Colorado unemployment rate dips below 3 percent
5.21.18 Colorado Department of Labor and Employment, Colorado Unemployment RateColorado’s unemployment rate slipped to 2.9 percent in April, breaking a seven-month run at 3 percent, according to a monthly update from the Colorado Department of Labor and Employment. Click Here to Read More – The Denver Post
Investor acquires Castle Rock retail center for $601 per sf
5.18.18 Castle Rock Brokers, Castle Rock Retail Investment Property, Net Leased Retail InvestmentA California-based investor purchased a Castle Rock retail property at a price of $601 per square foot. The buyer paid $5 million cash for the five-tenant net-leased property at 1341 New Beale St. The newly built 8,318-square-foot retail property is located in ...
Denver renters: More move here for location and plan to settle here
5.17.18 Denver Rental Market, Denver Renters, Multifamily Real Estate DenverMore Denver renters move here because of the city’s location and many plan to settle down and live here for the long term. That’s according to a new study by online apartment rental company Apartment List, which tracked whether renters were moving ...
Strong Fundamentals Support Denver Retail in Overcoming Increased Headwinds
5.16.18 Denver Retail Market, Retail Investment DenverDenver’s retail market is benefitting from healthy employment growth, rising incomes and fundamentally sound new developments. Employers in energy, telecom and IT are creating well-paying positions, leading to an increase in disposable income and a boost ...
Is Proximity to Mass Transit Becoming Less of a Draw for Apartment Renters?
5.15.18 Apartment Investing, Multifamily Brokers DenverApartment dwellers have traditionally been willing to pay a premium to live near mass transit stops in urban markets. But fueled by the proliferation of ride-sharing services, a rise in use of electric vehicles and other factors, that allure has begun to ...
Is It Time To Sell Your Apartment Investment?
5.11.18 Apartment Investors, Multifamily Brokers Denver, Multifamily InvestmentAs a multifamily real estate investor, you probably get calls from brokers all the time telling you now is the perfect time to sell. The reality is that there is no perfect time. Because there are numerous parameters, the decision to sell is beyond ...