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

The apartment investment and management company paid $99.2 million, according to public records, for the property at 4380 S. Monaco St.

Adams County Address or Location: 8300 Sheridan Blvd., Westminster, “Sunset Ridge Townhomes” Improvements: 280-unit apartment with 297,500 rentable sf, YOC 1972, 140 two-bedroom units @ 959 sf & 140 three-bedroom units @ 1,166 sf plus 450 sf basement area, 80% interior renovations over last two years, Land Size: 15.22 acres Density: 18.4 units per acre Date of…

Arapahoe County Address or Location: 17036 E. Ohio Ave., Aurora, “Arterra Place Apartments” Improvements: 200-unit apartment community with 191,004 sf, YOC 2014 Land Size: 9.748 acres Date of Recording: 11/02 Reception No: D7126940 Price: $49.25M, or $246,250 per unit, or $257.85 psf Grantor: Santa Ana Court Partners LLC, Borregas Partners, Wolfe Road LLC Grantee: Aurora…

Broomfield County Address or Location: 8000 Uptown Ave., Broomfield Improvements: 360-unit apartment community with 328,628 sf, YOC 2015 Land Size: 13.701 acres Date of Recording: 10/27 Reception No. 2017013468 Price: $95M, or $263,889 per unit, or $289.08 psf Grantor: Residences at Dry Creek Valley LLC, Scottsdale, AZ, c/o The Wolff Co Grantee: Broomfield Multifamily DST…

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,

A private; residential real estate development and investment firm picked up a Denver apartment community at a price of $44.9 million.

Arapahoe County Property Location: SWC East Iliff Ave. & Blackhawk St., Aurora Property Description: Vacant land planned for 320 apartment units plus 12,415-sf retail building and two four-story buildings containing 329,800 sf Land Size: 5.24 acres Sales Price: $3.9M, or $17.09 psf, or $12,188 per buildable unit Reception No.: D7122896 Closing Date: 11/1 Grantor: Fashion…

The real estate investment company paid $252,101 per unit for the Oxford Station Apartments,

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.