Desire For Connection With Others Could Change Apartment Development
6.19.18 Apartment Development, Colorado Multifamily Investors, Multifamily Market DenverBMC Investments CEO Matt Joblon recognizes that he can’t predict the future, but one thing he knows for sure is that big changes will come to the multifamily housing market in the next 20 years. Joblon, who will be a panelist at the Bisnow Multifamily Annual ...
Downtown Littleton office building purchased
6.15.18 Littleton Office Building Sale, Office Broker Denver, Office Market DenverProperty Location: 5524 S. Prince St. Property Description: 4,239-sf office building, YOC 1905, wood frame const. Land Size: 12,502 sf Sales Price: $765,000, or $180.47 psf Reception No.: D8049495 Closing Date: 5/21 Grantor: Arapahoe Mental Health, Keith ...
Pinnacle Brokers $1.3M Sale of Office Property in Aurora, Colorado
6.15.18 Aurora Office Building Sale, Colorado Commercial Real Estate Brokers, Corey Sandberg, Jeff Johnson, Office Investment Property ColoradoPinnacle Real Estate Advisors has arranged the sale of an office property located at 651 Chambers Road in Aurora. A church acquired the property from Life Skills International for $1.3 million. Built in 1978, the property features 16,500 square feet of office ...
Unemployment rate down, wages up in Colorado for May
6.15.18 Colorado Department of Labor and Employment, Colorado Economy, Colorado Employment, Colorado Jobs Report, Colorado Unemployment RateColorado’s unemployment rate fell again in May, dropping slightly to 2.8 percent as non-farm companies added 7,700 jobs during the month. That puts the state a full percentage point below the national unemployment rate of 3.8 percent but slightly higher than ...
Economist: Fed rate increase doesn’t matter to housing market
6.14.18 Federal Reserve Rates, Housing Market, Multifamily Brokers, Multifamily Investing, Rate HikesThe Federal Reserve will determine if it will raise the federal funds rate in its June meeting, which will be announced Wednesday afternoon. The majority of experts believe this will be the second of three or even four rate hikes in 2017, although some ...
Fed decision: Federal Reserve hikes rates to range of 1.75% to 2%, ups forecast to 4 hikes in ’18
6.13.18 Commercial Real Estate Investors, Economy Update, Federal Reserve RatesThe economy is revving up, and so the Federal Reserve is stepping up its plan to move interest rates closer to normal. As anticipated, the Fed raised its benchmark short-term interest rate Wednesday but it also upgraded its forecast from a total of three hikes ...