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ERES Facilitates Sale of Element 29 Hotel in Copper Mountain, CO

21Dec, 2022

The 127-room property is the first hotel in Copper Mountain, one of Colorado’s premier year-round destinations. COPPER MOUNTAIN, CO – December 21, 2022 – ERES Companies (ERES) announced the successfully completed sale of Element 29 Hotel in Copper Mountain, CO.  Built in 2021, the Element 29 Hotel offers 127 well-appointed rooms and is the first hotel Read More

ERES Capital, LLC Sells Whitehall Village Retail Center in Charlotte, NC

02Nov, 2022

The fully occupied space received multiple offers resulting in a quick close CHARLOTTE, NC – November 2, 2022 – ERES Capital, LLC, the full-service private equity investment and development division of ERES Companies, announced today the sale of a prominent retail complex located at 8943 South Tryon Street, Charlotte, NC.  The neighborhood retail center was fully leased Read More

ERES Facilitates Sale of Commercial Real Estate Portfolio Totaling Over One Million Square Feet

13Sep, 2022

The firm successfully brokered 17 assets located in key domestic energy markets amounting to more than $53.7 million in transaction value DENVER, CO — September 13, 2022 — ERES Companies (ERES) announced today the successfully completed sale of 17 commercial real estate assets located in key domestic energy markets. The portfolio includes industrial and of Read More

ERES Companies Announces Grand Opening of Sarasota Office

16Aug, 2022

New location will support real estate and development needs of Gulf Coast communities Sarasota, FL — August 16, 2022 — ERES Companies (ERES), a full service, commercial real estate firm, announced today the opening of its new office in Sarasota, FL.  The office, located in the Sarasota City Center building, will serve as a hub Read More

ERES Expands Bozeman Presence; Adds Seasoned Broker to the Team

17May, 2022

New Bozeman, MT location set to open in June BOZEMAN, MT — May 17, 2022 —ERES Companies (ERES), a full-service, international real estate firm, announced today that they will be opening a new Bozeman, MT location in June.  They have welcomed aboard seasoned business executive and broker, Paul Lencioni, as their newest Associate Broker.  ERES focuses on Read More

2021 Commercial Real Estate Outlook

04Jan, 2021

ERES Leadership provides boots-on-the-ground insight on what commercial real estate owners and investors can expect in the coming year   In the world of commercial real estate 2020 was a year many of us will next forget. As the COVID pandemic began to affect markets large and small, investments across every sector were inundated with Read More

2020 Oil Price Drop and Lessons Learned From 2014

16Mar, 2020

By Tom Bradley | President, ERES What a start to the “Roaring” 20’s! With oil plummeting by more than 30%, the Coronavirus (COVID-19) impacting all facets of the economy and looming uncertainty around November election outcomes, it has truly been a tumultuous time. As companies/investors consider their real estate portfolio planning in response to the dwindling Read More

Privately Held Companies Get One-Year Extension on New Accounting Standard

31Oct, 2019

Most Significant Accounting Changes in 40 Years Now Set to Take Effect Dec. 15, 2020   October 18, 2019 | Written by Randyl Drummer | Originally published on CoStar The Financial Accounting Standards Board, the U.S. accounting rules-setting body, is giving privately held companies and nonprofit organizations more time to prepare for new financial reporting standards Read More

As Oil Patch Rental Rates Rise, So Do Multifamily Sales

13Sep, 2019

Orginally Published in the Williston Herald | September 12, 2019 | Written by Renée Jean Pictured Above: The Plantation at Hunters Run, a 202-unit apartment community, is among more than $58.4 million in multi-family contracts closed by ERES in the past 18 months. The upscale multifamily property is in Watford City. It’s 203,633 square feet across six buildings. Read More

How the New IFRS 16 Accounting Rule Affects Your Real Estate Strategy

12Mar, 2019

By ERES President Tom Bradley Beginning on January 1, 2019 the new lease accounting standard IFRS 16 went into effect which essentially requires tenants/lessees to now report lease liabilities on their balance sheets. This new requirement eliminates nearly all off balance sheet accounting and has a far-reaching impact on lessees’ business processes. Who is Affected Read More