Meanwhile, apartment owners face their own crises. The mom-and-pop landlords who rent out older and often more affordable small complexes were less likely to receive federal aid in the form of forbearance for federally-backed mortgages. And only about one-third of smaller property owners have federal loans, said Bob Pinnegar, President and CEO of the National Apartment Association.
Denver Commercial Monthly Recap: At the end of last week, the Denver residents fighting to preserve the Carmen Court complex, at 900 E. 1st Ave., agreed to withdraw their application asking the city to designate the structure a landmark.
Denver Commercial Monthly Recap: The CDC’s order notably didn’t include financial help for landlords, forcing many to consider selling their properties as rents go unpaid. This could ultimately cause an even greater loss of affordable housing.
The mission of Calibrate Real Estate is: “we exist to help people create generational wealth through real estate.” We believe that is our calling, our responsibility! At the core of our mission, we work with families. The Schober family is our most recent example of how we love serving at Calibrate Real Estate.
Denver Commercial Monthly Recap: Not only are rents not climbing, they went down for all but one floor plan type. There were decreases in all categories, except for two-bedroom, one-bathroom units.
Calibrate Real Estate is excited to announce the successful sale of a 12-Unit multifamily listing in the Hale/Mayfair neighborhood: 780 Dexter Street. More information on this sale we assisted our Seller with below:
If you are a good person, with a good reputation, and you work hard – you can make it in real estate. Real Estate investor Mk Elkhamissy has a simple […]
Denver Commercial Monthly Recap: Rents also decreased during the quarter – by $17 – taking back last quarter’s gain to arrive at $1,512, or $1.74 per square foot. This figure is equal to the rate one year ago, therefore annual rental rate growth slowed to 0%, down from 4.2% last quarter.
Real estate can be a great path to wealth. But a saying that can be said about most things in life, you should have started sooner and you should have asked more questions, is especially true in real estate. Dave Seymour is the CEO of Freedom Venture Investments and is well know for his reality TV Show, Flipping Boston.
Calibrate is proud to present the 1st Central Denver Market Report for 2020 – Below is a list of of Calibrate’s Current Commercial Listings and Recent Sales Highlights