Latest News

What's Happening In Colorado


November 21, 2019

Construction is struggling to keep up with demand for multi-family units in Denver.
Is Denver Overbuilding Multifamily?
The Numbers Indicate the Opposite



Schnitzer West Plans Three-building Office Development in Centennial
Phase I Will Offer 290,000 Rentable SF


Image via Pixabay
Hotel Development in RiNo
Construction Begins on 165-Key Hotel Near Local Dining and Entertainment Venues


CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
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What's Happening In Colorado


August 26, 2019

Negative-Yield 'Quicksand' Risks Trapping the U.S. Bond Market
Could we see a 0% yield 10-year Treasury?


Ohio Real Estate Company Purchases Brighton Apartments for $72M
12-Building apartment complex is powered with geothermal energy


Second In-N-Out Location Slated for Lone Tree, Colorado
Restaurant has a projected opening in 2020

CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
Read More...

Closed & Funded

DePaul Real Estate Advisors Announces Sale of New Dollar Tree Store in Grand Junction, CO

August 23, 2019

DePaul Real Estate Advisors is pleased to announce the successful sale of a single tenant investment property in Grand Junction, Colorado.

DePaul represented the seller in the transaction, DPC Companies, a Denver-based development firm. The buyer is a private 1031 investor represented by Justin Krieger at Pinnacle Real Estate Advisors. The property is subject to a new 10 year lease with Dollar Tree. "This asset has many attributes a sophisticated, passive investor desires: It is a new construction, a NNN lease structure, and an excellent credit tenant," says Jarod Pate, Vice-President of DePaul. The store is an outparcel to City Market (Kroger) and recently opened for business in August.

The Grand Junction area, estimated population of 150,000, is located on the Western Slope of Colorado, approximately 37 miles from the Utah state line which makes it one of the first places people stop when they cross the state line. It is the home of a thriving outdoors industry, manufacturing, agriculture and the Colorado Mesa University. 

DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income producing and investment properties, commercial financing, leasing and site selection. How can we help you execute your project? For more information, please contact Paul DeCrescentis or Jarod Pate at 303-333-9799. 
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Closed & Funded

DePaul Real Estate Advisors Arranges Refinancing of Multi-Tenant Retail Property

August 8, 2019


 

DePaul Real Estate Advisors is pleased to announce the successful refinance and close of Milestone Shopping Center, a 57,262 SF multi-tenant retail center in Castle Rock, Colorado. Milestone Shopping Center stands out as a "Class A" shadow-anchored center perfectly positioned at Interstate 25 and Founder's Parkway.

Paul DeCrescentis and Jarod Pate represented the borrower, an out-of-state family office, and gathered competitive loan proposals to create a competitive bidding environment among lenders. "We worked to get the very best rate and terms on behalf of our client," says Jarod Pate. "The result is a non-recourse cash out refinance of the existing debt. The new loan features a ten-year term, an interest rate below 3.75%, fixed for ten years with payments on an interest-only basis for the duration of the loan." DePaul Real Estate Advisors provides a suite of services including acquisition, disposition, financing, leasing and asset management.

Milestone Shopping Center includes 57,262 SF of building space with 28 tenants and at the time of refinance was 100% occupied with flexible unit sizes ranging from 1,000 SF to 4,123 SF. It includes both freestanding pad sites with major long-term tenants such as Sonic and Circle K as well as multi-tenant buildings with contemporary tenants such as Papa Murphy's Pizza, Baskin Robbins, and Dependable Cleaners. The complex hosts a variety of retail suites that appeal to the more than sixty-two thousand people in the local community that have helped to build the economy of Castle Rock into one of the fastest growing communities in Colorado.

DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income producing and investment properties, commercial financing, leasing and site selection.

For more information regarding the services DePaul Real Estate Advisors provide, please contact Paul DeCrescentis or Jarod Pate at 303-333-9799.

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What's Happening In Colorado


June 17, 2019


Historic Denver Election Results
Three incumbents are voted out and clerk & recorder results are close


Ski Resorts Pay Record-Setting Rent Payment to the Federal Government
Forest Service to keep more ski area fees


Hines and Partner Pay $21 Million for 2.5 Acres in RiNo
10-story development project planned for the space which neighbors a concert venue


Broadway Sports Castle to be Repurposed
The building will be part of a new plan to develop hundreds of apartments


Hemp Changes the Value of Farm Land
Hemp crops have a strong return on investment for farmers

CALL PAUL OR JAROD TO SEE HOW DEPAUL CAN HELP YOU EXECUTE YOUR PROJECT
DePaul Real Estate Advisors
4500 Cherry Creek Drive South, Suite 860
Denver, CO 80246-1521
303-333-9799
www.depaulrea.com
Read More...