Denver-Based Confluent Looks for Deals Emerging for a Property Type in Low Demand
BusinessDen: The Pipeline: Commercial real estate deals for 1.19.24
Confluent Development and Ascentris, a Denver real estate private equity firm, acquired ParkRidge Six, a five-story, 161,000-square-foot office building in Lone Tree for $23 million from WPC PR6 CO LLC. Subscription Required @ BusinessDen.com: READ MORE PDF Version
Mile High CRE: New Partnership Acquires Class A Office Building in Lone Tree
Confluent Development has formed a joint venture with Ascentris, a Denver-based real estate private equity firm, and made its first acquisition: ParkRidge Six, a five-story, 161,000-square-foot, Class A office building in Lone Tree. This acquisition reflects Confluent Development’s pursuit to revitalize office properties amid dynamic changes within the asset class and the ongoing evolution of today’s workforce. Following its core …
In the Pipeline: Lifespace Progresses on $88M Expansion; Confluent to Build MorningStar Community
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Confluent Senior Living enters agreement to build MorningStar California community Confluent Senior Living and MorningStar Senior Living have entered into an Exclusive Negotiating Agreement (ENA) with the city of …
Confluent Senior Living and MorningStar Senior Living Enter into Exclusive Negotiating Agreement with the City of Tustin for a Class A Senior Living Community
283,000-Square-Foot Redevelopment Anticipated to Set Gold Standard for Senior Living in Orange County TUSTIN, Calif. (September 20, 2023) – Confluent Senior Living and MorningStar Senior Living have entered into an Exclusive Negotiating Agreement (ENA) with the City of Tustin to lead the development of MorningStar at Tustin Legacy, an approximately 283,000-square-foot, large-scale senior living community. MorningStar at Tustin Legacy is …
Senior Living Developer Confluent Plans $500M Pipeline, Sees Wider Recovery in 2025
Confluent Development is expanding its presence in senior living despite persistent headwinds facing new development growth as construction starts remain at historic lows. The Denver, Colorado-based real estate investment and development firm is gearing up for continued growth with a large pipeline, and recently promoted Matt Derrick to managing director of the firm’s senior living development division. Since joining in …
Completion of Clark’s Market Represents Final Development Milestone at Boulevard One
Denver-based project partners and co-developers Confluent Development and Kelmore Development have successfully completed Clark’s Market, the grocer anchor of the 175,000-square-foot Exchange at Boulevard One mixed-use redevelopment, which will serve Denver’s Lowry neighborhood as well as its neighboring communities. The introduction of Clark’s Market’s mountain town brand marks its official entrance into the Denver Metro market and the final property that represents the full build-out of …
Colorado Construction & Design – Developer on Deck and Industry Icon
Attached is an excerpt from the Colorado Construction & Design magazine from Spring-Summer 2023 with two articles featuring Confluent Development in the Developer on Deck section and Celeste Tanner in the Industry Icon section. CCD-Magazine-Spring-Summer-2023 The full magazine can be found here.
Confluent Development Appoints Matt Derrick to Managing Director of Senior Living Division
As seen at Mile High CRE Confluent Development, a national full-service real estate investment and development firm, has promoted Confluent Senior Living Vice President Matt Derrick to managing director of the firm’s senior living development division. As Managing Director, Derrick will usher Confluent Senior Living into a new era of growth and spearhead Confluent Senior Living’s continued strategic expansion plans …