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Developer Nichols making pointed effort with Spire project, an article from The Denver Business Journal, reports that real estate developer Randy Nichols has worked to give Denver-area communities what they need and want.  The Nichols Partnership Inc. aims to continue those achievements with downtown Denver's $175 million, 41-story Spire condominium project.  Located at 891 14th Street, the 503-unit property broke ground in May and is scheduled to be completed in 2009.  When it's built, Spire will be one of the first residential high-rises built in Denver's central business district in the last two decades.  It will also be one of the tallest residential buildings in the western United States.  The price of the condos range from $200,000 to $1 million.  Nichols remains committed to the project and his vision, despite the obstacles involved in building Spire.
http://www.bizjournals.com/denver/stories/2007/10/22/focus21.html?b=1193025600^1537849

 

Commercial real estate market outlook upbeat, an article from MSNBC.com, reports that the commercial real estate market is caution but decidedly upbeat.  According to Real Capital Analytics, a New York based real-estate research firm, commercial property sales hit $401 Billion through October 18, outpacing last year's $359 billion total.  The Commerce Department said construction spending on office buildings, shopping centers and other private, nonresidential projects jumped 15.2% in August.  Experts say the commercial market has not been dragged down by the residential mortgage mess because they have more financial flexibility and resources to ride out credit-market turmoil.  A positive development for the apartment sector in the commercial property market is the number of homeowners who foreclosed or would-be homeowners who can no longer get financing are seeking to rent. 
http://www.msnbc.msn.com/id/21407506/

 

Additional articles that you may find of interest:

 

Real estate notes
http://www.denverpost.com/headlines/ci_7230992

 

Crushing ARMs squeeze homeowners
http://www.denverpost.com/business/ci_7230968
 
Neighborhoods in transition
http://www.denverpost.com/business/ci_7230991
 
DIA in talks to take over WorldPort
http://www.denverpost.com/business/ci_7243503

 

Rail cuts path through city's past
http://www.rockymountainnews.com/drmn/local/article/0,1299,DRMN_15_5728320,00.html

 

View plane loophole benefits developers
http://www.rockymountainnews.com/drmn/other_business/article/0,2777,DRMN_23916_5727223,00.html

 

Residential real estate Finalists
http://www.bizjournals.com/denver/stories/2007/10/22/focus22.html?b=1193025600^1537856

 

World Trade Center owner wants to sell buildings
http://www.bizjournals.com/denver/stories/2007/10/22/story14.html?b=1193025600^1537079

 

CBRE team scores top metro deal
http://www.bizjournals.com/denver/stories/2007/10/22/focus7.html?b=1193025600^1537621

 

Tan helping change Denver's skyline
http://www.bizjournals.com/denver/stories/2007/10/22/focus3.html?b=1193025600^1537571

 

RTD adds light-rail trains
http://denver.bizjournals.com/denver/stories/2007/10/15/daily62.html?surround=lfn
 
Fed President Calls This Housing Cycle Very Unique
http://www.realtor.org/rmodaily.nsf/pages/News2007101906
 
Get More Bang for Your Buck in Rehab Projects
http://www.realtor.org/rmodaily.nsf/pages/News2007101902