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 ...
Denver industrial developments see higher rents, larger leased spaces in Q2
7.18.18 Denver Industrial Brokers, Industrial Market Denver, Industrial Property for Sale DenverDenver’s industrial market concluded its 33rd straight quarter of positive net absorption, according recent CBRE research. Almost 420,000 square feet was recorded. Notably, the overall average asking lease rate rose to $8.14 per square foot for a ...
More Real Estate Funds Aim to Preserve Affordable Housing, Boost Economic Development
7.17.18 Apartment Buildings for Sale Denver, Denver Multifamily Brokers, Social Impact Investment Funds, Value-Add Apartment InvestingThe flurry of value-add apartment investing in recent years has sparked a countermove by public and private entities that are pooling their capital and stepping in to slow the erosion of the country’s low-income housing stock. Added to that, new private ...
Fed Expects to Keep Raising Rates, Ending Years of Stimulus
7.16.18 Commercial Real Estate, Federal Interest Rate, Federal Reserve NewsFederal Reserve officials at their meeting last month signaled they could raise interest rates over the next year to a level that no longer seeks to spur growth, formally ending the long postcrisis chapter in which the central bank rewrote its policy playbook ...
Report: Denver among US cities with the fastest declining housing affordability
7.13.18 Denver Commercial Real Estate, Denver Economy, Housing Market DenverThe Denver metro area is among the likes of the San Francisco Bay Area and Seattle when it comes to home price appreciation outpacing income growth, according to a new report from Nationwide insurance. Nationwide’s “Health of Housing Markets” report ...
U.S. Retail Vacancy Rate Jumps on Toys ‘R’ Us Store Closings
7.12.18 Retail Brokers, Retail Landlord, Retail Vacancy RateKids across the country are feeling the absence of Toys “R” Us. Retail landlords, too. The amount of occupied retail real estate in 77 major U.S. metropolitan areas dropped by 3.8 million square feet (350,000 square meters) in the second quarter, the ...