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.
Being a part of the solution doesn’t mean that you have the answer to the problem – instead it can be as simple as letting someone know “I am here. How can I help?” The conversations we are having with our clients today are reflective of the next 6 months, post COVID-19 shut down.
How did the housing market perform this month? Continue reading below for more statistics on the Denver Metro Area Residential Market for JUNE 2020:
Dr. Seuss said, “don’t cry because it’s over; smile because it happened.” It is with mixed emotions that we announce the departure of the Johnson Piretti Team from Calibrate Real Estate. While we will miss our daily comradery and collaboration, we look forward to the new opportunities that the future presents.
Everyone has been asking us, “how has COVID-19 impacted other apartment operators?” Further, how are the leaders of Denver’s apartment industry navigating this pandemic?
How did the housing market perform this month? Continue reading below for more statistics on the Denver Metro Area Residential Market for MAY 2020:
To create an emotional connection with your desired audience is the definition of branding. To take it a step further, brand activism is branding with the goal making an impact on social, economic, or environmental issues. In the year 2020, in the wake of George Floyd’s tragic death, and protests through out the nation demanding equality – we have to ask the hard questions. How can I help?
When there is a shift in the marketplace, there is opportunity. Now is the time in which you can analyze what habits you have formed in your business and how they may or may not be serving you in this new market. On this weeks episode, Kyle Malnati is the guest speaker on a Mastermind hosted by Coach Wayne Salmans.
How are the Leaders of Denver’s apartment industry navigating this pandemic? And more importantly, how they are planning for the future? From rent deferrals and delinquent tenants, rent strikes, and the effects of unemployment spikes – we are only starting to see the effects of COVID-19 on the commercial real estate industry.
It has been 9 weeks since the President declared a national state of emergency due to the Corona Virus, and 7 weeks since states began to enact stay at home orders. The effects of this pandemic on the economy are just beginning to unfold.