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Developers intent on improving state of downtown housing

Developers intent on improving state of downtown housing

It has been nearly two years since the Urban Land Institute called for the creation of 250 to 300 housing units in downtown Colorado Springs, and the city has yet to see such results. But a handful of local developers are pushing through economic and bureaucratic hurdles in attempts to reach that goal. The ULI… Continue Reading Developers intent on improving state of downtown housing

Griffis to manage apartment complexes in Arvada

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Griffis to manage apartment complexes in Arvada

Griffis/Blessing Inc. will handle property management for The Flats at Sky Village and The Reserve at Oak Park, both located in Arvada and owned by Ruffner Properties LLC. The Flats at Sky Village is the larger of the two properties with 105 one- and two-bedroom apartment homes, whereas The Reserve at Oak Park has 42… Continue Reading Griffis to manage apartment complexes in Arvada

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Griffis/Blessing lands Academy Gateway deal

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Griffis/Blessing lands Academy Gateway deal

A Colorado Springs-based property management group will manage the Academy Gateway Retail Center near the intersection of North Academy Boulevard and Woodmen Road. Griffis/Blessing Inc. announced in a news release Thursday that the company will now manage the 28,285-square-foot shopping center at 7140-7190 North Academy Blvd. The leasing broker marketing the vacancy at Gateway center… Continue Reading Griffis/Blessing lands Academy Gateway deal

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Griffis/Blessing group buys Ridgepointe

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Griffis/Blessing group buys Ridgepointe

A Colorado Springs-based real estate investment group recently purchased Ridgepointe at Gleneagle Apartments for $30.3 million. Griffis/Blessing Inc. finalized the purchase of the 240-unit property on Dec. 3 with $22.5 million in financing from Freddie Mac and the remaining $8 million in investor equity, according to Chief Investment Officer Gary Winegar. The property is located… Continue Reading Griffis/Blessing group buys Ridgepointe

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Griffis/Blessing buys Ridgepointe for $30.3 million

A Colorado Springs-based real estate investment group recently purchased Ridgepointe at Gleneagle Apartments for $30.3 million. Griffis/Blessing Inc. finalized the purchase of the 240-unit property Dec. 3 with $22.5 million in financing from Freddie Mac and the remaining $8 million in investor equity, according to Chief Investment Officer Gary Winegar. The property is located in… Continue Reading Griffis/Blessing buys Ridgepointe for $30.3 million

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Griffis/Blessing manages Shops at Powers Center

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Local property management company Griffis/Blessing Inc. has assumed management of the Shops at Powers Center in northeast Colorado Springs. Griffis/Blessing was chosen by RPS Investors LLC to manage the 16,000 property at 5490 Power Center Point — at the southeast corner of Powers Boulevard and Research Parkway — in the city’s Briargate neighborhood. “Our knowledge… Continue Reading Griffis/Blessing manages Shops at Powers Center

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