Cassidy Ritter on Muck Rack

Cassidy Ritter

As seen in: MSN, Albany Business Review, Bizwomen, Columbus Business First, Denver Business Journal, Flipboard, Milwaukee Business Journal, Minneapolis/St. Paul Business Journal, Phoenix Business Journal, San Francisco Business Times and
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Articles

Former Bubba Gump Property Near Colorado Convention Center Sells

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By Cassidy Ritter
| Bisnow
The property at 1437 California St. sold for $1.8M. A restaurant space in the heart of downtown Denver has a new owner, one who paid less than the original asking price. Located near the Colorado Convention Center and revamped 16th Street, 1437 California St. sold Monday for $1.8M, about $700K below the asking price, according to marketing materials from NAI Shames Makovsky.
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Target Opens Its Largest Food Distribution Center In Denver Suburb

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By Cassidy Ritter
| Bisnow
Target Corp. has opened the largest food distribution center in its nationwide rollout in Thornton as the Minnesota-based retailer continues investing in its food and beverage supply chain. This is Target’s ninth food distribution center and its first with consolidation capabilities, the company said in a statement Monday. The consolidation center is intended to reduce the volume and cost of transportation and streamline arrivals, the company said.
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Denver Hotel Owners Lean On Upfront Incentives As Financing Gets Tougher

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By Cassidy Ritter
| Bisnow
In an uneven hotel market not yet recovered from the pandemic, hotel owners and developers are increasing their usage of bridge funding provided by hotel brands to complete the capital stack. Key money, an upfront payment from a hotel operator or brand to a hotel's prospective new owner, is becoming more prevalent, though it isn't a silver bullet. These types of payments have existed for years, but their use is ramping up in a tough financing environment.
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