Hunt Mortgage provides FHA mortgage for Wheat Ridge project
8.3.18 Apartment Brokers Wheat Ridge, Colorado Multifamily Investors, Multifamily Brokers, Wheat Ridge MultifamilyHunt Mortgage Group provided a $36.55 million FHA mortgage to finance the construction of a project expected to be a catalyst for further redevelopment in Wheat Ridge. The loan was provided for the construction of West End 38 Apartments, a mixed-use project on ...
Pinnacle Real Estate Brokers $6.8M Sale of Multifamily Building in Denver
7.2.18 Kevin Calame, Multifamily Brokers, Multifamily Building Sale DenverPinnacle Real Estate Advisors has arranged the sale of Observatory Park, an apartment building located at 2035 S. Josephine St. in Denver. Old Faithful Properties sold the property to Michael Blackman for $6.8 million, or $316 per square foot. The ...
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 ...
Study: Here’s what Denver workers must earn to afford a 2-bedroom apartment
6.19.18 Apartment Building for Sale, Denver Apartment News, Multifamily Brokers, Multifamily Investing DenverA new report from the National Low Income Housing Coalition drives home the stark reality that minimum wage workers face: Affordable housing, both in Colorado and across the nation, often remains “out of reach.” That’s the theme for the ...
Economist: Fed rate increase doesn’t matter to housing market
6.14.18 Federal Reserve Rates, Housing Market, Multifamily Brokers, Multifamily Investing, Rate HikesThe Federal Reserve will determine if it will raise the federal funds rate in its June meeting, which will be announced Wednesday afternoon. The majority of experts believe this will be the second of three or even four rate hikes in 2017, although some ...