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Loveland Commercial, LCC, is celebrating its 20th anniversary by changing its name and moving offices.
The company, started by Eric Holsapple and Don Marostica in 1996, has expanded the depth and breadth of its services, which led the firm to rebrand itself as LC Real Estate Group, LLC.
The name change will increase awareness that Loveland Commercial and Midtown Homes — the residential construction company founded by Loveland Commercial partners — are part of the same company, said Nathan Klein, partner and commercial brokerage manager.
"We are certainly not just Loveland, and not just commercial," Klein said in a press release. "The new name is recognition of the true breadth of what our company has become, while still acknowledging that tremendous 'LC' history, he said.
Loveland Commercial moved earlier this month from the Thompson Valley Towne Center on Eagle Drive into a portion of a 28,000-square-foot building it bought and refurbished at 1712 Topaz Dr., off U.S. 34/East Eisenhower Boulevard. The move brought all its partners and employees into the same space.
“It’s been a lot easier to work and collaborate," Holsapple said. "We have space, privacy and a conference facility where we can collaborate; that’s so important for our business. We are still a Loveland-based company, but clearly a regional player in the marketplace, and this move signifies that evolution.”
Holsapple and Marostica created Loveland Commercial in 1996 after they purchased Moore Commercial and eventually changed the name. A year later, they brought on Blaine Rappe. Klein joined the company in 2004.
Klein and Rappe bought Marostica's interest in the company in 2012, when he retired, although he remains a major investor.
The firm now has three additional partners: Wayne Lewis, Nick Galluzzo and Rollin Goering.
LC Real Estate Group has several projects underway in Fort Collins including development of the King Soopers-anchored North College Marketplace, Storybrook residential development and an upcoming project in Spring Creek.
Holsapple and Marostica donated $1.5 million in 2004 to create the Loveland Commercial Endowed Chair at the Everitt Real Estate Center at Colorado State University, where Holsapple has served intermittently as executive director and taught for 20 years.
"It's a new era for LC Real Estate Group," Holsapple said. "I'm really excited for the future."
