Private Investors Double Down on Net Lease Assets as Institutional Buyers Step Back
11.8.16 Net Lease Investment Sales, NNN Brokerage, Single Tenant Triple Net PropertiesPrivate investors turned more of their attention to single-tenant net lease assets this year, as institutional buyers pulled back from the property type due to the tightening in the capital markets in the early months of 2016. “Institutions are getting more ...
Commercial Multifamily Originations Up 2% from Last Year’s Pace
11.7.16 Multifamily Market, Multifamily Mortgage Loan OriginationsCommercial and multifamily mortgage loan originations for the first nine months of 2016 increased 2% compared to the same period last year, according to the Mortgage Bankers Association’s (MBA). Third quarter 2016 commercial and multifamily mortgage loan ...
A taco spot is closing in on one more Denver location. Uno Mas Taqueria will set up shop in the former Lime XS restaurant at the corner of Clarkson Street and Sixth Avenue. It will be the second location for the Mexican spot, which first opened on South ...
ULI Report Expects Augmented Reality to Have a Major Effect on CRE
11.3.16 Augmented Reality Commercial Real Estate, Commercial Real Estate Market, Commercial Real Estate TrendsIf, at this time last year, you predicted Pokémon would be a major topic in Urban Land Institute’s Emerging Trends in Real Estate 2017 report, you are hopefully quite wealthy today. Of the dozens of trends ULI identified in the major report released ...
Industrial property trades for $4 million
11.2.16 Commerce City Industrial Building Sale, Denver Industrial Real Estate, Nick SchillThe property sold on an in-place cap rate of 7.5%, with 15 tenants and 100% occupancy. The lease rate is $9.76 per square foot, modified gross, and expenses are $1.44 psf. Seller acquired this property in core and shell condition in February 2010 for $1.05M. ...
A big idea for a small site in Arapahoe Square
11.2.16 Billy Riesing, Denver Commercial Real Estate, Robert LawsonThe property had several offers the first day the property was listed and sold for $15,000 more than the asking price. “We have to be creative with great ideas for the highest and best use for a site,” said Robert Lawson, buyer’s representative in the ...