Denver

BASALT, CO-Mariner Real Estate Management gets $20 million equity investment for the purchase of the stalled Willits Town Center, where it plans to develop more than 75,000 square feet of retail space.

SEATTLE-Brook I LLC lands the loan to fund construction of and permanent financing for a 118-unit apartment complex in this week’s roundup of commercial real estate news in the West.

LAKEWOOD, CO-San Francisco-based Carmel Partners has acquired Landing at Bear Creek, an apartment complex consisting of 224 units at 10107 W. Dartmouth Place in Lakewood.

THORNTON, CO-New Vision Housing Partners LP has sold a 208-unit apartment complex in Thornton for $14.43 million.

DENVER-The Trust intends to fund the $119-million acquisition with available cash on hand and by borrowing under its revolving credit facility.

DENVER-Chicago-based AMLI Residential has seized a multifamily property in downtown Denver.

ENGLEWOOD, CO-Transwestern Investment Management has acquired an office building measuring 160,851 square feet at 198 Inverness Drive situated northeast of Interstate 25 and County Line Road in Arapahoe County from Los Angeles-based Lowe Enterprises.

NEW YORK CITY-The company has filed a lawsuit against Bank of America and Barclays Plc. to block the banks’ sale of interest in Archstone, according to a Bloomberg story.

DENVER, CO-Demographics and lifestyle make the Mile High City into a desirable investment market, in this week's edition of DEAL-WRAP.

ENGLEWOOD, CO-The headquarters of Catholic Health Initiatives is 100% occupied and 'the corest of the core' as an asset.

DENVER-St. Louis-based RubinBrown has unified two metro area offices and enlarged into a new space at 1900 Sixteenth Street in lower downtown Denver.

AURORA, CO-CBRE Realty Trust, trading as RT Aurora Commerce C LLC, has paid $24.5 million for the Aurora Commerce Center located at 22100 E. 26th Ave. in Aurora.

DENVER-Crow Holdings of Dallas, trading as CH Realty V/1755 Blake LLC, has purchased the 112,724-square-foot office building at 1755 Blake St. for $40.6 million.

CHICAGO-The US Bankruptcy Court in Manhattan, asked to halt a first-refusal timetable for Lehman to block a $1.3 billion Archstone purchase by Equity Residential, instead calls time-out.

DENVER-Aurora Commerce Center Building C marks the first acquisition by CB Richard Ellis Realty Trust in the Denver market.

CHICAGO-The local REIT has asked to join the case vs. Lehman; fitting, as Equity's move to buy the 26.5% interest in Archstone is what started the conflict. A hearing has been scheduled for Jan. 5.

COLORADO SPRINGS, CO-The Praedium Group is still actively seeking to grow its holdings in the Denver market.

SALT LAKE CITY-PCCP LLC has offered a senior loan worth $69.2 million to recap and renovate Valley Fair Mall situated at the corner of Highway 215 and 3500 South.

CHICAGO-Fitch Ratings has affirmed a solid BBB+ rating for Equity after its $1.3 billion offer for Archstone, but Lehman, with right of first refusal, has said it will block the deal.

LOUISVILLE, CO-Minneapolis-based Founders Properties LLC has purchased three office buildings totaling 203,243 square feet in the Coal Creek Business Park Corporate Center, off McCaslin Boulevard and U.S. 36 in Louisville.