New wood-frame codes allow for more flexibility

From the construction of tenements in the 1800s to the high-rise steel and concrete luxury residential towers built today, for-rent housing has come a long way. But one constant is the use of wood to build rental housing. Over the years, architects and engineers have pushed the limits of what wood can do, and the adoption of the 2015 International Building Code allows this to continue.

CREJ

January 26, 2016
infographic in-state vs. out-of-state buyers

Out-of-state buyers show affinity for Colorado

Purchasing an apartment building in Colorado has proven to be challenging due to the growing number of buyers lining up to acquire a limited number of available properties. For certain assets, it is not uncommon to receive upward of 20 offers.

CREJ

January 25, 2016
Rent trends chart

Pre-1990 construction cap rates closing the gap

The vitality and distinctiveness of the Denver economy are driving new businesses and households to relocate to the metro, propelling apartment demand at a rate greater than supply growth. Drawn by the strong job market and high quality of life, new residents boosted population growth in the last year to more than double the national average.

CREJ

January 25, 2016