SUBSCRIBE TO OUR INVESTORS HOT LIST

Details revealed about large Denver employer’s downtown workforce housing development

New details have emerged about the workforce housing project being developed in downtown for one of Denver’s highest-profile employers.

In June, Denver-based DaVita Inc. (Nasdaq: DAV), a U.S. kidney dialysis giant, partnered with local real estate developers Continuum Partners and Goshen Development to transform a half-acre surface parking lot at 20th and Welton streets into middle-income housing.

The developers in late March submitted more specifics to the city, revealing a project building a seven-story, 94-unit apartment building on the property at 2000 Welton St. in Denver’s Five Points neighborhood.

The workforce housing development will differ from affordable housing in that it addresses a “missing middle,” Haroun Cowans, founder of Goshen Development, previously said.

Work on the project is expected to begin in early 2026 and wrap up in early 2028, according to the plan submitted to the city.

The project will offer a variety of unit sizes, including some two- and three-bedroom options, aiming to attract employees in the health care industry and other professions, Cowans previously told the Denver Business Journal.

The development will also cater to teachers, frontline caregivers and first responders, Peter Berkowitz, DaVita’s group vice president of real estate, development and facilities, told the DBJ.

The units will support middle-income residents and provide financing opportunities for renters earning between 60% and 120% of the area’s median income, Cowans said.

The project’s developers are pursuing bond financing through the Middle Income Housing Authority, a special-purpose authority to promote affordable housing for middle-income workers.

An LLC associated with DaVita purchased the site at 2000 Welton St. last April for $3.25 million, according to public records.

DaVita isn’t directly in the housing business but saw a need for more affordable housing, DaVita CEO Javier Rodriguez told the DBJ earlier this year.

“We know that it’s a drop in the bucket, meaning it’s a big issue we have to challenge,” he said of affordable housing. “Instead of saying, ‘Are we going to solve everything? No.’ But can we solve one thing? Can we help some people? And the answer is ‘yes.’”

The housing project is less than two miles from DaVita’s headquarters at 2000 16th St.

DaVita has about 3,000 employees based out of its two buildings in downtown Denver, according to the company.

Goshen Development and Continuum Partners also have plans to develop housing at 2510 Welton St., the groups’ second affordable housing project in Five Points.

By Cassidy Ritter – Reporter, Denver Business Journal

Apr 7, 2025

Denver multifamily sales bounce back after hitting decade low

Sales volume increases 62% from 2023 levels

After hitting a decade low, multifamily investment sales in the Denver area rebounded in 2024 as an increase in apartment demand boosted sales volume across the region.

Roughly $4.5 billion in multifamily deals traded hands last year, according to CoStar data. This comes after a tepid 2023 when just $2.7 billion was invested, marking the lowest annual figure dating back to 2013.

The recent momentum underscores investors’ willingness to look beyond short-term hurdles created by the high cost of capital and construction boom and focus on the market’s ongoing demand for housing.

The Denver market added nearly 31,000 people between July 2023 and July 2024, marking the strongest year-over-year population growth recorded since the onset of the coronavirus pandemic. Population for the 10-county metropolitan area now totals 3.05 million, according to new estimates from the U.S. Census Bureau. Population growth helped boost apartment demand and increase investor appetite in the Denver market.

In total, 227 properties traded in 2024, including 13 that closed with a sales price above $100 million.

The average sale price in Denver ended 2024 at $304,000 per unit, above the national benchmark of $226,000 per unit, according to CoStar data. However, this is down from Denver’s record high of $368,000 per unit, which was achieved in mid-2022.

While the vacancy rate of 11.1% remains near historic highs, vacancy likely peaked in the fourth quarter and is now on a downward swing due to a combination of higher levels of demand and a slowdown in construction. Apartment completions are expected to fall dramatically in 2025 with 8,500 units projected to be completed this year, down from 18,000 units in 2024.

Barring any significant economic shift to the downside, the local apartment market’s healthy demand and slowdown in construction activity should keep investors interested in the near term.

