Author Archive: Mountain Capital Group

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Denver’s rising RiNo neighborhood balances grit, growth
By February 16, 2015 Read More →

Denver’s rising RiNo neighborhood balances grit, growth

Molly Armbrister, Reporter-Denver Business Journal. Growing new neighborhoods in areas of aging buildings isn’t new in Denver. From LoDo to Lowry, the Mile High City has seen plenty of repurposing and reuse in recent decades. Revitalizing these areas brings promise as well as challenges, however. Often, these revitalized areas experience growing pains inherent to bridging the gap […]

Posted in: Denver
Average metro Denver apartment rents up 12%; vacancies down in most areas
By February 16, 2015 Read More →

Average metro Denver apartment rents up 12%; vacancies down in most areas

Molly Armbrister, Reporter-Denver Business Journal. Average apartment rents in Denver climbed again in the fourth quarter, increasing by 12 percent to $1,168 from $1,041 in the same quarter of 2013. Simultaneously, the apartment vacancy rate in the metro area dropped from 5.2 percent in the fourth quarter of 2013 to 4.7 percent at the end of […]

Posted in: Denver
Colorado among the top states for job growth and talent, but chaotic tax system poses ongoing challenges
By February 16, 2015 Read More →

Colorado among the top states for job growth and talent, but chaotic tax system poses ongoing challenges

Annual benchmark study analyzes factors related to economic growth and competitiveness The Metro Denver Economic Development Corporation (Metro Denver EDC) today released the 10thedition of Toward a More Competitive Colorado (TMCC), its annual benchmark study of Colorado’s strengths, challenges, and opportunities for job growth and economic expansion. The comprehensive study is researched by the Metro Denver EDC’s […]

Posted in: Denver
Vectra forecast: Colorado economy doing well, but changes ahead
By February 15, 2015 Read More →

Vectra forecast: Colorado economy doing well, but changes ahead

Heather Draper, Reporter-Denver Business Journal. Colorado’s economy has a lot going for it, but changing demographics, rising housing costs and quirky state budget laws could be a drag on the state’s success in coming years. Three Colorado experts on economic and demographic trends — Elizabeth Garner,Henry Sobanet and Patty Silverstein — discussed where the state’s economy is headed in the […]

The Rising Tide of Millennials and What It Might Mean for CRE
By February 15, 2015 Read More →

The Rising Tide of Millennials and What It Might Mean for CRE

By Dees Stribling, Contributing Editor. If you define “Millennials” as Americans currently between 18 and 35–those born between 1981 and 1997–then this is the year that the number of Millennials will exceed the number of Baby Boomers, which for this purpose are people born between 1946 and 1964. Those definitions and that calculation was done […]

Denver a top 10 destination for people relocating
By February 15, 2015 Read More →

Denver a top 10 destination for people relocating

Caitlin Hendee – Digital Producer / Social Engagement Manager-Denver Business Journal. Denver missed the mark as a top moving destination for another moving company’s ranking last year but managed to land in the top 10 in the Penske Truck Rental’s list of popular places to relocate. The Mile High City ranked No. 7 in Penske’s report of […]

Posted in: Denver, Latest
Denver is best commercial real estate market in U.S., says Coldwell Banker
By February 15, 2015 Read More →

Denver is best commercial real estate market in U.S., says Coldwell Banker

Denver’s a Mile High in one more way, according to the latest ranking by Coldwell Banker Commercial Affiliates. Every year, the commercial real estate arm of Coldwell Banker Real Estate LLC ranks the best markets in the country for commercial real estate, and this year Denver came out on top. The 2014 Coldwell Banker Commercial […]

Economy Watch: Why Smart Money’s on Multifamily
By February 15, 2015 Read More →

Economy Watch: Why Smart Money’s on Multifamily

By Dees Stribling, Contributing Editor, Multi-Housing News. For-rent multifamily is long past being the darling property type of the year for any particular year since the recession hit. It’s probably fair to say it’s the darling property type of the entire decade of the 2010s, and if the latest numbers on the industry are anything […]

Metro Denver unemployment rate 3.9% in December
By February 15, 2015 Read More →

Metro Denver unemployment rate 3.9% in December

Mark Harden News Director- Denver Business Journal. Metro Denver’s unadjusted unemployment rate stood at 3.9 percent in December, unchanged from November but well below the December 2013 rate of 5.7 percent, according to raw county jobs estimates Tuesday from the Colorado Department of Labor and Employment. The 3.9 percent unadjusted jobless rate is for a […]

Posted in: Denver, Latest
3 Wild Cards for the Apartment Market in 2015
By February 15, 2015 Read More →

3 Wild Cards for the Apartment Market in 2015

The future is indeed bright for the multifamily industry this year, but storm clouds can form at a moment’s notice. By Les Shaver After what some observers would call a rebound year in 2014 (while others characterize it as the continuation of a good run), 2015 looks to be yet another year of growth for […]