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Prime Investment Properties Brokers Sale of 27-Room Salida Inn & Monarch Suites Hotel in Colorado

Amy Works — Fri, 15 May 2026 13:20:00 +0000

SALIDA, COLO. — Prime Investment Properties, a member of Hotel Brokers International, has arranged the sale of Salida Inn & Monarch Suites, located at 7310 W. US Highway 50 in Salida. Denver-based IMPRINT Hospitality sold the asset to an undisclosed buyer for $2.7 million, equaling $100,000 per key. Originally constructed in 1960 and recently renovated, the two-story, 13,500-square-foot property features 27 rooms, some with fully equipped kitchens, along with cottages, a hot tub, an outdoor pool and multiple patios. Situated on 1.2 acres, the hotel offers access to the Arkansas River, Monarch Mountain Ski Areas and San Isabel National Forest.

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Walker & Dunlop Arranges $130M HUD-Insured Financing for Mixed-Use Redevelopment of Former VA Hospital in Denver

Hayden Spiess — Thu, 14 May 2026 11:23:00 +0000

DENVER — Walker & Dunlop has arranged $130 million in financing to fund the mixed-use redevelopment of a former Veterans Affairs (VA) hospital campus in Denver. GM Development, a locally based urban infill development firm, is the borrower. Chris Rumu, Jason Silva, Cole Parker and Mike Valucci of Walker & Dunlop arranged the financing through the U.S. Department of Housing and Urban Development (HUD) 221(d)(4) loan program. This marks the largest HUD 221(d)(4) loan in the company’s history. (The 221(d)(4) loan product is HUD’s construction-to-permanent financing program that funds the construction or heavy renovation of apartment communities with five or more units.) Situated in the historic Hale neighborhood of Denver, the project will transform a historic 10-story building and eight-level parking garage. The project’s capital stack includes historic tax credits. Upon completion, the redevelopment will feature 493 multifamily units, with roughly 8 percent of units designated as income-restricted. Additionally, the development will include more than 50,000 square feet of retail and medical office space. The 8.2-acre site is located roughly three miles from downtown Denver and is adjacent to the 9+CO master-planned district. GM Development acquired the property in 2022. “We’re excited to transform this historic site into a vibrant…

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Brennan Investment Group Acquires 64,020 SF Industrial Property in Denver

Amy Works — Wed, 13 May 2026 13:31:34 +0000

DENVER — Brennan Investment Group has purchased an industrial building located at 4881 Ironton St. in Denver. Terms of the transaction were not released. Situated on 3.3 acres within Montbello Industrial Park, the 64,020-square-foot building features a clear height of 21 feet, significant power capacity, multiple dock-high doors, drive-in access and excess outdoor storage. Brennan plans to reposition the vacant asset through targeted capital improvements and lease-up efforts, with the flexibility to accommodate a single-tenant or multi-tenant configuration. The company intends to execute a five-year business plan focused on leasing and stabilization of the property.

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PCCP Provides $78M Refinancing for Multifamily Property in Denver

Amy Works — Tue, 12 May 2026 14:00:43 +0000

DENVER — PCCP has provided a $78 million loan to Trammell Crow Residential for the refinancing of Alexan Evans Station in Denver. The 367-unit property, located at 2121 S. Broadway, was built in 2023 and is LEED Gold-certified. The community offers a mix of studio, one-, two- and three-bedroom units and 7,334 square feet of ground-floor retail space leased to F45, SweatHouz and Pacific Dental Services. Amenities include a pool and hot tub with cabanas, a fitness center, coworking spaces and a conference center, electric vehicle charging and an onsite convenience market.

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Walker & Dunlop Arranges $68.2M Refinancing for Multifamily Property in Arapahoe County, Colorado

Amy Works — Fri, 08 May 2026 13:38:14 +0000

ARAPAHOE COUNTY, COLO. — Walker & Dunlop has secured a $68.2 million loan for the refinancing of Madison at Copperleaf, a 330-unit multifamily community in unincorporated Arapahoe County. Dustin Stolly, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Sean Reimer, Michael Ianno, Christopher de Raet and Jason Schwartzberg of Walker & Dunlop Capital Markets Institutional Advisory, along with Justin Nelson and P.J. Feichtmeier of Walker & Dunlop Capital Markets Real Estate Finance, arranged the three-year, floating-rate bridge loan for the borrowers, BMC Investments and Rockpoint. Prime Finance provided the loan. Located at 22500 E. Radcliff Circle, Madison at Copperleaf features one-, two- and three-bedroom layouts. Community amenities include a clubhouse with coworking spaces, a resort-style pool and spa, fitness and yoga studios, a sauna, children’s playroom, dog park and pet spa, EV charging and outdoor gathering areas.