By Jeannie Tobin, CoStar Analytics

March 31, 2025 | 8:46 AM

NOW HIRING! LEAD BUYER AGENT

We are looking for a Lead Buyer Agent to join our team!

Where you will work:

Denver Metro Area –
Hybrid – 30% in Office / 70% Field Work or Work from Home – Full Time
Must live in Denver Metro Area.
Keller Williams Office, Denver – Highland Neighborhood

View the Job Post Below

Who are we looking for?

The Commercial & Residential Real Estate Advisor-Sales Agent is an individual who is highly sociable, draws energy from working with people, and is optimistic and outgoing. They must have strong business acumen and a strong sense of urgency, but not at the expense of quality. In addition, he/she demonstrates on a daily basis the knowledge, attitudes, skills, and habits of a high-achieving sales agent who is committed to putting clients first, doing the right thing, and seeking win-win agreements. The Sales Agent prospects for leads daily, closes those leads to appointments, closes for agreements, and then conducts a high-level fiduciary needs analysis for each client. They will also act as the Showing Agent who will select homes/properties that meet the criteria and will drive the clients to the homes or investment properties. This agent receives assistance from the team to negotiate the offer, write the contract, and oversee the deal through its close.

The Sales Agent also demonstrates a commitment to learning and strives for growth by regularly attending courses and regularly practicing scripts and dialogues. This person would be committed to learning more about both residential real estate and commercial multifamily investment sales.

View the Job Post Below

Want to apply? Send your cover letter and resume to:

red.glassproperties@gmail.com

Hop into Fun: Easter Events Around Denver 2025

April is here, which means Easter fun! Don’t miss out on any egg-cellent opportunities to make special memories with your family. From Easter Bunny visits to egg hunts, here’s your guide to spring celebrations around town.

Multiple Dates

Easter Bunny Photos
Cherry Creek | Colorado Mills | Flatiron Crossing | Park Meadows | Southwest Plaza | Town Center at Aurora
April 1–21
$19.99-59.99. Reservations suggested

Meet the Easter Bunny at Scheels
4755 Ronald Reagan Blvd., Johnstown
April 12–19, multiple times
Free

April 5, 2025
Photos with the Easter Bunny by Keller Williams Preferred Realty
11859 N Pecos St. Suite 200, Westminster
Saturday, April 5, 10am–4pm
Free

April 12, 2025

Breakfast with the Easter Bunny at the Denver Aquarium
700 Water St., Denver
Saturday, April 12, 8:30am
Reservations required

Park Meadows Mall Easter Egg Hunt
8401 Park Meadows Center Dr., Lone Tree
Saturday, April 12, 8:30–10am
$2

Egg Hunt at Thundercloud Park
7340 W 72nd Ave., Arvada
Saturday, April 12, 9am
Free

Bear Mortgage Inc. Easter Egg Hunt
10291 Belvedere Ln., Lone Tree
Saturday, April 12, 9–11am
Free. Reserve tickets online

Hyland Hills Parks and Rec Easter Eggstravaganza
9650 Sheridan Blvd., Westminster
Saturday, April 12, 9am–Noon
Free

By Colorado Parent,

April 2025

40 Spring Cleaning Hacks to Transform Your Home in No Time

Make your own all-purpose cleaner

Combine one part white vinegar, one part water, a lemon rind and a few rosemary springs into a spray bottle. Shake and let it infuse for a week before using. This natural cleaner can remove hard water stains, clean trash cans, wipe away wall smudges and much more. Keep in mind: Vinegar is not safe for all surfaces, including natural stone and finished wood.

Clean oven racks in the bath tub

Rather than struggling to scrub your oven racks in the sink, give them a soak in the bath tub. Scrub racks with a medium or heavy duty scouring pad and grease-fighting dish soap. Our advice? Lay down towels in the tub first to prevent scratching from the metal racks.

3

Refresh window treatments in the dryer

Put your dryer to work! Toss drapes, curtains and soft valances in the dryer for 15 minutes on air-only or the lowest temperature your model offers, then immediately rehang to avoid wrinkles.

