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Apartment Realty Advisors announced the sale of Crestmoor Downs, a 710-unit property at 240 South Monaco Parkway, for $86 million. Crestmoor Downs Co. of Denver sold the property to Berkshire Property Advisors of Boston.

AspenBio Pharma Inc., a Castle Rock-based biopharmaceutical company, announced that its application to list its common stock on the Nasdaq Capital Markets Stock Exchange has been approved. The company expects trading to begin Tuesday under the symbol “APPY.”

Durango-based Rocky Mountain Chocolate Factory Inc. declared a second-quarter cash dividend of 9.5 cents per common share, payable Sept. 14 to shareholders of record Sept. 4.

CableLabs of Louisville and the Digital Transmission Licensing Administrator LLC announced CableLabs’ approval of the DTCP-IP technology for protection of cable content using Internet Protocol for digital cable products.

Denver-based Axxa will unveil its line of baseball caps at the Magic trade show next week in Las Vegas.

Great-West Healthcare, a Greenwood Village-based national employee-benefits provider, announced it has signed a contract with Cleveland Clinic in Florida that adds its multispecialty group practice and the 150-bed acute-care hospital to the Great-West Healthcare network.

Westmoreland Coal Co. announced it closed the sale of its power-operation and -maintenance businesses to North American Energy Services.

National furniture retailer Sofa Mart and Furniture Row Outlet, retail brands of Furniture Row Cos., will donate $20 for every sofa sold between Wednesday and Sept. 12 to benefit World Vision’s program to assist homeless children in Mexico City.

The National Renewable Energy Laboratory in Golden is collecting and analyzing maintenance, fuel-economy and other vehicle-performance data from 50 UPS hybrid-diesel delivery vans powered by an Eaton Corp. propulsion system.

The NREL is performing a 12-month evaluation of these vans at UPS locations in Dallas and Phoenix.

V2K Window Décor and More relocated its corporate headquarters from downtown Denver to 13949 W. Colfax Ave. in Lakewood.

Xcel Energy announced a new software application to manage renewable-energy credits for compliance or trading purposes. The system will track RECs throughout the company’s eight-state service territory and compile them in a comprehensive database.

Crown West Realty LLC of Denver recently purchased One Cherry Center at 501 S. Cherry St. in Glendale for $17.4 million. The 11-story, 155,717-square-foot Class A office building was purchased from CMC Realty Investment Fund III.

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