $15.23 per hour to afford a two-bedroom apartment, nearly three times the minimum wage. "There are just not enough incentives to build affordable housing," one multifamily expert says.
DENVER-While admitting "uncertainty for the remainder of 2001 and for 2002," Apartment Investment and Management Co. says it expects third-quarter funds from operations to be up 5.7%.
DENVER-While admitting "uncertainty for the remainder of 2001 and for 2002," Apartment Investment and Management Co. says it expects third-quarter funds from operations to be up 5.7%.
DENVER-SecurCare Development Group, LLC's SecurCare Self-Storage properties at 3420 Vickers Dr., 777 S. Academy Dr. and 2005 King St. in Colorado Springs, CO. The properties total 1,302 self-storage units.
THORNTON, CO-The main anchor at the 380,000-sf shopping center will be followed by Krispy Kreme Doughnuts, Barnes & Noble, Office Max, Michael's, Olive Garden, Panda Express, SuperCuts, T.G.I.Friday's and Verizon Wireless.
DENVER-Factoring in sublease space, overall market vacancy inches up from 15.46% in the second quarter to 15.86%, according to the Denver office of Jones Lang LaSalle, with rents falling from $19.18 per sf to $18.55 per sf.
DENVER-Families in Colorado must earn $15.23 per hour to afford a two-bedroom apartment, nearly three times the minimum wage. "There are just not enough incentives to build affordable housing," one multifamily expert says.
GREENWOOD VILLAGE, CO-Two 100%-leased Greenwood Plaza buildings sell for $196 per sf. L.J. Melody puts together a $29-million loan package that proves difficult as main tenant New Era of Networks was being purchased at time of sale.