DENVER-Casinos report adjusted gross proceeds of $48.7 million, down $3.7 million from March, the second-best month on record. The 20 casinos in Black Hawk account for 70% of the total from 44 gaming venues in three towns.
DENVER-The direct vacancy rate remains strong at 9.32%, but when subleased space is included in the equation, it rises to 11.93%, according to a first quarter report by the Denver office of Jones Lang LaSalle.
DENVER-The direct vacancy rate remains strong at 9.32%, but when subleased space is included in the equation, it rises to 11.93%, according to a first quarter report by the Denver office of Jones Lang LaSalle.
SUPERIOR, CO-Denver-based Simpson Housing LP seeks a record asking price for 1,206-unit Horizon at Rock Creek. The price would set a record on a per-unit basis of about $150,000 per unit along with a cap rate below 7%.
DENVER-The leading provider of online credit and risk management services to the apartment industry gets the APEX award for 2001 Web Design of the Year from the Colorado Software and Internet Association.
GLENDALE, CO-Investor Joe Nguyen grosses a 33% profit in a year on a 24-unit apartment project in the small Denver suburb. The $59,166-per-unit sales price far is greater than most small, 40-year-old properties command.
AURORA, CO-One of the world's largest telecommunications companies signs a 10-year lease to occupy all 150,000 sf at Majestic Commercenter near the Denver International Airport in a deal worth about $7 million.
DENVER-More than 16,500 professionals attend the national convention of the American Institute of Architects, which passed a resolution to help national leaders develop a national energy policy.
DENVER-City Park South LLC and national developer are hoping to build several 30-story luxury residential units in a $300-million development about five minutes east of Downtown, on an 8.3-acre site.
DENVER-Locally based Stonebridge Cos. promotes Joan Frampton Kirk to senior vice president of hotel operation while Jeremy Day and Scott Gericke have been promoted to vice presidents of operations.