A newly constructed apartment building adjacent to the University of Denver recently sold at a price topping $405,000 per unit. Highlands REIT recently paid $48.7 million, or $405,833 per unit, for the 120-unit apartment community at 2770 S. University Blvd. in Denver. “It is a high-profile location that is going to be pretty strong forever,”…

Adapt or die. It’s as true of real estate development as it is in nature. That phrase has been repeated in various forms by authors, researchers, business coaches and, let’s not forget,

Los Angeles-based real estate investment and asset management firm Gelt Inc. grew its Denver holdings with its purchase of a niche product in the market. Gelt paid $61 million for Timber Lodge, a 390-unit, value-add, affordable apartment community at 1769 Coronado Parkway in Thornton. “With the market unable to add new units that can charge…

“I am not sure there is any greater impact on a community and on personal lives than taking a blighted, contaminated, vacant, unattractive building and turning it into a vibrant, beautiful space

Denver continues to be a premier destination for job seekers in this growth cycle, but net migration and total employment growth is decelerating from their peaks set earlier in the cycle.

While the Denver skyline continues to be filled with cranes, owners and managers of multifamily properties have found themselves in a virtual arms race to provide the latest and greatest

The apartment industry and its residents contribute $39 billion annually to Denver’s economy, $60.9 billion to Colorado’s and more than $3.4 trillion – or $9.3 billion daily – to the national

The Westwood Green apartment community in Lakewood sold for a reported $83.1 million. Bel Westwood LLC purchased the 300-unit community from Covington Realty Partners, according to public records. Located at 7410 W. Warren Circle, the three-story community, constructed in 2018, was around 90% occupied at the time of sale. It features a mix of one-,…

In the past 10 years, we have seen a substantial shift in housing trends, specifically household’s increased preference to rent and decreased feasibility to own. On a national level, the steadily

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