Golub & Co. will open a Denver office that will focus on multifamily and office acquisitions across the west.
The company has had a presence in the area for decades, but this move indicates a desire to grow and manage a larger Western portfolio.
“We’ve seen tremendous growth across the Rocky Mountains and areas west over the past two decades and believe the fundamentals will stay strong long-term,” said Michael Newman, principal, president and CEO of Golub & Company.
Adding an on-ground presence in Denver will be a strategic move in accomplishing the aforementioned goals, he added.
Golub and Co. manages both office and residential properties across the U.S. and in Europe.
It was previously an owner in Snowmass Village and Fallingwater Condominiums in Denver.. It is also part of the joint venture that owns One Aspen.
Laura Newman, a third-generation member of the family business, is actively searching for a senior-level real estate executive to oversee acquisition and investment activities.
“I’m pleased to be setting down roots for Golub & Company in Denver and excited to become immersed in its local real estate community,” said Laura Newman. “Denver is a vibrant and thriving city, and the ideal place from which to continue to grow our business across the west.”
The company, founded 55 years ago, entered the Colorado real estate market in the 1980s.
A Chicago real estate investment company is expanding its Rocky Mountains footprint.