Denver’s historic El Jebel Shrine building heading to real estate auction

The Denver Post (Real Estate) 9/27 2:00A Thomas Gounley

The El Jebel Shrine building in Uptown is going to auction. Last week, Denver District Court Judge A. Bruce Jones approved a receiver’s plan to auction the building at 1770 Sherman St. and its adjacent parking lot through the Crexi website. The...

Sheridan RV park residents face losing longtime home if city OKs redevelopment

The Denver Post (Real Estate) 9/26 4:45A Judith Kohler

Many of the more than 100 residents of the Flying Saucer RV park in Sheridan have lived there for years, turning the spots they rent for their recreational vehicles and manufactured housing into...

Greenwood Village real estate firm NexGen buys Centennial office campus for $10.6M

The Denver Post (Real Estate) 9/26 2:00A Matthew Geiger

NexGen Properties just bought up an office campus in Centennial. No tenant inside occupies more than two floors and the average suite is just 2,400 square feet. “Companies need office space, they just need less. A lot of these big block tenants...

Denver developer plans 75 apartments on Santa Fe near NWSL stadium site

The Denver Post (Real Estate) 9/25 2:00A Matthew Geiger

Eric Weins wants to be first. The local developer has begun site work at his 0.45-acre property at 1298 S. Santa Fe Drive in Denver ahead of demolition of the existing structures. A year and a half after that, he said, 75 apartments will be...

Former Arrow Electronics office in Centennial demolished for apartment development

The Denver Post (Real Estate) 9/25 2:00A Thomas Gounley

A Centennial office building that was once the headquarters of a Fortune 500 company is being demolished less than a quarter-century after being built. The 9201 E. Dry Creek Road building, which was home to Arrow Electronics until last year, is...

Colorado’s housing shortfall shrank after pandemic emergency, but that could change

The Denver Post (Real Estate) 9/23 2:00A Aldo Svaldi

Colorado has made significant strides in reducing its housing shortfall since the pandemic, but that gap could widen again if construction activity continues to slow and housing costs don t find a way to align more closely with incomes. The state...

The American Motel will soon meet its end, but memories of notorious Wheat Ridge establishment live...

The Denver Post (Real Estate) 9/21 2:00A John Aguilar

Jim Lorentz crossed paths with the American Motel in Wheat Ridge many times whether as a cop hauling out a domestic violence suspect, as a diner downing comfort food in the restaurant or as a guest in...

Real estate fund adviser will pay $9.7M for allegedly misleading investors

The Denver Post (Real Estate) 9/17 11:00A Justin Wingerter

A former investment fund adviser from Centennial and his Greenwood Village-based real estate firms have agreed to pay $9.7 million to settle accusations that he misled investors. Tom Vukota, who now lives in the Bahamas, founded Vukota Capital...

Denver Water drops bid to acquire properties near Burnham Yard

The Denver Post (Real Estate) 9/17 2:00A Aldo Svaldi

Denver Water has told the owners of nearly two dozen parcels near its campus that it is no longer interested in acquiring their properties. Denver Water informed the remaining property owners who originally received the letter of intent to...

Development fees add nearly $68K to new home’s cost in metro Denver, study finds

The Denver Post (Real Estate) 9/15 2:00A Aldo Svaldi

When it comes to building a new home, labor, materials and land costs dominate. But there is a fourth expense item that has weighed heavily on builders and pushed up prices. Just over a tenth of what a new single-family home costs in metro Denver...

What does the loss of U.S. Space Command mean to Colorado Springs?

The Denver Post (Real Estate) 9/14 2:00A John Aguilar

COLORADO SPRINGS Sandy s Restaurant is already bustling for the lunch hour and it s not even noon yet. Customers fill the tables in the snug dining room, digging into greasy spoon favorites like the...

Cherry Hills Village mansion sells for $9.8M, tops August Denver home sales

The Denver Post (Real Estate) 9/13 2:00A Sara B. Hansen

A 13,000-square-foot, two-story stone mansion on two acres in Cherry Hills Village sold for $9.8 million last month, topping August home sales in the Denver metro area. The six-bedroom, 11-bath home...

Former PGA No. 1 golfer David Duval’s wife sells their Cherry Hills mansion for $3.4M

The Denver Post (Real Estate) 9/6 2:00A Sara B. Hansen

The wife of a retired professional golfer has sold their home in Cherry Hills Village. Suzanne Duval, whose husband David is a former World No. 1, sold the home at 11 Parkway Drive for $3.4 million last month, according to public records....

Metro Denver housing market remains stubbornly stagnant

The Denver Post (Real Estate) 9/6 2:00A Aldo Svaldi

Metro Denver s housing market, like a ship caught in the doldrums, has no wind in its sails but neither does it find itself under threat. Buyers purchased 3,636 homes and condos last month, 5.8% fewer than the 3,861 purchased in July and 5.6%...

Apartment landlords facing the financial fallout from too much supply

The Denver Post (Real Estate) 9/4 6:00A Aldo Svaldi

Metro Denver s apartment market, after years of robust construction, has swung solidly in favor of renters, and that is putting developers and building owners, and the lenders who fund them under increasing pressure. Median apartment rents over...