2020Q1: Denver’s Largest Landlord Discuss COVID-19 Delinquencies
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?
Tag Archives: Newsletter
2019Q4: Property Taxes – The Fight to Get it Right
The turning of a New Year is a dramatic reminder that the holidays are over and the “tax man” cometh. Regardless of your political affiliation, we’ve never heard a wealthy, real estate investor brag about how much they get to pay in property taxes
2019Q4: Denver Sales Break Through Major Milestone
Six years after breaking the $100,000/unit price point, Central Denver apartments averaged over $204,000/unit in 2019. We calculate the average price per unit annually from Central Denver’s transactions between 10-100 units, excluding sales of recently constructed projects.
Client Corner: Family of Juanita Pedotto
Some real estate transactions pay off in surprising ways. In May I received a phone call from Carol who said that her Mother, Juanita, had just passed away at 102 years old. She had left her daughters, Carol, Donna and Jude multiple properties in the Denver Metro area.
2019Q3: 1960s’ Center Hallway Buildings: A Case Study
Searching for a Central Denver trendline within the past two years, we decided to research three 1960’s center hallway buildings sold by Calibrate Real Estate. Why?
2019Q3: $200k Per Door is not Automatic
Central Denver appears to be headed for another record year of apartment sales prices. To many observers it might seem that nearly everything is selling for $200,000+ per door; but are they really?
2019Q2: Lower Interest Rates Help Prop Up The Market
Denver’s apartment market has been on the rise for nearly a decade. That run has some investors worried that we are now “late in the cycle”, anticipating that an inevitable downturn is on the horizon. However, there are several reasons to believe that the market will continue to push ahead.
2019Q2: Rent & Vacancy Results Reflect Healthy Market
Encouraging news was published in late July within the Apartment Association of Metro Denver’s 2nd Quarter Vacancy & Rent Report.
2019Q1: Higher Property Tax Assessments Coming in May
Brace yourselves – – new property tax assessments will be mailed the first week of May. Every two years the Denver County Assessor’s Office sends out their new valuation notices to property owners. Once again, we expect assessments will be higher than two years ago for most apartment owners in Central Denver.
2018Q4 Central Denver Multifamily Sales Comps
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.