January in Review: Denver Apartment Market Surprisingly Strong Despite Pandemic
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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
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.
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?
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.