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 ...
Here’s how Denver hopes to ferret out unlicensed short-term rentals
7.4.18 Denver Multifamily Investors, Denver Short-Term Rentals, Multifamily NewsEric Escudero, director of communications for Denver’s Department of Excise and Licenses, said short-term rental licensing enforcement is a top priority for Denver. “One of the main reasons for enforcing these rules in Denver is this is part of the ...
Why Denver’s evolving retail scene has ‘no end in sight’
7.3.18 Denver Retail Properties for Sale, Retail Brokers Denver, Retail Investment Market Denver, State of the Denver Retail MarketWhen it comes to retail, Denver is leading the pack. The city’s post-recession retail market has outperformed the similar peer cities of Seattle, Austin, San Diego, Phoenix and Las Vegas, according to recent CBREresearch. “In a nutshell, Denver is ...
Pinnacle Real Estate Brokers $6.8M Sale of Multifamily Building in Denver
7.2.18 Kevin Calame, Multifamily Brokers, Multifamily Building Sale DenverPinnacle Real Estate Advisors has arranged the sale of Observatory Park, an apartment building located at 2035 S. Josephine St. in Denver. Old Faithful Properties sold the property to Michael Blackman for $6.8 million, or $316 per square foot. The ...