Denver
Berkshire Acquires 280-Unit Community in Metro Denver Area
Berkshire Partners has acquired Alta Aspen Grove, a 280-unit luxury garden-style apartment community in Littleton, Colo., from Wood Partners.
McWhinney, Grand American Partner on 325 KSF M-U Property in Downtown Denver
McWhinney has partnered with Grand American to redevelop the city block between 18th/19th and Blake/Wazee streets in Denver’s vibrant lower downtown district.
KBS Buys $86M Denver Office Complex
KBS Strategic Opportunity REIT has purchased the Westmoor Center office complex in the Westminster submarket for $86 million.
E2M Strategic Fund and Wood Partners Acquire 351-Unit Del Arte Lofts & Flats
E2M Strategic Fund LP, the fourth private equity fund of Dallas-based E2M Partners, together with Wood Partners has purchased Del Arte Lofts & Flats in the Denver suburb of Aurora.
Blackstone Buys Four-Property Hilton Portfolio
The private equity giant’s real estate affiliate has acquired a 751-room, four-property Hilton Select Service portfolio from Sage Hospitality and Apollo Global Management.
Franklin Street Properties Closes on Acquisition of 43-Story Office Tower in Denver CBD
Wakefield, Mass.-based Franklin Street Properties recently announced its acquisition of a 43-story office tower and a 9-story parking garage in the central business district of Denver, Colorado. The two properties were acquired by the real estate investment trust for a purchase price of $183 million. Continue reading →
Gaylord Aurora 1,500-Room Hotel Project Finds Developer
The Gaylord Aurora convention hotel project, which was abandoned by the company that proposed it, has a new lease on life. Aurora officials told the Colorado Economic Development Commission that New York-based Area Property Partners will arrange financing for the $824 million project and Houston-based Rida Development Corp. will develop the hotel.
Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million
Inland American Lodging Group recently announced that it has acquired the 14-story Residence Inn by Marriott Denver City Center and the adjoining 448-space parking garage for a purchase price of $80 million. Continue reading →
Rosemont Takes Denver WTC for $176M
Rosemont Realty pushes its presence in the metropolitan Denver market by 770,200 square feet with the acquisition of the Denver World Trade Center.
McWhinney Announces Fifth Multifamily Project in Colorado
By Gabriel Circiog, Associate Editor McWhinney, a Colorado-based developer, has announced plans to start construction this month on a new multifamily project just north of Denver in Westminster, Colo. Dubbed as Arbour Commons, the development is the company’s fifth multifamily project. An official groundbreaking ceremony is scheduled for May. Located off Interstate 25 and 144th […]