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Price Brothers Receives Refinancing for 353-Unit Rye SoBo Multifamily Property in Denver

Amy Works — Wed, 06 May 2026 13:44:57 +0000

DENVER — Price Brothers has obtained refinancing for Rye SoBo, an apartment community in Denver. Cortney Cole, Leon McBroom and Emily Goldberry of JLL Capital Markets secured the floating-rate loan through a debt fund for the borrower. Located at 290 W. Alameda Ave., Rye SoBo features 353 studio, one- and two-bedroom apartments with open floor plans, high-end interior finishes and contemporary finishes. Onsite amenities include a rooftop lounge with mountain and downtown views, a two-story fitness center, two-story coworking lounge with conference rooms, swimming pool with a hot tub, beer garden with outdoor games, a pet spa, electric vehicle charging stations and a rooftop bark park with access to a large public dog park. The Class A mid-rise property was completed in 2021.

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SLIB Arranges Sale of 540-Unit Seniors Housing Portfolio in Colorado

Amy Works — Tue, 05 May 2026 13:22:48 +0000

FORT COLLINS, COLO. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an eight-property seniors housing portfolio located in Colorado. A Fort Collins-based seller, which also served as the portfolio’s operator, sold the portfolio to a Tennessee-based REIT for an undisclosed price. Totaling 540 units, the communities are located in Fort Collins, Loveland and Windsor. An Oregon-based operator will manage the portfolio on behalf of the new ownership. Vince Viverito, Jason Punzel and Jeff Binder of SLIB represented the seller in the deal. SLIB previously brokered the sale of a five-community senior living portfolio on behalf of the seller. With this transaction, the seller has fully divested its 13-asset seniors housing portfolio.

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Global Net Lease Agrees to Acquire Modiv Industrial in $535M Deal

John Nelson — Tue, 05 May 2026 12:00:00 +0000

NEW YORK CITY AND DENVER — Global Net Lease Inc. (NYSE: GNL), a New York City-based net lease REIT, has entered into a definitive merger agreement to acquire Modiv Industrial Inc. (NYSE: MDV), an industrial REIT based in Denver. The acquisition, which has been approved by the boards of directors for both companies, is valued at $535 million. Modiv Industrial owns and operates single-tenant industrial properties that are occupied by manufacturers on long-term net leases. According to the company, it is the only publicly traded REIT that exclusively focuses on ownership of manufacturing facilities. Recently announced transactions include Modiv acquiring a Fujifilm-occupied facility in Santa Clara, Calif., and agreeing to sell a facility in Melbourne, Fla., that is leased to Northrop Grumman. The merger deal will grow Global Net Lease’s holdings of mission-critical industrial properties. Though the number of properties involved was not released, multiple media outlets report that Modiv owned 39 industrial facilities at the time of sale. For Modiv, the transaction is expected to increase annual dividend payments by 25 percent for the combined company. No senior level executive changes are expected to occur as a result of the merger. Under terms of the all-stock transaction, holders of…

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Northmarq Arranges $20M in Financing for Castle Rock Industrial at The Meadows in Colorado

Amy Works — Fri, 01 May 2026 14:09:04 +0000

CASTLE ROCK, COLO. — Northmarq has secured $20 million in permanent-fixed financing for Castle Rock Industrial at The Meadows, an industrial distribution and warehouse facility located at 3563-3593 Timber Mill Parkway in Castle Rock. The borrower is Sound Capital. Arranged through one of Northmarq’s insurance company lending relationships, the financing provided a seven-term with 3.5 years of interest-only payments followed by a 30-year schedule with stepped down prepayment flexibility. The financing was part of a 1031 exchange for two nearly constructed industrial/warehouse buildings that are 100 percent occupied. Built in 2023, Castle Rock Industrial at The Meadows features two buildings on 13.6 acres totaling 157,870 square feet. The buildings feature 24-foot ceilings, 101 parking stalls, 30 docks, including 14 knockouts and 12 drive-ins for loading. The property is fully occupied under triple-net leases. Charles Cotsalas and Ernest DesRochers of Northmarq’s New York Area Debt + Equity team arranged the financing for the borrower.

