Denver Now Requires Licenses for Multifamily Dwellings. Over 20,000 Landlords Still Haven’t Complied
1.11.23 Commercial Real Estate Denver, Denver Apartment Market, Multifamily Brokers DenverBeginning this year, Denver landlords must hold a license for any property they own with two or more units. But as of Jan. 3, thousands of rental properties still didn’t meet the new licensing requirements that went into effect Jan. 1. To obtain a license, ...
Denver renters are ‘demanding’ and want in-unit washers and dryers
6.28.18 Apartment Amenities, Denver Apartment Market, Denver Multifamily Investors, Multifamily BrokersDenver renters have been described as “demanding,” and the one feature they want — in-room laundry — is the hardest to find. That’s according to a new report from Apartment List, which indicated that 65 percent of Denver renters are ...
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
Apartment Vacancy Rate Stays Low, Surprising Researchers
12.10.16 Apartment Vacancy Rate, Commercial Real Estate Denver, Denver Apartment MarketExperts warned that hundreds of thousands of new apartments would open in 2016 and drive up the vacancy in the sector. But for most of this year, average vacancy rates stayed low. “The market has proved to be incredibly resilient,” says John Sebree, first ...
Southwest Denver apartment building commands $100K per door
12.7.16 Commercial Real Estate Denver, Denver Apartment Market, Multifamily Building Sale DenverThe property was an off-market deal as the seller was contacted by Pinnacle Real Estate Advisors. The seller was represented by Jeff Johnson & Matt Ritter, while Drew Goodman, 303-407-9785, J.B. Hochman, 303-962-9533, & Justin Brockman negotiated the ...
Denver falls on list of most expensive U.S. cities for renters
12.2.16 Denver Apartment Market, Denver RentDenver has fallen behind much smaller cities such as Madison, Wisconsin on a list of the country’s most expensive places to rent an apartment. Denver fell three spots to No. 24 nationally on the list compiled by San Francisco-based apartment rental site ...