Apartment Market

By October 5, 2016 Read More →

Denver’s apartment rent growth continues to slow

The brakes are being put on Denver’s apartment rent growth as new apartments come on line. According to California property management software company Yardi Matrix, Denver’s year-over-year rent growth fell to 2 percent on a year-over-year basis in September, below the national average of 4.7 percent and well below the double-digit increases experienced in past […]

Posted in: Apartment Market
By September 25, 2016 Read More →

Millennials will be renting for a lot longer

John W. Schoen, CNBC Real Estate. Rampell: Millennials aren’t buying homes, good for them  Tuesday, 23 Aug 2016 | 4:47 PM ET | 02:24. The U.S. housing market continues to move ahead, but a generation of homebuyers is being left behind. That’s the conclusion of an analysis of homeownership by John Burns, a real estate consultant and […]

Posted in: Apartment Market
By August 24, 2016 Read More →

Denver enjoys a new normal for absorption

Colorado Real Estate Journal. As construction continues for new apartments in Denver, apartment investors and developers continue to analyze apartment absorption. Many participants in the industry think there is a new normal and that averages for yearly absorption we have seen in the past are no longer applicable. As multifamily brokers, this is a topic […]

Posted in: Apartment Market
By July 13, 2016 Read More →

2 Denver apartment complexes sell for $144 million

Molly Armbrister, Reporter, Denver Business Journal. Two Denver apartment complexes, including one completed just last year across the street from Coors Field, have sold for a combined $144 million. Both complexes were developed by Alliance Residential, a Phoenix-based real estate company, and purchased by Simpson Housing, a local firm that last year sold a 1,206-unit apartment complex […]

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By June 10, 2016 Read More →

What do millennials desire above all else — and how does Denver rate?

Caitlin Hendee, Digital Producer / Social Engagement Manager, Denver Business Journal. What do millennials desire above all else? A thriving job market, even more so than affordable rent and home prices. And Denver, which in recent years has experienced a fast-growing economy, ranks No. 8 as a “perfect city” for that and other qualities millennials crave. That’s […]

Posted in: Apartment Market
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
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
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
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 […]

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 […]