• MCA Banner Ad 4 728 x 90
  • Digital - This Space Available
  • United Properties Amira Digial Ad
  • Coan Payton & Payne July 2024 Banner
  • Advanced Exercise 2022 Banner 728 x 90
Archer Tower

Airbnb: The $31 billion gorilla in the room

Revenue generated by the sharing economy totaled $15 billion in 2014, a figure expected to grow to $335 billion by 2025, propelled by exponential growth of Uber and that $31 billion gorilla in the room – Airbnb.

CREJ

November 13, 2017
Life insurance

Life insurance cos. way to go for MF loans, Keepper says

Life insurance companies increasingly are a better option than Fannie Mae or Freddie Mac for investors buying apartment buildings, according to veteran mortgage banker Peter Keepper. Freddie and Fannie, known as government sponsored enterprises, or GSEs, have been the single biggest lenders for multifamily acquisitions in Denver and across the U.S. in recent years. Keepper…

Kris Oppermann Stern

November 13, 2017
absorption

Absorption for apartments strong

Absorption. The late George Wallace, founder of the Denver Tech Center, told me in the 1980s that the absorption rate was the single most important metric for measuring the health of a real estate market. That was an era when Denver’s economy was being hammered by a drop in oil prices and changes in tax…

Kris Oppermann Stern

November 8, 2017
Floor plan

Floor plans forte for Weinstein

Floor plans may not have the appeal of flashy apartment amenities such as top-of-the-line fitness centers, dog washing stations, bike maintenance shops and business centers. But to retired architect Mervin F. Weinstein, a good floor plan can pay huge dividends for the owner of apartment and condo buildings. In one case, Weinstein estimates the owner…

Kris Oppermann Stern

November 6, 2017

HFF arranges $11 million apt. loan

The HFF team worked on behalf of a partnership between Element Properties and Signature Partners to place the 10-year, fixed-rate loan with Freddie Mac for 2121 Canyon, a 60-unit midrise property.

Jolene Wollett

November 5, 2017

Partnership pays $121.6M for Parkhouse

Starlight Investments, a Toronto-based privately held, full-service real estate investment and asset management company, with Canadian pension funds Public Sector Pension Investment Board and Alberta Investment Management Corp., purchased the 465-unit community at 14310 Grant St.

Jolene Wollett

October 30, 2017

Greenwood Park apartments sell

The buyers purchased the 291-unit Greenwood Park property in a value-added play.

Jolene Wollett

October 29, 2017
Bruteig

Bruteig brings ‘cold, hard facts’ to CREJ conference

Bruteig’s bully pulpit. Cary Bruteig, the go-to apartment authority for everyone in the multifamily business, book-ended the half-day multifamily conference last week that drew about 500 brokers, lenders, developers and others on the ground floor of the Front Range apartment market. Bruteig not only provided a detailed analysis of where the Denver-area and Front Range…

Kris Oppermann Stern

October 25, 2017
Atrium Suites

Apartment sale sets off chain of Northern Colorado transactions

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

October 23, 2017

AMLI invests in RiNo with $89.25M buy

Argyle Residential sold the River North property, renamed AMLI Denargo Market, which is situated within the Denargo Planned Unit Development.

Jolene Wollett

October 16, 2017