Add Row
Add Element
Logo for a showcase news media site, representing quality journalism.
update
Denver Showcase News
update
Add Element
  • Home
  • Categories
    • Home Improvement
    • Arts & Culture
    • Local News
    • Health & Wellness
    • Family Living
    • Professional Advice
    • Technology & Innovation
    • Business
    • Sports
  • Featured Local Businesses
  • Business Profiles
December 27.2025
2 Minutes Read

Legal & General Acquires The Alder Apartments for $97.2 Million - What This Means for Families

The Alder apartments acquisition with modern design and landscaping.

The Alder: A New Gem in Parker's Real Estate Market

Legal & General (L&G), a prominent global asset management firm, has made strategic waves in the Denver metropolitan area by acquiring The Alder, a 300-unit multifamily community in Parker, for a remarkable $97.2 million. This move marks L&G’s fourth multifamily acquisition in just one year, showcasing their commitment to expanding their U.S. real estate portfolio.

A Closer Look at The Alder's Features

Nestled in one of the fastest-growing suburbs of Denver, The Alder boasts spacious one-, two-, and three-bedroom apartments, with sizes ranging from 550 to 1,429 square feet. Completed in 2025, this community offers added benefits such as a resort-style pool, fitness center, and coworking spaces—amenities that are increasingly important for modern families and young professionals.

The Significance of Location

The Alder's location at 15091 Belford Ave. places residents in proximity to major employment centers, top-rated schools, and an array of retail and recreational venues. For families contemplating a move to Parker, this community offers a vibrant lifestyle combined with essential conveniences, making it an attractive option for both current residents and newcomers alike.

Long-Term Investments and Sustainability Goals

L&G completed the acquisition on behalf of its Institutional Retirement business, asserting its dedication to creating sustainable communities. As part of a long-term partnership, Taurus Investment Holdings will oversee the property's management and planning, which includes the integration of solar panel systems, echoing the growing demand for eco-friendly living spaces.

Expanding Horizons

Legal & General's expansion strategy is evident with their recent acquisition of Outlook Golden Ridge in Golden for nearly $82 million, reflecting a strong confidence in the Denver rental market. This trend suggests an increasing demand for multifamily residences, which is noteworthy for families and investors watching the evolving landscape.

The Alder serves as more than just a successful transaction; it is a beacon showing how investment in secured, quality housing can directly benefit communities through job creation and enhanced living standards. Families considering a new home should take note of such developments, as they represent more than just new apartments—these are gateways to flourishing lifestyles in vibrant neighborhoods. So whether you're a potential long-term resident or simply exploring new housing options, keep an eye on The Alder in Parker!

Business

0 Views

0 Comments

Write A Comment

*
*
Related Posts All Posts
12.25.2025

The Sale of Sunnyside Drug: A Neighborhood Legacy Now Transformed

Update A Cornerstone in Sunnyside: The Legacy of Sunnyside Drug The recent sale of Sunnyside Drug, a cherished neighborhood store, marks a significant transition for the Sunnyside community in Denver. After more than 70 years of serving locals, the Katz family has sold their iconic corner shop located at 4600 Lipan St. for $650,000. This sale isn't just about real estate; it's about the memories and stories tied to a space that has been a staple for generations. A Changing Neighborhood and New Ownership Bob Katz, now 80, spent his entire life at Sunnyside Drug before closing its doors during the pandemic. The store was more than just a business; it was a gathering spot where memories of bustling weekends and late-night snacks filled the air. The new owners, Monica and Beau Speicher, and their colleague Caine Knapp, who have strong ties to the neighborhood, plan to revitalize the space, hoping to infuse it with that same community spirit. “We definitely want to keep that nostalgic piece,” Monica told local reporters, evoking a sense of continuity that resonates with long-time residents. From Past to Present: The Vibrant History of Sunnyside Sunnyside, established back in 1872, has undergone immense changes. Initially a middle-class neighborhood, it has seen waves of immigration and transformation, becoming a culturally rich area that holds immense value to its residents. The small businesses, like Sunnyside Drug, have played a crucial role in shaping community life. Given that the store was open daily from 6 a.m. to midnight for decades, it became a hub for neighbors to connect and support one another. The Significance of Local Business in Family Living As the Katz brothers hand over the keys, they reflect on the importance of local businesses in fostering a sense of belonging. In the era of chain stores and online shopping, it’s essential for families to maintain relationships with local businesses that contribute to community identity. The hopes of the new owners to restore a nostalgic feeling highlight an emerging trend where local shops become emblematic of family living and shared history. What Lies Ahead for Sunnyside Drug? The future of Sunnyside Drug is yet to be written, but one thing is clear: its story will continue. As new owners prepare for renovations, the community eagerly anticipates what will replace its walls. Will it continue to be a place of gathering? Will it evolve alongside an ever-changing neighborhood while maintaining the charm that made it special? As residents reflect on their beloved corner store and the memories it holds, there is a clear call for community involvement. Those who cherish local businesses should support efforts to keep these establishments alive, ensuring they remain vibrant parts of our neighborhoods. With engagement and vision, the next evolution of Sunnyside Drug could not only honor its storied past but also create a new legacy for generations to come.

12.25.2025

Local Investment Thrives: What’s Next for Blake Street Tavern Building?

