China Growth Sizzles, Inflation Bubbles

Ryan Branin wants to be part of something different. For the past eight years, the 29-year-old has driven for Uber and Lyft. And like a growing movement of drivers, he’s fed up with his take-home pay constantly changing depending on criteria far beyond his control. He’s fed up with surge pricing.

Three years after opening, a hotel/hostel in Summit County has been foreclosed on. “The most difficult part of this journey is knowing that things could have turned out so differently,” said Lynne and Rob Baer, former owners of The Pad in Silverthorne. Built in part from shipping containers, the building at 491 Rainbow Drive has won awards and praise from travel outlets.

A 227-unit apartment community in Highlands Ranch has sold for $91.25 million, based on public records filed with Douglas County. The five-building Aventine Littleton Apartments, 2503 Primo Road, was sold by Century Living, the multifamily division of homebuilders Century Communities, to Chicago-based real estate firm Equity Residential, according to a Tuesday news release by CBRE. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented the seller. “This transaction aligns with the ongoing trend of institutional investors shifting their focus away from urban assets and towards high-end properties in desirable suburban locations,” said Terrance Hunt, who is vice chairman of CBRE’s Colorado office. Century Living developed the apartments, which were completed in phases between 2023 and 2024. The brand-new apartment community offers a variety of one-, two- and three-bedroom units with an average size of 1,028 square feet.

The Colorado Railroad Museum in Golden is chugging along, closing on its second real estate purchase of the year earlier this month. The 65-year-old organization bought a single-family home on a roughly half-acre lot at 16887 W. 44th Ave., right next door to the existing museum, for $740,000, records show. “This was just a fortuitous happening … we’re not going to be making any immediate changes.

Two well-known Denver restaurants opened at Denver International Airport last week, adding to what has become a hefty list of Colorado concepts. The openings come just a few months after two other familiar eateries and a coffee shop got on board at DIA. Related: Why your favorite DIA restaurant is different from its brick-and-mortar location Mister Oso, which features Mexican and other Latin American dishes is now open in Concourse C, along with Bar Dough, an upscale Italian restaurant.