BusinessDen

3 days ago | businessden.com | Matt Geiger

A tech firm that planned to install a “second headquarters” in Denver is cutting its local office footprint by 95% and hasn’t been given any hiring-related state tax incentives it could have earned. In 2019, Checkr signed an 11-year lease for 92,000 square feet at 1621 18th St. near Union Station. That spring, the state said the company was eligible for up to $27.9 million in tax incentives, and a news conference at the state capitol touted the expected economic boon.

4 days ago | businessden.com | Matt Geiger

Paul Karmo’s family business is checking into Denver with a $24 million hotel purchase. Karmo runs the Michigan-based hotel investment firm Delta Management, which bought the real estate for the 151-room Hampton Inn at 1845 Sherman St. in Uptown for $23.8 million earlier this month.

1 week ago | businessden.com | Matt Geiger

Want to see your sale or lease here? Fill out this form to appear in next week’s Pipeline and learn more about what deals we accept here. Deals of note:Altre Aurum Owner LLC and Golub Aurum Owner LLC purchased Aurum Living, a 165-unit apartment building with 20,400 square feet of ground floor retail space at 18475 W. Colfax Ave. in Golden for $48.25 million from Confluence Cos. Confluence, a Golden-based developer, built the building in 2022 for $37.3 million.

1 week ago | businessden.com | Matt Geiger

Jorge Pesqueira is on a mission to make his stretch of Colfax “as gay as possible.”Last week, the co-owner of gay nightclub X Bar purchased the real estate of his next door neighbor, queer-friendly restaurant Champagne Tiger at 601 E. Colfax Ave., for $1.5 million in an all-cash deal. “I’m already involved in the current business so the idea is to keep it as is – hopefully forever,” said Pesqueira, 40. and offers “bougie rowdy energy,” per its owner.

1 week ago | businessden.com | Matt Geiger

The first owner filed for bankruptcy. The second owner defaulted on a loan. Now, a long-stalled hotel development near Denver International Airport has a third owner and is coming in with a fresh construction loan. Voyage Capital, a Dallas-based hotel investor, purchased the partially completed hotel at 16161 E. 40th Ave. late last month for $21.6 million from fellow Texas hospitality firm, Galaxy Hotels Group, according to public records. Neither firm responded to a request for comment.