DENVER-Rocky Mountain HDC Inc.'s 60-unit Arapahoe Green in Arapahoe County is designed to address the need for affordable housing in metro Denver. Families with incomes at or below 60% of the area median income are targeted.
DENVER-The hospitality group formed one year ago by Coldwell Banker Commercial American Spectrum is the founding member of the franchise's new national hospitality network that will buy and sell hotel properties.
DENVER-Two apartment complexes in northern Colorado get non-recourse, high-leverage loans with a 7.25% fixed rate, a combination construction and permanent financing carrying a 40-year term with a 40-year amortization.
DENVER-Two apartment complexes in northern Colorado get non-recourse, high-leverage loans with a 7.25% fixed rate, a combination construction and permanent financing carrying a 40-year term with a 40-year amortization.
DENVER-Investors in Denver-area multifamily rental buildings during the past three years booked returns on their down payments of up to 64%, not including cash flow from rents or mortgage principal reduction.
DENVER-Simpson Housing Limited Partnership breaks ground on a 23-story, $115-million Union Plaza luxury condominium tower. The 264-unit residential tower is being built next to a seven-story, 136,000-sf office tower.
DENVER-A consultant says the Denver Police Department needs to spend almost $100 million over the next 20 years to replace and renovate its buildings. The city already is replacing three police stations for a cost of $36 million.
DENVER-Not too long ago, this city wouldn't have made a short list such as Boeing Corp.'s for a new world headquarters. So finishing behind Chicago, if not Dallas as well, is considered a moral victory by local officials.
DENVER-Permanent financing is arranged for the mixed-use building with 207,205-sf of office space and 25 penthouse condominium units along the 16th Street Mall and Market Street at the edge of Lower Downtown.