Colorado Job Growth Quickens, Surprising Economists
7.11.18 Colorado Economy, Colorado Job Growth, Colorado Unemployment RateColorado has the fifth lowest unemployment rate in the nation. May saw just 2.8 percent of the workforce without a job. Economists say that’s basically full employment, and it should make it difficult for companies to find talent. Surprisingly, that ...
Amenities alone won’t guarantee tenant retention
7.10.18 Denver Tenant Representation, Office Amenities, Office Brokers DenverAs Yogi Berra said, “The future ain’t what it used to be.” In the competition to attract tenants, commercial real estate owners constantly are reaching for what’s next in building amenities and space activation. What’s hip? What’s cool? What’s ...
Demand Rises for Furnished Rental Apartments
7.9.18 Apartment Amenities, Furnished Apartments, Multifamily InvestorsDevon Patterson’s furnished apartment in a luxury Manhattan building came with mid-20th-century furniture, champagne flutes and a cocktail mixer along with dishes, sheets, towels and cable television. Click Here to Read More – The Wall Street Journal
Done Deals: Tracking recent moves in Denver’s commercial real estate hotbed
7.6.18 Commercial Real Estate, Denver Commercial Real Estate Brokers, Multifamily Building Sale DenverGreat real estate deals happen in the Denver area every week, but it’s impossible to write stories about each one. Still, as the city continues its growth and reputation as a real estate hotbed, those sales, leases and refinancings are an important ...
Report: You need to make more than $87,000 a year to afford the median Denver home
7.6.18 Commercial Real Estate Brokers Denver, Commercial Real Estate Denver, Denver Housing MarketIt’s no secret that Denver’s housing market is expensive and only getting worse and a new report paints a pretty ugly picture of what it takes to afford the typical home here. Mortgage information site HSH.com looked at how much income it takes to ...
Denver at Risk of Oversupply of Multifamily Properties in Coming Years
7.5.18 Apartment Buildings for Sale, Denver Multifamily Market, Multifamily InvestingA new report by Yardi® Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets, including Denver. Yardi Matrix conducted a study to determine which areas might be at risk of oversupply or undersupply over the next ...