Update Blake Street Tavern Building in New Hands: What’s Next? Denver's vibrant Lower Downtown (LoDo) area has witnessed a significant change with the acquisition of the former Blake Street Tavern building, located at 2301 Blake St. Recently, Sidford Capital, a Denver-based investment firm, bought the building through the purchase of an in-default loan worth $7.5 million. This move follows the shutdown of the Blake Street Tavern after two decades of operation, a popular venue known for its sports and social gatherings. Strategic Move Amid Market Challenges Sidford's purchase comes at a crucial time when the previous owners, Seattle-based Urban Renaissance Group (URG), were facing financial challenges. URG had acquired the property in 2016 for a hefty $21.2 million and took out a $12.5 million loan that eventually fell into default. This situation highlights the shifting dynamics in the real estate market, especially in Denver, where competition for prime locations like LoDo remains fierce. The building is currently 66% leased to the International Workplace Group under its coworking brand, Spaces, leaving substantial potential for future development to fill the vacant areas. The Future of the Blake Street Tavern Site With Sidford now at the helm, there are exciting prospects for revitalization. The company’s principal, Dan Grooters, has mentioned their intent to build upon the existing leases, which could bring new life to this iconic location. Additionally, the surrounding area has been increasingly attractive to new businesses, which may influence Sidford’s upcoming decisions for the additional 1.2 acres of property they now control. Impacts on the Local Community This acquisition not only signifies a fresh start for the site but also represents broader trends in Denver's real estate. While URG is exiting the Denver market, Sidford Capital's successful bid highlights the continued investment interest in and resilience of the local economy. Such developments contribute to the community’s growth and adaptability amidst changing market conditions. A Glimpse into Sidford's Recent Ventures Interestingly, Sidford has also closed another deal, selling the completely leased Athmar Park Shopping Center for $8.2 million. The company had renovated this center after purchasing it for $4.6 million, indicating a proactive approach to enhancing property value. Sidford’s activities reflect a confidence in Denver’s market, despite challenges faced by other investors. Conclusion: A Community on the Rise As the city of Denver continues to evolve, the sale and future development of the Blake Street Tavern building will be closely watched by locals. This revitalization within LoDo not only promises new business opportunities but may also rekindle interest in the area’s cultural and social fabric. Residents, homeowners, and families should stay tuned for updates and community meetings as Sidford Capital begins to implement their vision for this key property. These developments offer valuable insights into the flourishing business narrative in Denver.

12.25.2025

Amicable Settlement Secures Future of Evergreen’s Little Bear Saloon

Update Little Bear Saloon Avoids Receivership Amid Owners' Legal Dispute In a resolution that brings relief to fans of the Little Bear Saloon in Evergreen, Colorado, the owners have reached an amicable agreement that prevents the establishment from facing the dire outcomes of receivership or closure. This celebrated venue, known for its vibrant live music and welcoming atmosphere, is eager to continue its legacy following a tumultuous year filled with legal battles. The Little Bear, a rustic gem located at 28075 Highway 74 and dating back to the 1880s, has been a part of the Evergreen community since the 1970s. Recently purchased in November 2023 by JR Iannaccone, Patrick Robson, and Alexandra Robson, the saloon has a rich history that was threatened this year due to financial disagreements among its owners. Iannaccone, who runs Bistro Del Lago nearby, accused the Robsons of mismanaging the establishment’s finances, claiming they used the saloon's funds for personal expenses. The Robsons, however, have denied these allegations and counter-sued for defamation, asserting that Iannaccone's accusations damaged their community reputation. A Historic Venue Under Threat The Little Bear Saloon is not just a bar; it’s a cultural beacon for music lovers and a gathering spot for locals and visitors alike. This legacy came under scrutiny as tensions escalated, creating an uncertain future for the venue. Iannaccone expressed concern that the saloon's operational struggles over recent months were placing it on the brink of financial ruin. He warned that if not addressed, the future of the Little Bear would be in jeopardy. According to the Robsons, operating an entertainment venue amid economic challenges is inherently risky, but they asserted that the dropping revenues do not warrant extreme legal maneuvers. They also emphasized that Iannaccone’s response to the financial difficulties was exaggerated. Community Impact and Final Resolution With the threat of appointing a caretaker just a few weeks ago, both parties decided to settle their disputes before proceedings escalated further. By the December 12 court date, a resolution had been reached. While the specific terms of the settlement remain confidential, the consensus allows the Little Bear to continue its tradition of great music and entertainment without further disruption. The resolution marks a critical victory for the local community and those who cherish the Little Bear as a vibrant part of Evergreen’s cultural scene. As we reflect on this situation, it’s a reminder of the resilience required to maintain beloved establishments amidst adversity. Looking Ahead: The Future of Little Bear Saloon As they move forward, the owners of the Little Bear Saloon are optimistic about revitalizing the venue. This situation presents an opportunity for them to reassess operations and foster a renewed connection with the local community. Patrons are hopeful that the saloon will bounce back, bringing back its signature live music and community events. The coming months will be vital for the Little Bear as they work to rebuild their brand and ensure financial sustainability while delivering the entertainment that Evergreen residents have come to love. For families and individuals who appreciate local culture and community gatherings, supporting venues like the Little Bear Saloon is essential to preserving the rich fabric of local arts. Whether it’s through a night out enjoying live music or participating in community events, residents now have a chance to play a part in the ongoing story of the Little Bear Saloon.

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*