Vanessa Abrahamson Blog: Top Companies 2021: Real Estate

Winner: Koelbel and Company

In its 34th year ColoradoBiz‘s Top Company honors Colorado companies that have drive, determination, a vision and a plan, and ultimately make the state a better place to live and work. These three companies—one winner and two finalists—represent the 2021 top companies in real estate.

WINNER

Koelbel and Co

Denver

Koelbel and Company is the longest-serving family-owned real estate development company in the region. Since 1952, the company has helped shape the development of Colorado real estate with enduring developments spanning the residential, mountain resort, and commercial office and retail sectors.

Koelbel has made a name for itself in luxury property development over the past six decades, creating communities such as Pinehurst, The Breakers, The Preserve and several developments in Cherry Hills Village. But the company has also addressed the real estate needs of a large and diverse population; It was the first developer in Colorado to use low-income housing tax credits for projects near mass transit locations.

Recognizing the need for affordability, the company formed Koelbel Urban Homes, a division primarily dedicated to higher-density urban development. The leadership team also takes an active part in political discussions about affordable housing and works closely with the mayor’s office, the Department of Economic Development and other key partners to get these complicated deals off the ground.

Today, the company is a leader in affordable housing development, including transportation-focused projects that provide both senior and work-related housing. So far, Koelbel has delivered a total of nine projects with a total of 690 units and at the end of May broke ground for its 10th project (67 units) – RidgeGate in Lone Tree.

“We tend to look at how impactful we can be for each individual family,” says Carl Koelbel, the company’s chief operating officer and eldest of Buz Koelbel’s three sons. “We never counted how many tickets we sold or put on the plate.”

The company also pioneered the collaborative office space concept in Denver and led the creation of commercial office space in Denver’s River North (RiNo) district.

Koelbel and Company has long helped make Colorado a better place. Examples include a $1 million contribution in 2020 to the Rocky Mountain Public Media Capital Fund for the new Buell Public Media Center in Denver and a major gift for the renovation and expansion of the Leeds School of Business building (now known as Koelbel Building). on the University of Colorado Boulder campus; Donation from Koebel Library, which serves as the central facility for the Arapahoe County Library District; and participation in several charities, foundations and committees in the Denver area.

FINALISTS

ancillary properties

Denver

Tributary Real Estate is comprised of seasoned industry leaders whose strong relationships have enabled them to capitalize on market-informed opportunities that fuel economic growth. Founded in 2015, the company offers a tailored approach to brokerage, development, capital and investment, creating long-term value for clients and partners. Tributary’s proven process and integrated model enables the company to maximize returns for partners and customers while making a positive economic impact on the surrounding community.

As Denver continues to attract new businesses, Tributary remains committed to helping them navigate an ever-changing marketplace to prepare them for long-term success. Tributary currently focuses its tenant agent services in five major submarkets in the Denver metro area – Downtown Denver, Cherry Creek/Colorado Boulevard, the Denver Tech Center, the Northwest Corridor and West Denver. Tributary’s goal is to be experts in each of these submarkets. Since 2018, the company has closed 183 deals.

Tributary currently has $75 million in assets under management and plans to expand to at least $150 million over the next five years.

8z real estate

boulder

8z Real Estate is a residential real estate broker founded in 2009 in the middle of the Great Recession. 8z believes that with training and support, new and experienced real estate agents can achieve the benchmark of selling at least $10 million worth of properties per year and achieving the “good real estate life” of being market experts and having relationships with enthusiastic clients build on them and have the income to achieve their goals. All 8z agents and employees adhere to five core values to continue the company’s property repair mission: Customers First, Respectful, Helpful, Transparent and Integrity.

In 2020, 8z agents completed an average of 20.51 transactions and $10,433,083 in sales volume.

8z has an average rating of 4.98 stars out of 5 on Zillow with 1,559 agent reviews, and 8z’s 11 office locations have an average rating of 4.96 stars out of 5 on over 500 reviews on Google My Business.

The company and its leadership were duly recognized. 8z President Ryan Carter was named Manager of the Year in April 2021 by the Denver Metro Association of Realtors. Lane Hornung was named in the Denver Business Journals Inaugural Class of Most Admired CEOs in November 2018. 8z Team Leaders and Agents model the values, work ethic and commitment of 8z leadership.

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