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 ...
Local buyer pays $2.3 million for leasehold interest
7.30.18 Boulder Retail Leasehold Interest, Edwards Ethington Team, Retail Brokers BoulderA leasehold interest in a Boulder retail center sold to a Boulder County investor for $2.3 million. The lease comprises the land under a 19,997-square-foot retail center that is shadow anchored by Safeway. The property is located at 3325 28thSt., at the corner ...
U.S. Commercial Property Values Surge in Niche Sectors
7.27.18 Commercial Real Estate, Industrial Brokers Denver, US Commercial Property ValuesStudent housing, manufactured homes and industrial property were the top performing commercial real-estate sectors in the past 12 months, according to new data from Green Street Advisors. These three sectors outperformed the broader commercial property market, ...
Fed’s Powell Says Gradual Rate Hikes Are the Best Path ‘For Now’
7.25.18 Economy, Federal Interest Rate, Interest Rate HikesFederal Reserve Chairman Jerome Powell said the central bank will continue to gradually raise interest rates “for now’’ to keep inflation near target amid a strong U.S. labor market. The Federal Open Market Committee, the Fed panel that sets interest ...
Large RiNo development to break ground next week
7.23.18 Denver Brokers, Lot Twenty Eight, RiNo Construction, RiNo DevelopmentConstruction will start next week on Lot Twenty Eight, a large mixed-use project in RiNo led by locally based developer Formativ. Located at 28th and Blake, part of the adaptive reuse project will transform at 45,000-square-foot warehouse into a development ...