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Realberry Breaks Ground on 140-Acre Avenue South Mixed-Use District at Centerra in Colorado

Kristin Harlow — Wed, 29 Apr 2026 12:00:00 +0000

LOVELAND, COLO. — Denver-based real estate investor and developer Realberry has begun vertical construction on the retail core of Avenue South, a 140-acre mixed-use project within the Centerra community in Loveland, 46 miles north of Denver. The development will create a walkable district integrating retail, office, dining and thousands of new homes at the intersection of I-25 and U.S. Highway 34. Approved by the City of Loveland in 2023, Avenue South will extend miles of trails and open space while introducing large-scale retail, dining and gathering places to keep pace with neighborhood growth, says Realberry. Plans for the retail core include 18 restaurants, 33 retailers and the first Whole Foods Market store in Loveland, located directly adjacent to The Marketplace at Centerra, one of northern Colorado’s largest contiguous shopping centers. A new 3.2-acre park, event lawn and amphitheater known as The Front Porch will anchor the district. At full build-out, Avenue South will feature nearly 2,000 residences, including 475 single-family homes and approximately 1,250 apartments, condos and townhomes. Plans call for 150,000 square feet of office space anchored by a 140,000-square-foot corporate headquarters for general contractor Hensel Phelps, which is relocating from nearby Greeley, Colo. Vertical residential construction is anticipated…

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Legacy Development Partners Buys 30-Acre Site for Legacy at Jackson Landing Retail Project Near Colorado Springs

Amy Works — Thu, 16 Apr 2026 14:00:36 +0000

MONUMENT, COLO. — Legacy Development Partners has acquired a 30-acre site at the northeast quadrant of Interstate 25 and Baptist Road in Monument, approximately 20 miles north of Colorado Springs, for the development of Legacy at Jackson Landing. Construction will commence immediately, with a grand opening scheduled for October 2027. Upon full build-out, Legacy at Jackson Landing will offer more than 225,000 square feet of retail and restaurant space. Target is slated to anchor the property. Other proposed tenants include Marshalls, HomeGoods, Chick-fil-A and Firehouse Subs. Legacy at Jackson Landing is being developed through a strategic partnership with The Garrett Cos. Equity for the development was sourced with the assistance of Texas-based Telis Group, and Bank of Texas provided construction financing.

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Avatar Financial Provides $5.1M Bridge Loan for Hampton Inn & Suites Denver-Littleton Hotel

Amy Works — Tue, 14 Apr 2026 12:59:03 +0000

LITTLETON, COLO. — Avatar Financial Group has provided a $5.1 million bridge loan secured by Hampton Inn & Suites Denver-Littleton. The two-year loan, structured at a 53 percent loan-to-value ratio, retired a maturing bank loan and gave the sponsor time to finalize a new Hilton Property Improvement Plan (PIP) for the asset. Built in 2006 and partially renovated in 2019, the four-story, 58,458-square-foot select-service hotel features 89 suites, 2,500 square feet of meeting space, an indoor pool and spa, a fitness center, an outdoor patio and other guest amenities. The property is situated on 2.8 acres at 7611 Shaffer Parkway. Once the PIP is finalized, the sponsor plans to secure financing for the required improvements and contribute fresh equity to the property, which would retire Avatar’s loan in full.

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Colliers Brokers Sale of 158,380 SF Castle Rock Industrial Property in Colorado

Amy Works — Mon, 13 Apr 2026 13:24:07 +0000

CASTLE ROCK, COLO. — Colliers has arranged the sale of Castle Rock Industrial at The Meadows, an industrial asset in Castle Rock. Saunders Commercial Development Co. sold the property to a joint venture between New York-based Sound Capital and Connecticut-based Palladian Management for an undisclosed price. Located at 3563-3593 Timber Mill Parkway, Castle Rock Industrial at The Meadows offers 158,380 square feet of industrial space. T.J. Smith, Nick Rice, Tim Shay and Brad Calbert of Colliers represented the seller in the transaction.

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Colorado School of Mines Acquires 50,646 SF R&D Facility in Golden

Amy Works — Thu, 09 Apr 2026 13:24:17 +0000

GOLDEN, COLO. — Colorado School of Mines has purchased a R&D and laboratory facility located at 16194 W. 45th Drive in Golden. J&N Real Estate Co. sold the asset for $5.8 million. Colorado School of Mines acquired the 50,646-square-foot property as part of its continued expansion to support research, innovation and academic growth in Jefferson County, Colo. Tanner Digby of Digby Commercial Advisors represented the seller, while Kurt Liss of JLL represented the buyer in the deal.

