Real Estate Blog

The team of seven pulled in $152.28 million in sales.

Clayton Katz brought in $38.35 million in sales at an average sales price of $2.55 million.

Home prices nationally in January marked their slowest annual gains since 2015, and Denver home prices are rising at levels last seen in 2012, according to the S&P CoreLogic Case-Shiller Indices, a leading measure of U.S. home prices.

“January kicked the new year off with yet another month of slowing price growth. This is a strong signal that the homebuying season this spring will look quite different than in recent years,” said Ralph McLaughlin, deputy chief economist at CoreLogic, in a blog post.

Nationally, home prices rose 4.3 percent in January, marking the 10th month that prices have de-accelerated on the paired-price index.

The metro Denver index recorded a 5-percent annual gain in home prices, the slowest pace since June 2012. Like the rest of the country, Denver home prices have been on a downward trajectory for the past 10 months, and the median price of a home sold turned negative in February.

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The Happy Canyon Shopping Center in Denver’s Southmoor Park neighborhood is expected to be sold out of bankruptcy in the coming weeks.

Meanwhile, the legal case against the real estate magnate who owns the center has grown, and the future of a proposed food hall in a vacant former Safeway that shares a parking lot with the center remains murky.

Golden-based BPI Inc. on Feb. 22 put forth a winning $24.2 million bid to buy the Happy Canyon center from the bankruptcy estate of Cherry Hills businessman Gary Dragul, court records show. The sale is expected to close next week, according to Harvey Sender, the attorney overseeing the Dragul bankruptcy.

In addition to the center, which is at the corner of East Hampden Avenue and Happy Canyon Road and is anchored by a Starbucks and a Corepower Yoga studio, BPI is purchasing some of the mortgage debt attached to the vacant Safeway building.

That property for the last few years has been the targeted landing place for a food hall concept akin t..

High housing costs may be stretching them financially, but millennials haven’t lost their affection for Denver, according to a new index from Meyers Research.

Denver ranked sixth on the Meyers Millennial Desirability Index, behind Dallas, Houston, Austin, Phoenix and Orlando.

What those metros share in common are home prices substantially below Denver’s. The median home value in Denver is $427,300, while in Dallas it is only $214,900, according to Zillow.

But the Mile High City is strong enough in other areas to keep young adults swiping right and not left.

It continues to provide a good selection of high-paying jobs and millennials still rank it highly for the availability of activities, lower crime and reasonable commutes, said Ali Wolf, director of economic research at Meyers.

RELATED: Denver’s latest big idea for affordable housing is tiny apartments (some the size of your master bedroom)

“I don’t think we should discount the intangible lifestyle component, including both out..

Chris Roeder leads JLL’s 40-person San Francisco team, which signed 12 of the city’s 25 largest deals last year. Roeder personally led seven of those.

KKR's recent Oakland investments are a reflection of the firm's view that demand for Oakland office space is on track to continue growing, especially as “a wave of economy 2.0 tech tenants” look to the city.

It was early 2003 when CPMC won an option to bid on the former Cathedral Hill Hotel and office building at 1101 Van Ness Avenue. It was 2013 by the time CPMC won out in the long process of entitling and landing permits for the vision of a new campus on the site.

The purchase of the Ferry Building for $291 million was the first time Allianz and Hudson Pacific Properties formed a joint venture for an ultimately successful bid, and it set a high bar for what their partnership can achieve.

As Big Pharma digs into biotech, it is staking claims to high-profile space in the Bay Area — witness AbbVie Inc.’s 479,000-square-foot lease at developer BioMed Realty’s Gateway of Pacific in South San Francisco.