Construction Loans Not Hard To Find for Multifamily Projects
12.19.17 Multifamily Construction Loans, Multifamily DevelopmentApartment developers can still get the money they need to build new apartment projects from banks and other lenders. Though the terms are getting tougher, banks continue to put more money into apartment construction. “While banks may have eased off the ...
The Top 10 Metros for Multifamily Permits
9.20.17 Multifamily Brokers Denver, Multifamily Development, Multifamily PermitsThis year, there will be about 360,000 multifamily units delivered to the market—a 2.8 percent increase in stock, according to the spring multifamily outlook report from research firm Yardi Matrix. In the first quarter, the national apartment vacancy rate ...
Developers ramp up Lowry apartment project with $9M property buy
5.16.17 Commercial Real Estate Denver, Lowry Apartment Project, Multifamily DevelopmentAfter building in Englewood, Wheat Ridge and Aurora, a San Antonio developer is one step closer to pulling off a long-planned encore in Lowry. Embrey Partners used the name Encore at Boulevard One in an $8.85 million deal to buy 5.2 acres at Quebec Street and ...
Townhomes in works for Sunnyside office complex
12.26.16 Commercial Real Estate Denver, Multifamily Development, Sunnyside DevelopmentDeveloper Ben Maxwell wants to park 40 new homes on a Sunnyside block and find some additional tenants for an existing office building. Maxwell, who works at HM Capital, plans to build townhomes and duplexes around the Catholic Charities building at 4045 Pecos ...