Prices Rise for Apartment Buildings, But Fewer Properties Sell
10.4.17 Apartment Investors, Multifamily Brokers Denver, Multifamily Real EstateInvestors continue to buy fewer apartment properties than they did last year. Yet prices continue to rise. “It’s another down month for volume, but prices are still increasing,” says James Costello, senior vice president for Real Capital Analytics ...
Commercial real estate’s hot streak to continue in metro Denver, brokers say
10.3.17 Colorado Commercial Real Estate, Colorado Commercial Real Estate Symposium, James Mansfield, State of Colorado Real Estate MarketMetro Denver’s commercial real estate market has continued its rise through 2017 and is on track to continue its hot streak through the rest of the year and into the next. That’s according to a panel of brokers convened at the Denver Metro ...
Denver developer to start work on $200 million downtown project
9.29.17 Commercial Real Estate Denver, Downtown Denver Mixed-Use, Mixed-Use DevelopmentDenver-based Continuum Partners will start demolition this week to make way for a mixed-use development at 16th and Market streets on the site of a former RTD bus terminal. Continuum purchased the property at the end of 2015 with plans to develop $200 ...
If approved by the city, this proposed 90-story structure would be the tallest building in Denver
9.28.17 Colorado's Tallest Building, Denver Skyscraper, Downtown Denver DevelopmentA Manhattan developer plans to bring a mammoth skyscraper to downtown Denver, a monumental structure that would not only stand as the city’s tallest building, but dwarf its closest competition. But that project will have to make its way through the city’s ...
The Top 10 Metros for Multifamily Permits
9.20.17 Multifamily Brokers Denver, Multifamily Development, Multifamily PermitsThis year, there will be about 360,000 multifamily units delivered to the market—a 2.8 percent increase in stock, according to the spring multifamily outlook report from research firm Yardi Matrix. In the first quarter, the national apartment vacancy rate ...
Affordable Housing Developers Face New Challenges
9.19.17 Affordable Housing Developers, Affordable Housing Funding, Apartment DevelopmentAffordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger every year. “We believe affordable housing production, that is, the development or preservation of projects ...