Pat Broe founded his namesake company in 1972 as a small asset management firm acquiring residential and small commercial properties in the metro Denver area. Over the course of four decades, Broe Real Estate Group has evolved into a diversified billion-dollar real estate investment company with investments spanning a wide range of property types across North America.
- 1972 - Pat Broe starts The Broe Group as a small asset management firm acquiring residential and small commercial properties in the metro Denver area.
- 1970's - Highly successful land assemblage operation in West Vail, CO (known today as Eagle Vail).
- 1980's - Primary focus turns to land assemblage in downtown Denver prior to building boom. Notable project was the orchestration of the development of Tabor Center a 700,000sf Class AA mixed-use project.
- 1986 - Broe purchases a railroad in northern Colorado from the bankrupt estate of a large industrial company as part of a larger portfolio of real estate assets. This would mark the first of many railroad acquisitions for Broe, who today owns one of the largest privately held railroad companies in North America, OmniTRAX.
- 1990's - Entry into Senior Housing by purchasing 1200+ units from bankrupt owner. (After continued growth, the platform was later sold for a significant gain.)
- 2000's - Creation of 1600 acres of rail-served industrial park; Colorado’s first of its kind. Also, drilled 150 producing oil/gas wells which served as the jump start to Great Western Oil & Gas which today is Colorado’s 7th largest producing oil company.
- 2004 - Purchase of InSite Medical Properties to own/operate medical properties across North America. (Broe/InSite would go on to acquire
3+ million square feet of medical office.)
- 2005 - Broe purchases the 290,000-acre Hubble ranch in New Mexico, catapulting him to the top 25 land owners in the United States.
- 2010 - Broe acquires nearly $400mm of distressed loans purchased directly from two different publicly traded banks.