Denver-Area Apartment Market Dealing With Crush of New Units
9.26.18 Apartment Buildings for Sale Denver, Apartment Investment Properties Denver, Denver Multifamily Market, Multifamily Brokers DenverCould Denver’s rapidly developing multifamily market be heading for trouble? Some local experts think so. Amid a crowd of new apartment deliveries, concentrated in downtown Denver and other close-in neighborhoods, multifamily executives and brokers said ...
Denver at Risk of Oversupply of Multifamily Properties in Coming Years
7.5.18 Apartment Buildings for Sale, Denver Multifamily Market, Multifamily InvestingA new report by Yardi® Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets, including Denver. Yardi Matrix conducted a study to determine which areas might be at risk of oversupply or undersupply over the next ...
Denver apartment rents still a bargain compared to most surrounding suburbs, report says
5.1.18 Denver Apartment Rents, Denver Multifamily Market, Denver Suburb Apartment RentsApartments in Cherry Creek and Downtown come with hefty lease rates, but on the whole Denver represents a better bargain for renters than suburbs like Parker, Castle Rock, Thornton, Littleton, etc. Click Here to Read More – The Denver Post
Apartment rent growth may have slowed compared to its pace earlier in the cycle, but renter demand is very nearly off the charts. RealPage Inc. on Thursday reported demand for 175,645 apartments across the US in the second quarter, a one-third increase year ...
How deep is the demand for high-end apartments?
6.12.17 Denver Apartment Demand, Denver Multifamily Market, Multifamily Real Estate DenverOne of the hallmarks of the current development boom has been the degree to which it has been focused almost exclusively on high-end apartments. Proponents say it represents a change in our housing preferences, with more and more higher-income households ...
New apartment construction drives up metro Denver rents in 1st quarter
4.24.17 Apartment Construction Denver, Denver Multifamily Market, Denver RentThe average rental rate for an apartment in metro Denver increased to $1,382 per month in the first quarter of 2017, up 5 percent from the same period of 2016, when rents averaged $1,315, according to the Apartment Association of Metro Denver. The vacancy rate ...