Investment Sales Market for Multifamily Begins to Recover after a Pause
6.6.17 Denver Multifamily Brokers, Denver Multifamily Investing, Multifamily Investment SalesThe year isn’t turning out quite the way apartment experts expected it to just a few months ago. In January, it seemed like interest rates would begin an upward climb, which would push cap rates higher for investments in apartment properties. Instead, ...
Apt. Rents Maintain 13-Month Streak Of Slowing Growth
6.5.17 Apartment Rent Growth, Commercial Real Estate Denver, Denver Multifamily RentAlthough multifamily rents nationwide increased in May for the third month in a row, Yardi Matrix is continuing to chart a deceleration in the growth rate. Average US monthly rents rose $4 to $1,316, according to Yardi Matrix’s monthly survey of 121 markets. ...
Micro-apartments in converted hotel flip sides for $31M
6.2.17 Denver Apartment Market, Denver Multifamily, Multifamily Sale DenverOne of the first micro-apartment complexes in Denver has sold. Development firm Nichols Partnership last week sold its 179-unit Turntable Studios adjacent to Mile High Stadium for $31 million to an undisclosed buyer. Click Here to Read More – BusinessDen
Beyond Countertops: Which Multifamily Amenities Are Performing Best
6.1.17 Denver Multifamily, Denver Multifamily Brokers, Multifamily MarketBeer brewing rooms, skyline views and music studios have been added into multifamily properties during this development cycle, but not all amenities are quite so sexy. As multifamily trends like smaller units and the changing definition of value-add settle in, ...
Three Key Factors Shaping Post-Recession Denver Office Construction
5.25.17 Denver Office Brokers, Office Construction, Office Development DenverThe Denver office market has exploded over the last five to seven years, with 4M SF under construction in Q1 2017. The high levels of new construction have impacted tenant office improvements in the Mile High City. Costs have not only risen, but the time ...
Why So Much Private Equity Is Shifting To Multifamily
5.23.17 Colorado Multifamily Brokers, Multifamily Brokers Denver, Multifamily MarketPrivate-equity investors like the strong cash-on-cash that multifamily can provide as compared to hotels, retail and office properties, panelists at the IMN Multifamily Forum here told attendees Thursday. The session “Working With Institutional Capital” ...