Denver’s a bigger ‘boomtown’ than Seattle or Dallas, says new report
8.14.18 Commercial Real Estate Brokers Denver, Denver Commercial Real Estate Investing, Denver EconomyDenver’s the nation’s No. 6 ‘boomtown,” ranking ahead of such “booming” cities such as Dallas and Seattle. To come up with its list of 100 cities, credit-card website MagnifyMoney said it used “data from the U.S. ...
Denver Metro Rental Market to See 15K New Apartments in 2018
8.10.18 Apartment Market Denver, Denver Metro Rental Market, Denver Multifamily InvestingDespite the fact that new data from Yardi reveals that apartment construction is slowing down in 2018, Denver’s multifamily deliveries are projected to increase by 150 percent over last year. Unlike in much of the nation, Denver’s multifamily market is ...
Demographic Trends and Limited Supply Combine to Produce Metro-Topping Rent Gains in North Denver
8.9.18 Denver Multifamily Brokers, Multifamily Investment Trends Denver, North Denver Rent TrendsStrong demographics and limited supply are usually a good recipe for outsized rent gains. And that formula is exactly what appears to be playing out in metro Denver’s northern suburbs. Broomfield, Northeast Adams County, Northwest Adams County and North ...
The Multifamily Development Cycle Finally Peaked Last Year
8.6.18 Apartment Building for Sale Denver, Colorado Multifamily Brokers, Multifamily Development Cycle, State of the Multifamily MarketAfter a prolonged growth period following the Great Recession, the multifamily development cycle may finally be nearing its end. This year is projected to be the first since 2011 in which fewer apartments will deliver than in the year before, according to ...
Hunt Mortgage provides FHA mortgage for Wheat Ridge project
8.3.18 Apartment Brokers Wheat Ridge, Colorado Multifamily Investors, Multifamily Brokers, Wheat Ridge MultifamilyHunt Mortgage Group provided a $36.55 million FHA mortgage to finance the construction of a project expected to be a catalyst for further redevelopment in Wheat Ridge. The loan was provided for the construction of West End 38 Apartments, a mixed-use project on ...
The Seven Top Markets for Garden-Style Apartment Construction
8.1.18 Apartment Brokers Denver, Apartment Demand Nationwide, Denver Apartment Building For Sale, Suburban Apartment DevelopmentOn a national level, there continues to be a huge demand for apartments that an average worker can afford. But developers today don’t build that many inexpensive garden-style apartments relative to the need for them. That’s partly because many ...