Month: November 2017

Creative office building in RiNo wrapping up $20M in renovations

The former industrial building sat for nearly two decades empty. Source: http://feeds.bizjournals.com/industry_21

EXCLUSIVE: The Element student housing complex sold again, for $81.8 million

A large multifamily property near California State University Sacramento has sold for the second time in less than two years, this time for more than 22 percent above its last price. Source: http://feeds.bizjournals.com/industry_21

Robert Wennett lists PH for $34M after selling 1111 Lincoln

Robert Wennett and his penthouse (Credit: The Jills – Photography by Luxhunters) Selling 1111 Lincoln Road for $283 million wasn’t enough for developer Robert Wennett. Now, he’s listing his penthouse atop the luxury mixed-use garage for $34 million. The condo, with 7,700 square feet of indoor space, 18,000 square feet of outdoor space, seven bedrooms, …

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One of RiNo's largest apartment complexes sells for $90.1 million

The luxury apartments have an artsy, eclectic look to them, said the broker. Source: http://feeds.bizjournals.com/industry_21

Rockefeller and Kimco sell portion of Miramar Town Center

Miramar Town Center with Daniel L. Rashin CEO of Rockefeller Group and Conor Flynn CEO of Kimco Realty (Credit: City of Miramar, Rockefeller Group, Kimco Realty) A joint venture between the Rockefeller Group and Kimco Realty just sold a portion of its Miramar Town Center mixed-use development to IMC Equity Group for $24.8 million. Property records show …

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Large Colorado residential real estate company launches commercial division

It’s no secret that metro Denver’s commercial real estate business is hot these days. Now, Kentwood Real Estate, which previously focused mostly on residential, is looking to get in on that action. The Denver-based firm has launched a commercial real estate division initially be staffed by six. They are: In years past, Zeile has been …

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Brightergy founder shares why he exited the company to focus on another startup

The former CEO of Kansas City-based Brightergy is focused on a new startup, which just closed a $1.5 million seed round. Source: http://feeds.bizjournals.com/industry_21

Crane Watch: RiNo's development boom continues with 2 new projects

A host of new developments are going up in metro Denver’s ever-growing communities, including the tearing down of Denver Hardware to make way for a mixed-use development and a massive art/creative office space and retail development — both in RiNo Plus, San Francisco developer Carmel Partners is building an apartment complex in the Lincoln Park …

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Exclusive: Prime waterfront Fells Point property eyed for 300 apartments, townhomes

The project would be the latest big-ticket project for the historic neighborhood. Source: http://feeds.bizjournals.com/industry_21

Our view: Bay Area development opponents sit on their 'buts'

Perhaps the most powerful word in Bay Area development debates is an otherwise humble preposition: “but.” As in, “Of course we support building more housing. But …” not near me. Not so big. Not this tall. Not that dense. Not aimed at a particular income group. Not if it causes traffic, blocks views, generates students …

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