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JLL Arranges $10.2M Sale of Washington Center Retail Property in Denver

Amy Works — Fri, 03 Apr 2026 13:07:51 +0000

DENVER — JLL Capital Markets has arranged the sale of Washington Center, a shopping center located at 812-858 E. 120th Ave. and 11874-11890 Washington St. in Denver. Northglenn LLC sold the property to a local investment firm for $10.3 million. At the time of sale, the 50,445-square-foot center was 92 percent leased with 19 tenants across 21 suites. Current tenants include CSL Plasma, Smashburger, Subway and established local businesses. Jason Schmidt and Austin Snedden of JLL represented the seller in the transaction. Rob Bova of JLL arranged a fixed-rate loan from a bank for the buyer.

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Colliers Arranges $56M Sale of 200-Unit Multifamily Community in Denver

Amy Works — Thu, 02 Apr 2026 13:18:39 +0000

DENVER — Colliers has directed the sale of Momentum at First Creek, an apartment property located at 5500 Telluride St. in Denver. A local Colorado-based developer sold the asset to a private out-of-state investment firm for $56 million. Completed in 2023, Momentum at First Creek offers 200 apartments, a resort-style pool, an outdoor chef-inspired kitchen with a pizza oven, a fitness center and a clubhouse featuring a game room and collaborative workspaces. Craig Stack, Bill Morkes and Nate Moyer of Colliers represented the seller in the transaction. Colliers Debt and Structured Finance team secured financing for the property on behalf of the buyer.

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CBRE Secures $70M Refinancing for 24Fifty at University Park Multifamily Property in Denver

Amy Works — Tue, 31 Mar 2026 13:58:19 +0000

DENVER — CBRE has arranged a $70 million refinancing for 24Fifty at University Park, a multifamily community in Denver. Brad Zampa, Mike Walker, Brady O’Donnell and Jill Haug of CBRE secured the five-year, floating-rate loan from a national debt fund for the borrower, DivcoWest. Located at 2450 S. University Blvd., 24Fifty features 252 studio, one- and two-bedroom units with modern finishes, stainless steel appliances, quartz countertops and in-unit washers/dryers. Community amenities include a rooftop pool and spa, an indoor lap pool, an outdoor terrace and grilling area, a fitness center, resident lounge and structured parking, as well as fully leased ground-floor retail space. The mid-rise community was built in 2019.

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Pinnacle Real Estate Advisors Brokers Sale of 20,034 SF Medical Office Property in Littleton, Colorado

Amy Works — Wed, 25 Mar 2026 13:29:19 +0000

LITTLETON, COLO. — Pinnacle Real Estate Advisors has arranged the sale of Chatfield Plaza, a medical office property situated within Ken Caryl Business Park in Littleton. The asset traded for $3.2 million. Located at 10789 Bradford Road, the 20,034-square-foot building is home to 10 tenants, abundant parking and upgraded solar paneling on the roof. RC Myles, Eric Shaw and Kianna Starin of Pinnacle Real Estate Advisors represented the seller, while Craig Myles and Joe Owston represented the buyer in the deal. The names of the seller and buyer were not released.

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CBRE Arranges $20.5M Sale of Shops at Dublin Commons in Colorado Springs

Amy Works — Fri, 20 Mar 2026 13:26:09 +0000

COLORADO SPRINGS, COLO. — CBRE has brokered the $20.5 million sale of the Shops at Dublin Commons, a retail strip center in Colorado Springs. Parker Brown, Matthew Henrichs and Brad Lyons of CBRE represented John Winsor of Olive Real Estate Partners in the transaction. Located at 5925 and 5935 Dublin Blvd., the 34,104-square-foot strip center was built in 2016 and 2018, respectively.

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Prospect Station Divests of 39,000 SF Industrial Property in Windsor, Colorado

Amy Works — Tue, 17 Mar 2026 13:27:41 +0000

WINDSOR, COLO. — Prospect Station LLC, as part of a 1031 exchange, has completed the sale of a Class A industrial property located at 7365 Greendale Road in Windsor. NMH Greendale LLC acquired the building for $11.2 million in an off-market transaction. Travis Ackerman of Cushman & Wakefield represented the seller, while Standard Commercial’s Ian Ciagstone represented the buyer in the deal. The 39,000-square-foot building features two overhead grade doors, a dock-high door, 20- to 24-foot clear heights, 3-phase 1,200-amp power and a 9,000-square-foot mezzanine. Additionally, the property offers ample parking, efficient circulation, sprinklers throughout and light industrial zoning.

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