Denver’s historic Larimer Square under contract to be sold to North Carolina real estate firm

Less than two weeks after longtime owner Jeff Hermanson informed tenants in Denver’s historic Larimer Square he intended to sell the block, a potential buyer has the property under contract.

Retail real estate investment firm Asana Partners, out of Charlotte, N.C., is in talks to buy the buildings lining Larimer Street between 14th and 15th streets, Hermanson confirmed Tuesday.

The company specializes in buying and running high-end retail in trendy and popular neighborhoods across the country, including in Deep Ellum in Dallas and Atlanta’s Inman Park.

“As I stated in my letter to tenants, it was important to me to find a new owner for Larimer Square who would respect the legacy of this historic block and bring the resources to ensure its continued vitality,” Hermanson said in an emailed statement. “Given the status of the transaction, we cannot provide any additional information right now, but will make an official

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Metro Denver’s housing market sees another frenzied month in October

Anxious buyers in metro Denver pushed up home prices to record levels in October and accepted increasingly unfavorable terms as they battled over a dwindling supply of homes for sale, according to the latest Market Trends Report from the Denver Metro Association of Realtors.

“October continued to defy seasonality as new records were broken by both buyers and sellers,” Andrew Abrams, chairman of DMAR’s Market Trends Committee and a Denver real estate agent, said in comments accompanying the monthly update.

The number of active listings in metro Denver at the end of October was 4,821, a decline of 9% from September and 43.7% from a year earlier. Abrams said the number broke the prior record low inventory for October by nearly 2,000 homes.

All the competition left buyers less able to demand concessions from sellers and forced more of them to accept “as-is” offers, escalation clauses and appraisal gap waivers,

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Sustainable 1-bedroom condo in Denver’s only ‘agrihood’

“This is THE hottest downtown neighborhood,” says broker Leilani Renteria with West & Main, about RiNo and its dining scene along Walnut and Larimer Streets, north of the Ballpark District.  She lives a block east in S*Park, completed last year between RiNo and Curtis Park as Denver’s only ‘agrihood’—with a professionally run greenhouse and lots of places to grow your own consumables.  She has a 1-bedroom condo to show you there today by appointment that’s a rare resale in the project.

The ‘S’ in S*Park is for sustainability; with very contemporary architecture by Tres Birds Workshop that wraps a half-acre gated central park, providing lots of community garden options (Renteria grew Japanese plum

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