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Tax sheets

Real estate investors will benefit from new tax law

As most investors already know, there are no new restrictions on 1031 exchanges, which is certainly beneficial to all real estate investors. We have selected a couple other changes to discuss below that also are favorable and

CREJ

February 26, 2018

Why we’re investing in smart technologies for our assets

The use of smart technology is no longer confined to homeowners looking to control temperature or lighting via their smartphones. It has become an essential tool for multifamily property managers and owners who want to offer

CREJ

February 25, 2018

MPQ to feature new Affordable Housing Spotlight

Poorhouses, also known as poor farms, for paupers were created in Victorian England as the first publicly financed housing. The system came to the United States in the early 19th century as workhouses. Since then, housing for

CREJ

February 22, 2018

Chicago investor saddles up for $72.5 million apartment deal

Arapahoe County Property Location: 22959 Smoky Hill Road, Aurora, “Advenir at Saddle Rock Apts.” Property Description: 320-unit, three-story apartment with 345,368 sf rentable, YOC 1987, frame Land Size: 23.13 acres Sales Price: $72.5M, or $226,563 per door, or $209.92 psf Reception No.: D8007969 Density: 24.68 D/U per acre Closing Date: 2/7 Grantor: Advenir@Saddle Rock LLC,…

John Winslow

February 20, 2018

Are boom times leaving quality design behind?

Three years ago, Denver architect Jeff Sheppard dropped a bomb on our civic ego in a Denver Post op-ed titled, "Denver is a great city, so why the bad buildings?" He noted that while the city is "infilling" at a record pace and

CREJ

February 19, 2018

Value-add market continues its competitive pace

Value-add properties are as in demand as ever, making the market a reliably competitive asset class for multifamily investors across Colorado. In general, a value-add opportunity represents a multifamily asset in which a new

Kris Oppermann Stern

February 19, 2018
Caliber at Flatirons

Developer avoids ruffling feathers with residential-style apts.

A new apartment community on the U.S. Highway 36 corridor will feel a lot like a single-family neighborhood, and its developer is taking steps to ensure it’s a good neighbor – particularly to one specific resident. The Garrett Cos. will break ground in the second quarter on Caliber at Flatirons, a 288-unit community on approximately…

Kris Oppermann Stern

February 18, 2018

Juanita Nolasco Apts. sell for $31.25M

The real estate advisers group of Greystone Real Estate Advisors Inc., a real estate lending, investment and advisory company, closed on the sale of the Juanita Nolasco Apartments at 4550 W. Ninth Ave.

Jolene Wollett

February 18, 2018

Tracking Denver’s apartment concessions activity

While outsized rent hikes and affordability concerns have dominated the headlines in Denver's apartment market in recent years, our robust apartment data set reveals that the environment has become materially more favorable to

CREJ

February 18, 2018

Apartments within 2 miles of one another yield $106.76M

Adams County 1. Property Location: 101 E. 88th, Thornton Property Description: 322-unit apartment complex, 248,883 sf NRA, YOC 1973, brick and frame construction Land Size: 12.13 acres Seller: Ashford East 88 LLC 400 Galleria Pkwy. E., Ste 400, Atlanta, GA, The Radco Cos., Leslie Thaxton, regional manager – Colorado, 770-272-9330 Buyer: Thornton Multifamily LLC c/o…

John Winslow

February 16, 2018