Denver

CMG Capital and Massimino Development have begun construction on the nearly-eight-acre, 200-unit luxury apartment complex, Momentum at First Creek.

The company has sold a three-building, 356,000-square-foot campus, occupied by the State of Colorado, in the city's Cherry Creek neighborhood.

The firm closed the year with the acquisition of a 4 million-square-foot industrial portfolio located in nine major markets.

Not all retailers are facing imminent closure. Those that had a robust omni-channel platform before the pandemic are doing well.

Retail owners bet on service-based daily needs retailers as a defense against e-commerce. Now, those retailers are among the hardest hit during the pandemic.

Leasing volume has fallen to its lowest point in a decade, and more than 1 million square feet of sublease space has come to the market.

In July, 56% of new home communities raised prices in July, while only 39% of new home communities in July 2019.

Missed mortgage payments are increasing, and it could signal the sign of a slow-to-recover housing market.