Construction costs not diminishing profits, for now
A persistent gripe in developer circles is the constant upward movement of construction costs. This has been a substantial brake on the fast-moving train of new construction within the Denver market. Steadily rising
CREJ
November 13, 2017Is entry-level housing a thing of the past?
Accessibility to entry-level housing in metro Denver is limited as product is scarce and construction costs soar. Prices for labor and materials are on the rise – contributing to the
Andy Hellman
August 15, 2017City must preserve existing affordable housing
Dozens of cranes in the Denver skyline are an encouraging sign for many residents that the city’s economy is booming. New buildings populated with bright, modern apartments and
CREJ
August 14, 2017How do Denver wages compare to Denver rents?
As a Denver native, I know firsthand how much our city has changed. I used to live southeast of Parker and Arapahoe roads, which was pretty much in the middle of nowhere. The only retail at
CREJ
August 14, 2017Arapahoe & Douglas Counties Property Location: 1) 3535 S. Lafayette St., Englewood; 2) 9331 S. Colorado Blvd., Highlands Ranch; 9330 S. University Blvd., Highlands Ranch Property Description: 1) 22,074-sf, two-story medical building, YOC 2015, masonry; 2) 13,147-sf, two-story medical building, plus partially finished basement, YOC 2005; 3) 23,500-sf medical building, YOC 1997 (total 58,721 sf)…
John Winslow
July 13, 2017How deep is the demand for high-end apartments?
One of the hallmarks of the current development boom has been the degree to which it has been focused almost exclusively on high-end apartments. Proponents say it represents a change in our
CREJ
May 11, 2017Denver settles into the ‘new normal’ market
The Denver housing market’s consistent double-digit appreciation culminated in 2016 with increasingly low for-sale inventory (3,878 residential properties available at the end of February, the lowest monthly
CREJ
May 11, 2017How does present day activity compare to the past?
As the multifamily industry ponders how to meet the housing needs of millennials and baby boomers, Colorado is facing two very different demographic paths looking forward. How we recognize and react to the needs of these population groups will have a major effect on the
CREJ
February 23, 2017Springs market poised for further growth in 2017
The multifamily market in Colorado Springs finished strong in 2016, with total apartment sales over $550 million. With 2015’s total sales volume of $453 million and 2014’s $485 million, the total apartment sales volume for the last three years is approximately $1.5 billion
CREJ
February 21, 2017Multifamily market cools to steady, sustainable pace
Entering 2017, the rapid acceleration of Denver's multifamily market seems to be cooling. Yet, it’s not doom and gloom but, rather, a settling back onto familiar ground. Before diving into what experts around the industry are saying, here are some current statistics to keep in mind
Kris Oppermann Stern
February 10, 2017