5 numbers that explain Denver real estate in late August

Looking north toward the Capitol from the top floor of the newly-completed Country Club Towers, Aug. 16, 2017. (Kevin J. Beaty/Denverite) country club towers; residential real estate; apartment building; denver; colorado; denverite; kevinjbeaty; denver architectural foundation; cityscape; skyline; capitol building;
Looking north toward the Capitol from the top floor of the newly-completed Country Club Towers, Aug. 16, 2017. (Kevin J. Beaty/Denverite)

Living in Denver can mean hosting your out-of-state friends when they come into town for a vacation or conference.

That can also mean questions about what the real estate market is like and how crazy rents are. Here’s a curated set of figures to help explain Denver real estate right now. 


Major Five Points developer nabs historic Rossonian Hotel

Palisade Partners purchased the 105-year-old hotel at the tip of Welton and Washington streets earlier this month for $6 million.

After dark at the intersection of Welton Street, Washington and 26th, Five Points. (Kevin J. Beaty/Denverite) five points; residential; development; apartments; kevinjbeaty; colorado; denver; denverite; rossonian;
After dark at the intersection of Welton Street, Washington and 26th streets, Five Points. (Kevin J. Beaty/Denverite)

A major developer in Five Points is planning to take on perhaps its most significant project in the area yet with the restoration of the Rossonian Hotel.


32-story Country Club Towers apartments in West Wash Park open to first residents

Broe Real Estate Group’s vice president of development Walter Armer says the company is comfortable with the way they’ve changed the city skyline.

A tour of the newly-completed Country Club Towers, given by the Denver Architectural Foundation, Aug. 16, 2017. (Kevin J. Beaty/Denverite) country club towers; residential real estate; apartment building; denver; colorado; denverite; kevinjbeaty; denver architectural foundation;
A tour of the newly-completed Country Club Towers, given by the Denver Architectural Foundation, Aug. 16, 2017. (Kevin J. Beaty/Denverite)

The newly completed 32-story high Country Club Towers are unmistakable. You don’t have to be in West Washington Park to see them either — the development from Broe Real Estate Group is visible from about two miles away if you’re at the right height.

Broe’s vice president of development Walter Armer says the company is comfortable with the way they’ve changed the city skyline.


Denver’s Goldspot Brewing to raise beer money for struggling Berkeley brewery

Goldspot plans to hold a fundraiser for Grateful Gnome on Aug. 30 at its taproom near the southeast corner of West 50th Avenue and Lowell Boulevard in the Regis.

The Grateful Gnome in Denver's Berkeley neighborhood has to push back its open date to a scaffolding collapse at an adjacent site, June 13, 2017. (Adrian D. Garcia/Denverite)
The Grateful Gnome in Denver’s Berkeley neighborhood has to push back its open date to a scaffolding collapse at an adjacent site, June 13, 2017. (Adrian D. Garcia/Denverite)

Goldspot Brewing Co. is planning to raise money this month to help a struggling nearby craft brewery get its doors open in Berkeley.