Core Companies Inc.

 

Core Companies is a real estate brokerage, development and advisory company serving a wide spectrum of single family and commercial property needs. Core has brokered over $300 million in properties, arranged financing for close to $500 million in projects, and has been active in nearly $100 million of residential development.  



Company Highlights Include:
Fort Motor Credit Office

Wellshire Development

Project: Townhome Development

Location: Denver, Colorado Cost: Land $1.6 Million, Total Build-Out $10 Million

Sales Price/Value: $2.8 Million, Land Value: $2.8 Million, Constructed $12 Million

Size: 40,000sf, 22 Townhomes

Capacity: Developer

Responsiblilties: Assembled land and rezoned the site from five homes into a PUD allowing 22 units.

Uptown Broadway

Uptown Broadway Mixed Use Development

Project:  Mixed Use Development Project consisting of Retail Space (35,000sf), 41 Condominiums, and 148 Apartment Units
Location:  Boulder, Colorado
Cost:  $38.5 Million
Value/Sales Price:  $54 Million
Size:  289,000sf, 3 and 3 stories
Capacity:  Mortgage Broker and Third Party Property Manager
Responsiblilties:  Brokered the original construction loans.  Provided third party property management.  Refinanced the property near stabilization.

Vistoso Condominiums

Vistoso Condominiums

Project:  Condominium Project Development
Location:  Boulder, Colorado

Cost:  $18 Million

Value/Sales Price:  $29 Million
Size:  101,000sf, 91 units

Capacity:  Mortgage Broker and Third Party Property Mananger
Responsiblilties:  Brokered the original construction loans.  Provided third party property management and ales. Refinanced the property near stabilization.

Lighthouse at Willowbrook width=

Lighthouse at Willowbrook

Project:  Apartment Complex Development
Location:  Houston, Texas
Cost:  $24 Million
Sales Price/Value:  $31 Million
Size:  327,000sf, 336 units
Capacity:  Mortgage Broker
Responsiblilties:  Brokered a $24 Million presale to Delaware Investments and arranged constrution financing.

Champions at Norwood

Champions at Nor'wood

Project:  Apartment Complex Development
Location:  Colorado Springs, Colorado
Cost:  $31 Million
Sales Price/Value:  $37 Million
Size:  326,000sf, 332 units

Capacity:  Mortgage Broker, Land Broker

Responsiblilties:  Brokered land sale. Brokered construction loan and mezzanine loan.

Plaza of the Rockies

Plaza of the Rockies

Project:  Multi-Tenant Office Building

Location:  Colorado Springs, Colorado
Cost:  Unknown
Sales Price/Value:  $63 Million

Size:  280,000sf, 13 Stories

Capacity:  Mortgage Broker
Responsiblilties:  Brokered construction financing.

Delphi Automotive

Delphi Automotive Corporate Office

Project:  Single Tenant Office Building

Location:  Troy, Michigan

Cost:  Unknown
Sales Price/Value:  $18.7 Million

Size:  107,193sf
Capacity:  Advisor to Wells REIT
Responsiblilties:  Structured acquisition midway through construction.

Nissan Motor Credit Facility

Nissan Motor Credit Facility

Project:  Single Tenant Office Building

Location:  Irving, Texas

Cost:  $19 Million
Sales Price/Value:  $23 Million

Size:  268,000sf

Capacity:  Advisor to Wells REIT

Responsiblilties:  Structured first pre-sale for Wells Reit.

Projects For Mackenzie House
Uptown Broadway

Asbury Green

Project:  Student Housing Development

Location:  Denver, Colorado

Cost:  $47 Million

Sales Price/Value:  $60 Million

Size:  300,000sf, 171 units, 4 stories

Capacity:  Executive Vice President and Division Leader of MacKenzie House
Responsiblilties:  Responsible for all pre-development tasks at MacKenzie House including site acquisition, consultant selection, design coordination, and contract negotiations.

C45 Madison

45 Madison

Project:  Apartment Development

Location:  Kansas City, Missouri
Cost:  $22 Million
Sales Price/Value:  $25 Million
Size: 161,000sf, 132 units, 4 stories
Capacity:  Executive Vice President and Division Leader of MacKenzie House
Responsiblilties:  Inherited this mid-construction project in framing.  Oversight responsibility for construction completion, which included replacing the existing contractor,  refinancing loan to cover project overruns, lease-up, and capital partner communication.