Vacuum blinds

Attach your vacuum’s soft dusting brush attachment and turn the suction down to the lowest setting available. Close the blinds, hold the slats taut and vacuum slowly. (Move from left to right for horizontal blinds, top to bottom for vertical blinds.) Open and close the slats in the opposite direction, then vacuum each slat again.

RELATED: How to Clean Blinds Fast

Clean cutting boards with lemon

With regular use, even the best cutting boards can become stained. If you think that nasty mark on your cutting board is permanent, you could be wrong. Run the cut side of a lemon over the board to help remove food stains and smells. Sprinkle it with salt or baking soda first for extra oomph. Follow up with a coating of a cutting board oil to nourish the wood.

Wash pillows in the washing machine

Most bed pillows can go straight into the washing machine! You need to clean these items only two or three times a year, so they should be at the top of your list during spring cleaning season. Just make sure you check the manufacturer’s label for care instructions.

Use dish soap to tackle carpet stains.

Combine ¼ teaspoon of liquid dish soap and one cup water into a spray bottle, shaking to combine. Spray a microfiber cloth with the solution and dab the stain. Once the stain is removed, fill another spray bottle with fresh water and spray the area to rinse any suds. Blot well with a clean microfiber cloth and allow to air dry. You can also refresh carpets between deep-cleanings by using a portable carpet cleaner.

Tackle soap scum with lemon

Lemon juice acts as a natural acidic cleaner, so it can tackle soap scum. Mix it with water and spray it on tubs and showers, then scrub. Keep in mind: Never use this mixture on marble to avoid damaging the surface.

Clean the toilet with white vinegar

Use a mixture of white vinegar and baking soda to refresh the toilet bowl and remove hard water stains. Drain the water out of your toilet bowl. Pour white vinegar into the bowl until it covers the water line and let it sit overnight. Add one cup of baking soda to create a fizzy solution. Start scrubbing until stains are gone, then flush.

Vacuum door mats on both sides

Going over the backs of the mats will push trapped dirt out onto the floor, where it will be easier to pick up. To refresh outdoor mats, hose them off, then air-dry. Pro tip: You can trap more dirt by using two mats, one mat outside and one inside.

Dust with dryer sheets

Ditch a store-bought disposable duster for something you may have at home — used dryer sheets. Collect dust on furniture, air vents, ceiling fans, baseboards and much more. The anti-static properties are also great for wiping down TVs, mirrors and computer screens.

Steam clean the microwave

Clean up those pesky tomato stains once and for all. To clean your microwave, fill a large microwave-safe bowl with one cup of water and a lemon, lime or orange cut into thin slices — or several tablespoons of vinegar — and stick it inside. Turn the appliance on high for several minutes or until the solution boils and the window is steamy, then let it cool for five minutes before opening the door. Remove the bowl and wipe the inside and outside of the microwave with a sponge.

Clean your washing machine with bleach

Before you start to notice an odor, clean your washing machine by adding bleach and turning on the special washer-cleaning cycle on your machine. Or use a washing machine cleaner like GH Seal Star Tide Washing Machine Cleaner.

Use ketchup to shine copper pots and pans

Ketchup helps dissolve tarnish on copper pots and other copper cooking accessories. Just massage the sauce over the surface, and add a pinch of salt if you come across exceptionally stubborn spots.

Clean kids’ toys in the dishwasher or washing machine

When it comes to cleaning kids’ toys, don’t overlook the convenience of your dishwasher or washing machine. For plastic toys, choose the crystal or quick cycle on the dishwasher and skip the heated dry. For stuffed animals, check the care labels, and if machine washable, place them in a mesh bag or pillowcase before throwing it into the washing machine on a gentle cycle. A quick once-over with a lint roller can help too.

Clean your mattress with a garment steamer

It’s the ideal time to pay attention to what’s under the sheets. To clean your mattress, first use a top-performing clothing steamer to kill dust mites near the surface. Vacuum the mattress afterward, making sure to press firmly with your vacuum’s upholstery and crevice tools to clean the top and sides. After vacuuming, sanitize the mattress with a disinfecting spray like Lysol Fabric Disinfectant Spray.

