Calibrate Real Estate published it’s 2018Q4 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
After six years of steady growth, in 2018 the Central Denver apartment market flattened out. Nearly 1,000 units were sold in 34 transactions, and the average price per unit was $182,938, a slight decrease from 2017’s average of $185,316.
Calibrate Real Estate published it’s 2018Q3 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
As market influences, our clients often ask us, “where is the market heading?” That question stems from a concern that the next recession will occur soon. The Denver apartment market’s expansion phase has lasted for 7 years resulting in amazing appreciation for multifamily owners.
In April 2016, our clients purchased a Capitol Hill building by putting 25% down, and financing 75% of the purchase price with a loan at 3.55% annual interest, fixed for 5 years. Oh those were the days!
Collaboration leads to exponential success in any business. Helen Keller famously said, “Alone we can do so little; together we can do so much.” It is with great pride and excitement that we officially announce the formation of the Johnson Piretti Team at Calibrate Real Estate.
Calibrate Real Estate published it’s 2018Q2 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
We all have special people that come into our lives, and most of us have been around long enough to be faced with attending that person’s funeral ceremony. Saying goodbye. It is never easy, and everyone handles grief in their own way.
Encouraging news was published in late July within the Apartment Association of Metro Denver’s 2nd Quarter Vacancy & Rent Report. Drilling down further to the figures reported for buildings with less than 50 units (essentially removing the new construction) provides a clearer picture of how existing buildings are performing.
Calibrate Real Estate published it’s 2018Q1 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.