Strong metrics keep sentiment cautiously optimistic

Overlook at Mile Hig

At the end of January, what felt like the entire multifamily industry in North America converged on the scene in San Diego for the National Multifamily Housing Council annual meeting. The week at NMHC


February 22, 2019

The changing buyer profile of retail properties

The parties at the closing table for retail properties in Colorado are drastically different today compared to the past. As Colorado’s economy continues to accelerate and its population continues to grow, investors


January 8, 2019

Private capital retail sector: What are we selling?

Private capital, multitenant retail investment offerings have never experienced such a wide range of valuations. Pick any metric; the statement will apply: cap rate, price per square foot, projected internal rate of return, etc.


January 8, 2019

Who says the Denver real estate bubble has to burst?

At first blush, Denver’s commercial real estate markets may appear to be due for a downturn, but a data-driven look at the market suggests otherwise. After breaking into the top 10 for the first time in 2016,


August 17, 2018

Midyear review: What to watch

As we move into the second half of the year, now is an opportune time to consider how multifamily has performed in the opening two quarters of 2018. The combined markets of Denver and Colorado Springs are


August 13, 2018

Cost of debt: Defining difference from past cycles

Exactly 10 years ago, the global capital markets were teetering on the edge of disaster when all of a sudden, the subprime bubble finally burst. In September 2008, the bottom fell out, claiming Lehman Brothers as its


June 18, 2018

Investors’ herd mentality is beginning to shift

The availability of capital for most retail centers is strong, despite all the negative headlines in the media in 2017 about retailers closing stores, filing bankruptcy due to overexpanding, and declining sales from online


February 12, 2018

Springs achieves highest rent growth in area

These are rare circumstances we’re experiencing in Colorado Springs – accelerating job growth, 7 percent apartment rent growth, 4 percent market vacancy and restrained apartment development. Colorado


November 27, 2017

Prolonged expansion supports calls for optimism

A mathematician, an accountant and an economist apply for the same job. The interviewer asks each of them, “What does one plus one equal?” The mathematician replies, “Two. Exactly two.” The accountant replies,


November 20, 2017