January in Review: Denver Apartment Market Surprisingly Strong Despite Pandemic
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Calibrate Real Estate announces the sale of a vintage 6-unit building located in Denver’s Uptown neighborhood. Kyle Malnati represented the Sellers, a local family partnership, in this transaction. These savvy investors purchased this property nine […]
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3 Potential Tax Law Changes that Would Affect Investors. 1. Raising capital gains 2. Elimination of substantial reduction of tax-free estate transfer upon death; and 3. Elimination of the 1031 tax deferred exchanges
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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.