From the Denver Business Journal: http://www.bizjournals.com/denver/news/2012/03/15/rents-rise-in-all-metro- denver-counties.html Rents Rise in all Metro Denver Counties Denver Business Journal by Dennis Huspeni, Reporter Date: Thursday, March 15, 2012, 1:04pm MDT Average rents for condos and single family homes rose year-over-year in every metro Denver County; according to a report on Thursday from the Colorado Division of Housing. [...]
THE MILLENNIAL GENERATION, born between 1981 and 2000, increasingly desires to live in and around the nation’s large cities. It is in these urban areas that millennials can take advantage of short commutes and compact communities close to a variety of cultural, social and convenient amenities, thus creating a stronger work-life balance. Research from a [...]
Apartment REITs Developing While the Market is Hot; Still Buying Harder-to-Find Deals; Selling Assets to Finance New Deals Overlooking the fact that the 20- to 34-year-old renters driving the robust apartment market are probably too young to remember the Beach Boys, apartment REIT Camden Property Trust played the surfer anthem on its pre-earnings conference call music to [...]
With the increasing popularity of multifamily properties as an investment class, some industry pros are beginning to question whether the sector might end up being overbuilt. So far during this real estate cycle, developers have been extremely conservative in delivering new product to the market. In 2011, less than 40,000 units came on line, the [...]
The US apartment sector powered through last summer’s economic doldrums to record strong absorption gains and higher occupancy rates. So says a 2012 National Apartment Report, which was released by Marcus & Millichap.
Courtesy of Hendricks and Partners Review 2011 Employment growth returned to the Denver Metro Area in 2011, with a net gain of nearly 7,200 jobs, equating to a 0.6% increase.
The entire article may be viewed at 2012 Apartment Market Outlook Webcast. Apartments Will Continue With Modest Growth November 10, 2011 By Natalie Dolce THOUGHT LEADER ENCINO, CA- On a recent apartment webcast, 57% of participants predict that renter demand will get stronger in 2012, while 2% says it will be weaker, with 40% saying it [...]
All the trends are heading in the right direction for multifamily. That was the consensus of panelists at RealShare Apartments 2011, where more than 1,400 top executives gathered to look at every facet of the multifamily market. Phyllis Klein, director of strategic customer relationships at Fannie Mae, and speaker during the first panel of the day, said [...]
The apartment market has hit high gear, fueled by strong demand and cheap debt, but some in the industry question if the sector might be going too fast for conditions. Those were some of the sentiments expressed by brokers, lenders, receivers and other panelists at Thursday’s RealShare Apartments 2011, which brought out more than 1,400 industry leaders [...]
Apartment building permits soared in the Denver area in the first half of the year, shows a report released today. The report by the Home Builders Association of Metro Denver showed that 520
