ABOUT US


In general terms Cornerstone Equity and our affiliated companies, are real estate re-developers specializing in small to medium sized commercial properties. Our Company has acquired property in the Original Downtown Aurora Arts District since 2000 and currently holds a portfolio of commercial properties. We relocated our corporate offices from the Cherry Creek Area to 1440 Iola St. #B, Aurora, CO 80010, in order to be involved with, and part of, the growth in the Original Downtown Aurora Arts District. Our principals, Doug Adams and Michael Rasser, have over 35 years of combined experience in real estate and construction. They have proven their ability to locate property that is subject to redevelopment at good price points and creating additional value through redevelopment.

We are able to do so by working closely with our business partner Construction Management Associates, Inc (CMA) on many of our projects. CMA has the contacts, skill and experience to bring projects in on time and within the allotted budget. They are prepared to interface with the city planning and building departments and manage the entire construction phase.

Cornerstone and CMA have completed projects throughout the Denver metro area and even in neighboring states but focuses on the Original Downtown Aurora Arts District. Our strategy dictates that we only get involved in properties that can be purchased and re-developed and maintain a 50% loan to value ratio. All portfolio properties must also have at least modest positive cash flow.

Cornerstone Equity Principal Doug Adams was an active participant in the creation of the Original Downtown Aurora Art’s District in 2000. Since that time, we recognized the strategic significance of this area due to the re-development of Fitzsimons Medical Center, Stapleton and Lowry Air Force Base. This triangle of development surrounds the Original Downtown Aurora Art’s district and has led to significant increase in property values in this area for more than a decade.

Cornerstone Equity is very well known throughout the Aurora city government. We are the main small developer in this area. We work closely with all the Community Development Divisions along with city officials in the identification of strategic properties and are quite often asked by these officials in an attempt to purchase a specific property so that it may be properly re-developed. Quite often our city contacts bring perspective tenants to us so that a property may be developed for us; specific to the tenants needs.

The majority of our emphasis has been to acquire properties in this specific area while the opportunity exists. We feel very strongly that the Original Downtown Aurora Art’s district is a perfect area to concentrate our efforts and our resources, and that its resurgence will mimic that which has taken place in other parts of the metro area.

© 2010 Cornerstone Equity LLC.