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.

Koelbel and Co., in partnership with Mile High Development and Longs Peak Advisors, recently completed 8877 Eaton St., 118 affordable housing units in the Downtown Westminster redevelopment of the old Westminster Mall. OZ Architecture designed the project, which Milender White began building in January 2018. 

Construction has begun on Colorado’s first large-scale apartment community to break ground under the newly created opportunity zone program. Legacy Partners and Griffin Capital Co. recently closed on the 4.52-acre site at 1363 N. Victor St., where the development of Legacy at Fitz, a five-story, 363-unit community, is occurring. 

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

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

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.

Equity Residential continues to grow its metro Denver multifamily portfolio – most recently with its purchase of The Brodie, a 312-unit, newly built apartment complex in Westminster.

Scandic Capital LLC paid $291,071 per unit for the Caliber at Cornerstar, a 140-unit community completed last year at 15930 E. Briarwood Circle.

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 […]