Freshen up carpets with baking soda

To rid your carpet of odors, sprinkle baking soda on your carpet. Using a soft brush, work the baking soda into your carpet and let it set for 15 to 30 minutes. Vacuum the baking soda off the carpet with a fresh bag or clean dirt cup.

Donate clothes you’ve only worn once

Go through clothes and shoes, purging anything you’ve only worn once and likely won’t wear again. Think a bridesmaid dress, Halloween costume or formal dress you’ve outgrown. Try on anything you’re unsure about before giving it closet space. Keep an eye out for anything stained, in need of repair or worn out.

Remove (and clean) bins from the fridge

In addition to wiping down your fridge’s interior shelving on a regular basis, give the removable bins and shelves a deep-clean every now and then. Pop out the door shelves and bins and wash them in warm, soapy water to help get rid of food bacteria and spillage. Don’t forget to rinse and dry everything well before putting the shelves and bins back in.

Clean windows on a shady day

Wait for an overcast day to clean windows. Choosing a sunny day is one of the most common window-cleaning mistakes to avoid. “Raise blinds or shades and wash windows with glass cleaner and a microfiber cloth,” Forté says.

Clear crumbs from hard-to-reach places

If there’s a gap between your stove and kitchen counters, there’s a good chance food bits have made their way into this tight, dark space. Use the crevice tool on your vacuum or an extendable duster to reach into this space.

Clean your vacuum

Yes, you have to clean your cleaners. Replace the vacuum bag or clean the dust cup, and replace or wash the filters. Snip threads snarled in the brush with scissors or a seam ripper.

Use a DIY mixture to clean white sneakers

A bright new pair of white sneakers goes well with almost any outfit, but those cool new kicks can also be magnets for dirt and debris. Clean white shoes using a simple DIY mixture:

In a small bowl, mix one tablespoon of baking soda, a half tablespoon of hydrogen peroxide and a half tablespoon of warm water until it forms a thin paste. Use an old toothbrush to gently scrub the shoes, then rinse well with a damp cloth and allow to air-dry away from the sun. For leather sneakers, skip the hydrogen peroxide.

DIY a stainless steel cleaner for sparkling appliances

To clean stainless steel appliances and sinks, mix a solution of one teaspoon dish detergent and one quart hot tap water. Using a microfiber cloth, rub the solution onto the marks in small sections, going with the grain. Rinse with clean hot water and dry immediately with a clean cloth.

Use baby shampoo to clean makeup brushes

To clean makeup brushes, squeeze a few drops of baby shampoo or Dawn dish soap into your palm and rub the bristle tips into the soap, then gently work the suds through them. To rinse, hold the brush (bristles down) under warm running water. Gently shake over the sink to remove excess water, then lay the brush down on a paper towel to finish drying.

Machine wash your shower curtain

Turns out, you can put your plastic or vinyl shower curtain in the washing machine. “Select a warm, delicate cycle or for very dirty liners a hot, short cycle adding in some bleach (for clear or white liners) and some old towels for scrubbing action,” says Forté. Place the liner in the dryer on low heat for only a few minutes to remove excess moisture. Hang the liner to finish drying.

Vacuum upholstered furniture

Switch to the upholstery tool on your vacuum to go over both sides of cushions and underneath them. The crevice tool is a great way to remove any gunk along the trim and stitching. After, use a handheld garment steamer to kill surface dust mites, allowing just steam to touch and penetrate the fabric.

Check cosmetics for expiration dates

Getting rid of expired makeup, skincare and hair products is a quick way to declutter. Not all products note an expiration date, but many say how many months the product will last after opening.

Use a microfiber mop to wipe walls

Rid painted walls of dust by wiping them with a damp microfiber mop. For walls with vinyl wallpaper, make sure to wring out the damp mop well to avoid damage. Skip the water altogether if you’re dealing with paper, fabric or grass cloth wallpaper. Be sure to start from the top and make your way to the bottom.

Use lemons to de-stink the kitchen sink

Got kitchen stink you just can’t kick? You might already have the necessary ingredients to freshen up your sink in the fridge right now. Try dropping a couple of lemon rind slivers into your garbage disposal, and turn it on for 15 to 30 seconds. Follow with cold water to flush out any bits of lemon rind that remain.

