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The impact of mill levies on property value

Developers from out of state, namely Texas, where real estate taxes are much higher, typically are pleased to see how low taxes are in Colorado.

CREJ

August 21, 2019

Springs’ booming economy impacts apartment market

Colorado Springs rewrites the rulebook on millennial appeal, creating a reputation as a hot spot for young professionals seeking a higher quality of life.

CREJ

August 18, 2019

Are we there yet? Denver’s multifamily market

Denver (and most of the country) is coming up on 10 years of continued economic expansion.

CREJ

August 18, 2019

Housing crisis motivates innovative, new approaches

A recent report by ATTOM Data Solutions announced Denver as the worst county for home affordability in the United States, as a percentage of income necessary to afford a median-priced home relative to historic averages.

CREJ

August 18, 2019

Limited new homes will reverse affordable progress

The record-breaking amount of new apartment construction in the last several years has yielded exactly what economists would predict: Rent growth has fallen from double-digit highs earlier this decade to below the rate of inflation over the last 12 months.

CREJ

August 17, 2019

Affordable housing: Choosing a market analyst for your next project

A strong, well-supported market study prepared by a Colorado Housing and Finance Authority-approved analyst is one of the most critical aspects of all tax credit applications. The market study

CREJ

May 24, 2019

The multifamily market: Hype or the real deal?

Is Denver overbuilt, or are all of these new apartment communities making up for pent-up demand from the past 15 years? Why is multifamily so expensive, and when are cap rates going to adjust for a

CREJ

May 23, 2019

Designing residential in ‘destination neighborhoods’

Since the postwar area, a demographic tidal wave has pushed populations in urban areas to the highest levels in the country’s history. Four-fifths of Americans now live in cities. As cities grow and

CREJ

May 17, 2019

Small-balance loans bring big benefits to owners

On March 26, Gary Ghiselli closed on refinancing Forest Street, the 24-unit property he has owned for several years. Leveraging a rally in the U.S. Treasury rates, he locked in a 4.09 percent fixed rate for 12

CREJ

May 17, 2019

Affordable housing: Essential considerations to find the right architect

There are many guides on how to hire an architect with an inevitable “top 10” list of things such as fees (cost per unit vs. percentage fee); process (methodology and software); website

CREJ

May 16, 2019