Author Archive: Mountain Capital Group

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Median rents in metro Denver jump 13%

Median rents in metro Denver jump 13%

By Molly Armbrister, Reporter- Denver Business Journal. Median rents in the Denver metro area increased by 13 percent year-over-year in the first quarter, and average rents climbed 12 percent, according to the latest data from the Apartment Association of Metro Denver. The median rent for all sizes of units metro-wide hit $1,158 per month in the first […]

Posted in: Apartment Market
Record apartment rents: Catalyst to buy?

Record apartment rents: Catalyst to buy?

The overall average monthly apartment rent in the Denver area in the first quarter crossed $1,200 for the first time. The median monthly rent for all units also hit a record in the first quarter, according to the Denver Metro Area Apartment Vacancy and Rent Survey released on Tuesday. The average rent in the Denver […]

Posted in: Apartment Investing
Apartment market undergoes ‘sea change’

Apartment market undergoes ‘sea change’

Colorado Real Estate Journal. by John Rebchook. Cary Bruteig set the stage on the stage in front of the 700 or so real estate experts who attended the recent 2015 Multifamily Development & Industrial Conference & Expo, sponsored by the Colorado Real Estate Journal. Bruteig, principal of Apartment Appraisers & Consultants, showed slide after slide […]

Posted in: Apartment Market
Top 10 Best Cities for Post Grads

Top 10 Best Cities for Post Grads

April 3, 2015 |   Best Cities, Best Cities and Neighborhoods Where should you move after graduation? Take the quiz to find out! Spring is in the air, and for many college seniors this also means it’s graduation season! Aside from coordinating their cap and gown, college graduates are also faced with many major life […]

Posted in: Denver
Denver Climbs

Denver Climbs

Apartment Market at High Point. AXIOMetrics, Sophie Zatterstrom Gore, March 30, 2015. The Denver apartment market has enjoyed a strong recovery since the Great Recession ended, and is now stronger than it has ever Annual quarter-over-quarter effective rent growth in the Denver-Aurora Metropolitan Statistical Area (MSA) was 10.3% in 2014, the highest in at least […]

Posted in: Denver
Behind the List: How Denver grew as a software center

Behind the List: How Denver grew as a software center

Greg Avery, Reporter- Denver Business Journal.  Mike Gellman, founder and CEO of Denver’s SpireMedia, remembers when software coding in the area was a nerdy domain left largely to hobbyists. Groups of people would meet sometimes at hotel conference rooms in Aurora or Northglenn, but there wasn’t anything that could be considered an industry. That started changing […]

Posted in: Denver
Apartment Demand still soaring From Globe Street

Apartment Demand still soaring From Globe Street

As an indicator of how much demand exists for the product that’s available now, RentPath’s network of sites registered a 24% year-over-year increase in unique visitors during January, normally a slow month. Additionally, the Atlanta-based digital media company, whose sites include Apartment Guide, Rent.com and Rentals.com set a new one-day record for lead delivery earlier […]

Posted in: Apartment Market
Colorado’s a pilot region for Obama administration’s TechHire job-training push

Colorado’s a pilot region for Obama administration’s TechHire job-training push

Greg Avery, Reporter- Denver Business Journal. Colorado is among 21 regions chosen by the Obama administration as pilot areas for improving technology workforce development through public-private partnerships. The TechHire program, unveiled by the White House Monday, will work with a local coalition including the Colorado Technology Association, the Colorado Department of Labor & Employment, and […]

Posted in: Denver
DIA20: Denver airport transports Colorado business
By February 20, 2015 Read More →

DIA20: Denver airport transports Colorado business

Heather Draper, Reporter-Denver Business Journal. DaVita Healthcare Partners Inc., one of metro Denver’s largest employers, probably wouldn’t even be here if Denver International Airport hadn’t been built. The Fortune 500 kidney-care company moved its headquarters to Colorado from El Segundo, California, in 2009, after acquiring Lakewood-based Gambro Healthcare and its 520 dialysis centers in 2005 for more than $3 billion. […]

Posted in: Denver
Fourth annual strategic plan to strengthen Denver’s vibrant economy
By February 16, 2015 Read More →

Fourth annual strategic plan to strengthen Denver’s vibrant economy

Feb. 12, 2015. Mayor Michael B. Hancock and the Denver Office of Economic Development (OED) today released JumpStart 2015 to keep Denver’s vibrant economy firing on all cylinders, growing good jobs and creating opportunity for all Denver residents to succeed. Denver’s economy has added 36,000 new jobs and 2,200 new businesses since 2011. JumpStart 2015 […]

Posted in: Denver