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Pinnacle Post - Commercial Real Estate in Denver

Pinnacle Real Estate Advisors provides up-to-date information on commercial real estate news in Denver. Our commercial real estate blog delivers market data and market trends for all product types including: office, industrial, multifamily, land, retail and student housing.

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Denver, Vail, Aspen hotels rank among world's best


By:Ed Sealover, Denver Business Journal

Colorado's luxurious lodging facilities are shining again, as its hotels and resorts claim a number of spots on Travel + Leisure magazine’s World’s Best Awards, including two ranked among the globe’s top 100 and one Denver hotel among America’s top 25 large-city properties.

In addition, one Aspen hotel ranks among the top 50 resorts in the country and boasts the top hotel spa in the world in the annual awards, which are determined by reader survey and featured in the July issue of the magazine.

The Four Seasons Resort & Residences, Vail drew the highest accolades in the state, ranking 57th in the world among all properties. The Sebastian Vail — A Timbers Resort, also earned a spot on the prestigious list of top 100 hotels worldwide, coming in at No. 98.

Click Here to Read the Full Article | Denver Business Journal

Former Burnsley Hotel reopens as apartment building


RedPeak Properties has reopened the former Burnsley Hotel building as an apartment house after a $7 million renovation, Inside Real Estate News reports.

The 51-year-old building, which RedPeak bought from Joy Burns last year for $10 million, has been renamed "1000 Grant The Burnsley." The 17-story apartment building is at 1000 Grant St. in Denver.

The 86 hotel rooms were converted to apartments as part of the renovation. The monthly rent starts at $1,530. About a third of the units have already been leased.

Click Here to Read the Full Article | Denver Business Journal 

Inflation in Colorado and the West takes a break, but annual price gains still high


By: Mark Harden, Denver Business Journal  

Consumer prices in Colorado and other western states rose 0.1 percent in June from the previous month, a much smaller month-over-month rise than May's 0.6 percent monthly gain, federal officials reported Tuesday.

But prices in the West rose 2.3 percent over the 12 months ending in June, the same year-over-year increase as in May and tied for the highest annual gain since October 2012, the U.S. Department of Labor's Bureau of Labor Statistics said.

The good news was that the upward trend of inflation in the western states was halted last month, at least temporarily. The rate of year-over-year gains in the Consumer Price Index (CPI) had been rising over the last few months.

Click Here to Read the Full Article l Denver Business Journal 

Denver-area home prices exceed pre-recession peak, says Zillow


Home values in the Denver metro area have gone above and beyond their highest pre-recession levels, and are predicted to keep rising, according to the data released Monday by

In addition to exceeding their previous peak, home values are expected to continue their upward trend, growing by 1.8 percent over the course of the next year, from first-quarter 2014 to the same period in 2015.

Nationally, home values are expected to increase by 4.2 percent over the next year.

Click Here to Read the Full Article | Denver Business Journal 

Colorado gains 3,000 jobs; sharp drop in unemployment


Colorado gained 3,000 payroll jobs in June from the previous month, and the state's unemployment rate dropped three-tenths of a point, to 5.5 percent, the Colorado Department of Labor and Employment reported Friday.

But the Colorado job gain was driven by increased government hiring, with public sector payroll jobs increasing by a net 3,300 last month and private sector positions declining by 300, CDLE, monthly report said.

And while the drop in the state's unemployment level brought that closely followed measurement to its lowest point since October 2008, the decline was partly driven by a 1,600 decrease in the state's labor force (defined as working people plus unemployed people actively seeking work). But the state also gained thousands of jobs in June, CDLE said.

Click Here to Read the Full Article | Denver Business Journal 

Pinnacle Real Estate Advisors Volunteers at Brother’s Redevelopment 36th Annual Paint-A-Thon


On Friday, Pinnacle Real Estate Advisors, LLC spent the day volunteering at Brother’s Redevelopment 36th annual Paint-A-Thon and painted a home for an elderly woman in South Denver.  Brother’s Redevelopment Paint-A-Thon works with sponsors to help paint the homes of income-qualified senior and disabled homeowners in cities across the Front Range.


Click Here to learn more about Brothers Redevelopment, Inc.

Pinnacle Real Estate Advisors Welcomes Brent Hubbell


describe the imagePinnacle Real Estate Advisors, LLC is pleased to announce that Brent Hubbell has joined our team as an Associate Advisor.  Prior to Pinnacle, Brent worked as a Vice President with FirstBank where he was responsible for originating, underwriting and managing commercial relationships. Brent’s experience as a commercial loan officer enables him to understand real estate transactions from both the real estate side as well as the financing side. Brent graduated from the University of Colorado at Boulder with a degree in finance.  He will focus in the multifamily product type in Colorado Springs and Pueblo. 

Click Here to View Brent's Bio

Happy Fourth of July From Pinnacle Real Estate Advisors


 Happy Fourth of July From Pinnacle Real Estate Advisors    

4th July

Pinnacle Real Estate Advisors is Hiring!


Receptionist/Marketing Assistant

Receptionist/Marketing Assistant needed for a local, high growth, dynamic, energetic commercial real estate firm.

Looking for a hard working, trustworthy, and organized person, with a strong ability to multi task. A can‐do attitude is a must, along with the ability to learn quickly, and adapt to a demanding and changing work environment.

View Full Job Description Here

Pinnacle Real Estate Advisors Supports Camp Out for Kids


Camp Out For Kids WebPinnacle Real Estate Advisors supported Camp Out for Kids this past weekend. 

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