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55+ housing developer prepares to begin construction in Loveland s Centerra – BizWest

LOVELAND Avenida Partners LLC is due to begin construction on a 180,000-square-foot apartment building in southeast Loveland this month as part of the Centerra master-planned community buildout. The three-story Avenida Loveland will include 154 units and be located on a vacant parcel just north of the intersection of North Boyd Lake Avenue and east U.S. Highway 34, according to a joint statement between Avenida and McWhinney Real Estate Services Inc. Floor plans for each unit will range between 650 square feet to 1,300 square feet and are slated to be available in one- or two-bedroom configurations. A representative for Centerra said rents will begin at $1,975 per month.

CEO Roundtable: NoCo real estate pros still wondering when workers will return to offices – BizWest

As Northern Colorado climbs out of the COVID-19 pandemic doldrums, local real estate experts are left wondering when workers will return in person to the office and whether the virus has caused a permanent shift in commercial real estate markets.  Similar concerns exist regarding the retail sector, and while the residential sector is red-hot, there are significant headwinds related to the rising cost of land, water and construction materials, Northern Colorado real estate pros said Tuesday during BizWest’s virtual CEO Roundtable. Citing an internal survey, CBRE broker Peter Kelly estimated that about 90% of workers will be back at work in some fashion in the next year.

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