Go beyond the dryer’s lint trap

More than 15,000 fires start in home laundry rooms every year, according to the National Fire Protection Association. Beyond removing the fuzz from your dryer’s filter after every load, pull out hard-to-reach lint with the crevice tool on your vacuum to suck up debris. Vacuum under, around and behind the dryer as well. Unplug the dryer and use your vacuum’s hose to clean as far into the dryer vent as possible.

De-gunk your oven

Cleaning your oven is an essential part of spring cleaning. Use the appliance’s self-cleaning function to remove stubborn, baked-on grime. If your oven doesn’t have one, place a hot, wet cloth on top of burned spots to help soften the gunk. Then apply an oven cleaner (like one of the best oven cleaners we’ve tested) and let stand for as long as the manufacturer recommends. Rinse with a wet cloth and wipe dry.

Scrub down kitchen cabinets, on both sides

Unsightly kitchen grime is a mix of dust and grease that builds up over time. To de-gunk kitchen cabinets, use a cabinet cleaner or mixture of dish soap and water to cut through dirt. Wipe both sides of the cabinet door, paying special attention to knobs and drawer pulls.

Use dish soap to clean outdoor furniture

With warmer weather on the horizon, it’s time to get your outdoor furniture ready for lounging. To do this, add a squirt of dish detergent to a bowl of warm water, then wipe down tables and chairs. Rinse with a cloth or a spray from your garden hose and let them air dry.

Refresh drains with baking soda

To freshen drains (not unclog them) and help keep them free-flowing, mix a half cup of baking soda with one fourth of a cup of table salt. Pour the mixture down the drain, followed by one cup of warmed white vinegar. It will foam and bubble. Let it stand for 15 minutes, tops.

Follow by running hot tap water for at least 15 to 30 seconds. This is especially helpful for seldom-used drains, like those in guest bathrooms.

Scrub trash cans

Trash bags break, and when they do, washing your trash can is the only way to keep odors out of your home. To wash the inside of your trash can, hose it down and scrub the inside with your favorite dish soap and a sponge. Rinse it well, and either allow it to air-dry or dry it with a microfiber cloth before returning it to your kitchen. Regularly use a sanitizing wipe or spray to keep the outside of the trash can free of food bits and drips.

Clean your shower head with a bag of vinegar

Hard-water buildup can cause unsightly stains and even affect your showerhead’s water flow. If scrubbing with a sponge doesn’t clear the debris, clean your showerhead and restore its flow using a few kitchen products you probably already have in your home. (Take note: This method is best suited for chrome fixtures.) Mix equal parts white vinegar and water in a plastic bag and tie the bag around the showerhead, making sure to immerse the showerhead entirely. Secure it with a twist tie. Leave the bag around the shaft for up to an hour, then wipe away any residue left behind. Run the shower’s hot water to flush out the vinegar.

Caution: To help prevent damaging decorative showerhead finishes, choose instead to dunk a brush into the vinegar-and-water mix and scrub the showerhead nozzles. Then flush the openings by turning on the hot water.

38

Invest in an extendable duster for light fixtures and fans

Spring cleaning is all about tackling the areas you forget about during the rest of the year. Grab an extendable duster, like the one from GH Seal holder Swiffer, and attack ceiling fans, hanging and recessed lights, vents and more. Make sure to start your cleaning here, from top to bottom, so you don’t have to vacuum your floors twice.

39

Wash reusable bags

Reusable grocery bags cut down on wasteful plastic, but they can get grimy over time. Look at the care label on your reusable bags to determine the best way to clean them. If they’re not machine washable, clean them thoroughly with a sponge or cloth dipped in sudsy water. Rinse with a clean cloth and let air-dry.

40

Replace air conditioner filters

Spring is a great time to clean or replace HVAC and window air conditioner filters before you start to use them regularly in the summer months. It’s best to check with your unit’s manufacturer for the recommended way to clean filters if they’re washable.

By Ashley Fahey – Editor, The National Observer: Real Estate Edition,

Jul 28, 2022